Nimbus Projects has received approval for execution of the tripartite agreement dated on October 06, 2023 with IITL-Nimbus The Express Park View and IITL Projects for acquisition of stake of IITL-Nimbus The Express Park View from IITL Projects. The business of IITL-Nimbus The Express Park View is in line with the business of the Company, therefore, object of acquisition is to enhance the company’s stake in capital of the firm. The board of directors at its meeting held on October 06, 2023 has approved the same.
Nimbus Projects is engaged in real estate business and providing real estate consultancy to its various clients.
