Nimbus Projects Ltd. Announces Partnership Stake Sale
Nimbus Projects Limited announced on March 28, 2026, that Nimbus Propmart Private Limited (NPPL), a group company, is selling its partnership stakes in three partnership firms to Mr. Bipin Agarwal, the Managing Director and promoter of Nimbus Projects Limited.The partnership firms involved are IITL-Nimbus, The Express Park View (EPV), IITL-Nimbus, The Palm Village (PV), and IITL-Nimbus, The Hyde Park, Noida (HP). Currently, Nimbus Projects Limited holds 95% capital contribution in EPV and PV, while NPPL holds 5%. In The Hyde Park, both Nimbus Projects Limited and NPPL hold a 50% capital contribution.Following the transaction, NPPL will retire from the partnership firms, and Mr...