Nimbus Projects: Change in Designation of Mr. Bipin Agarwal (DIN: 00001276) from the position of 'Chairman & Managing…
Nimbus Projects (NIMBSPROJ) filed a disclosure titled "Change in Designation of Mr. Bipin Agarwal (DIN: 00001276) from the position of 'Chairman & Managing Director' to 'Managing Director of the company". The company is valued at about ₹357 crore.
What happened
Nimbus Projects (NIMBSPROJ) filed a disclosure with the exchanges on 5 November 2026 at 10:05 PM titled "Change in Designation of Mr. Bipin Agarwal (DIN: 00001276) from the position of 'Chairman & Managing Director' to 'Managing Director of the company".
Company snapshot
Nimbus Projects is a micro-cap company, with a market value of about ₹357 crore.
The stock last traded at ₹185, against a 52-week range of ₹141–₹231.2 (20.0% below the high).
Before this filing the shares had moved −2.4% over the month and +1.3% over three months. Average daily turnover over the last 20 sessions was about ₹0.13 crore.
Promoters held 70.50% at the end of Q1 FY27. Foreign institutions owned 0.19% and domestic institutions 0.00%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q4 FY26 | 218 | -15.9 | -16.13 |
| Q1 FY27 | 3 | -0.5 | 1.69 |
What history shows
BCEIE's records show 9 previous management change filings from the company since May 2026.
After those filings, the stock fell 2.5% on average the next trading day and was down 3.5% on average after five days (9 filings with price data).
Market-wide, 4,295 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 45% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 30 Sept 2026 | Appointment of Non-Executive, Non-Independent Director | −2.5% | −3.3% |
| 30 Sept 2026 | Regularization of Independent Director | −2.5% | −3.3% |
| 30 Sept 2026 | Re-Appointment of Director | −2.5% | −3.3% |
| 12 Aug 2026 | Recommending Appointment of Director ((Non-Executive,… | −2.7% | −2.7% |
| 12 Aug 2026 | Appointment of Director (Non-Executive, Non-Independent Director) of… | −2.7% | −2.7% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 5 November 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.