Nimbus Projects has informed that the board of directors of the company at its meeting held on March 02, 2013, in has considered and approved the allotment of 36,00,000 8% Non - Cumulative, Non Convertible, Non - Participating, Compulsory Redeemable Preference Shares of Rs. 10 each at a premium of Rs. 40 to the applicants, on such others terms & conditions as already approved by the members of the company in the extra ordinary general meeting held on December 28, 2012.
The above information is a part of company’s filings submitted to BSE.
