Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we wish to inform you that the Board of Directors of Nimbus Projects Limited ("the Company"), at its meeting held today, i.e., July 27, 2026, has, inter alia, approved the incorporation of a subsidiary company under the provisions of the Companies Act, 2013, by converting IITL-Nimbus, The Express Park View ( a partnership firm wherein the Company holds 95% of capital contribution) into a private limited Company in the name and style of "IITL Nimbus The Express Park View Private Limited", subject to completion of all applicable statutory and regulatory formalities.