Anand Kumar appointed Non-Executive Chairman of the Board
Nimbus Projects' Board unanimously appointed Mr. Anand Kumar as Non-Executive Chairman of the Board from November 05, 2026.
By ScoutQuest · · 1 min read
- Appointee
- Mr. Anand Kumar (DIN: 03194060)
- Designation
- Non-Executive Chairman of the Board
- Effective Date
- November 05, 2026
Board leadership change
Nimbus Projects Ltd has informed the stock exchanges that its Board of Directors, at its meeting held on November 05, 2026, unanimously appointed Mr. Anand Kumar as Non-Executive Chairman of the Board with effect from November 05, 2026.
- Mr. Anand Kumar (DIN: 03194060) was already on the Board as a Non-Executive and Non-Independent Director.
- He continues to hold that position; the chairmanship comes as an additional responsibility.
- His designation changes from Non-Executive and Non-Independent Director to Chairman of the Board.
- The company links the change to the implementation of discretionary corporate governance requirements.
What changes, and what does not
The main change is who chairs the Board. Because Mr. Kumar stays a Non-Executive and Non-Independent Director, this is a non-executive role, so the appointment adds the chairman's responsibility rather than an executive or management position.
Sitting fee
He is entitled to receive sitting fee payable to Non-Executive Directors of the Company for attending Board meetings.
Other points from the update
- The meeting of the Board of Directors commenced at 03:00 p.m. (IST) and concluded at 08:00 p.m. (IST).
- The update states that Mr. Anand Kumar is not debarred from holding the office of Director by virtue of any MCA/SEBI order or order of any other such authorities.
The sequence is simple: a sitting non-executive director has been given the additional post of Chairman, and the disclosure follows the change in his designation.
Also from Nimbus Projects
Chairman steps down; Bipin Agarwal continues as Managing Director
5 Nov 2026
Nimbus Projects investor presentation: FY26 revenue up 28%, Q2FY27 balance sheet and FY29 projections
5 Nov 2026
Consolidated results for the 30-09-2026
5 Nov 2026
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