Nimbus Projects has agreed to a 25-acre land development deal in Mathura's Radha Kund region, securing an initial payment of INR 20 crores and a deposit of INR 10 crores. The agreement includes a 50/50 revenue-sharing model between the two parties.

The promoters of Nimbus Projects Ltd have applied for a reclassification to become a public company, as per SEBI Regulation 31A. This is due to their low shareholding, lack of control, and absence of any special rights within the company.

Nimbus Projects experiences a substantial increase in Q4 pre-sales, up by 77% year over year, reaching ₹281.2 crore. The company also reports a significant surge of 121% in customer collections, indicating robust demand from clients.

Nimbus Projects makes its debut on the National Stock Exchange (NSE), expanding its market reach beyond the Bombay Stock Exchange (BSE). The initial market capitalization of approximately ₹350-365 crore and shares trading near book value suggest a stable valuation for the company.