Nimbus Projects Limited Announces 33rd AGM on Sep 29, 2026, to Adopt FY26 Financials
Nimbus Projects Limited will hold its 33rd AGM on September 29, 2026, to approve FY26 financials. The agenda includes adopting standalone and consolidated results, re-appointing a director, and appointing new auditors. The company reported a standalone loss of ₹1212.94 Lakh and a consolidated loss of ₹8798.85 Lakh for FY26.
The AGM is a routine corporate event, but the adoption of annual financial statements and key director/auditor appointments can have a medium-term impact on corporate governance and strategy.
The announcement is primarily procedural, concerning the AGM and financial statement adoption. While it discloses financial results, the widening consolidated loss tempers any positive sentiment.
Nimbus Projects Limited (NIMBSPROJ) has announced its 33rd Annual General Meeting (AGM) scheduled for Tuesday, September 29, 2026, at 12:30 p.m. IST, to be conducted via Video Conference (VC) or Any Other Audio-Visual Means (OAVM).
The primary agenda for the AGM includes the consideration and adoption of the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, along with the reports of the Board and Auditors.
Key resolutions to be passed include the re-appointment of Mr. Rajeev Kumar Asopa as a Director retiring by rotation, and the appointment of M/s Doogar & Associates as the Statutory Auditors of the company, along with fixing their remuneration. Special business items include the appointment of Ms. Neha Atal Poddar as an Independent Woman Director and Mr. Anand Kumar as a Non-Executive Non-Independent Director. The AGM will also seek approval for entering into material related party transactions with identified entities and promoter group companies.
Remote e-voting will commence on Saturday, September 26, 2026, at 9:00 A.M. IST and conclude on Monday, September 28, 2026, at 5:00 P.M. IST. The cut-off date for determining eligibility for e-voting is Tuesday, September 22, 2026. The integrated annual report for the financial year 2025-26, containing the notice of the AGM, has been dispatched electronically to members and is also available on the company's website and the NSDL e-voting portal.
The company's standalone revenue for FY 2025-26 was ₹146.73 Lakh, with a loss of ₹1212.94 Lakh. On a consolidated basis, revenue increased to ₹22875.62 Lakh from ₹17829.71 Lakh in the previous year, however, the consolidated loss widened to ₹8798.85 Lakh from a profit of ₹6411.66 Lakh in the prior year.
A plain-language summary of a public exchange filing by Nimbus Projects Limited. Read the original for the full detail.