ScoutQuest9 Oct 2026
Nimbus Projects511714Subsidiary or JV

Nimbus Projects converts partnership firm into subsidiary IITL Nimbus The Hyde Park Pvt Ltd, holds 66.66% for Rs.25,00,000/-

66.66%NPL shareholding in Hyde Park
NPL shareholding in Hyde Park: 66.66%.
Stake in subsidiary
66.66% (2,50,000 equity shares of Rs. 10/- each)
Consideration / cost of acquisition
Rs 25,00,000/- converted into 2,50,000 equity shares of Rs. 10/- each fully paid-up
Date of incorporation
October 08, 2026
Target
IITL Nimbus The Hyde Park Private Limited
Transaction
New Subsidiary (conversion of partnership firm into a subsidiary company)

Nimbus Projects converts partnership firm into subsidiary IITL Nimbus The Hyde Park Pvt Ltd, holds 66.66% for Rs.25,00,000/-.

Previous intimation of proposed conversion
Date of incorporation of Hyde Park
MCA/CRC approval received
Date of this intimation
Previous intimation of proposed conversion 27 Jul 2026 · Date of incorporation of Hyde Park 8 Oct 2026 · MCA/CRC approval received 8 Oct 2026 · Date of this intimation 9 Oct 2026
More numbers
  • Authorized Share Capital of Hyde ParkRs.50,00,000/-
  • Paid up Share Capital of Hyde ParkRs.25,00,000/-
  • Equity shares of Hyde Park held by NPL2,50,000
  • NPL shareholding in Hyde Park66.66%
  • Equity shares of Hyde Park held by Mr. Bipin Agarwal1,25,000
  • Mr. Bipin Agarwal shareholding in Hyde Park33.37%
  • Cost of acquisition of 2,50,000 equity sharesRs.25,00,000/-
  • Turnover of Hyde Park as partnership firm, F.Y 2025-261.60 (Rs.in Crores)
  • ConsiderationRs.25,00,000/-
Source: BSE · 9 Oct 2026

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