Nexus Select Trust has approved a plan to raise up to INR 100 Crores through the issuance of commercial papers to strengthen its financial resources. The decision was taken by the Board of Directors of Nexus Select Mall Management Private Limited, acting as the Manager to the Trust, during a meeting held on Wednesday, June 24, 2026. The funds will be mobilized via listed, rated, and redeemable commercial papers issued in dematerialised form.

The issuance will be conducted on a private placement basis, targeting eligible investors in one or more transactions or series. This strategic move allows nexus select trust reit to access short-term capital efficiently while maintaining flexibility in the timing and structure of the allotments.

Key Details of the Issuance

The board's approval outlines the framework for the capital raise, specifying the instrument type and the maximum aggregate amount. The commercial papers will be structured to ensure liquidity and attractiveness to potential investors.

The meeting, which commenced at 12:04 Hrs IST and concluded at 12:57 Hrs IST, was convened to deliberate on this and other matters. Vijay Kumar Gupta, General Counsel, CS & Compliance Officer, signed the regulatory disclosure confirming the outcome.

Members from the management team of Nexus Select Mall Management Private Limited, the Manager to Nexus Select Trust , met with institutional investors on June 22, 2026. The meeting was conducted virtually as part of the Nirmal Bang Conference.

The disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited. The filing detailed the format of the interaction and the specific event where the engagement took place.

The following table outlines the key details of the meeting:

The communication was addressed to the Corporate Relations departments of both exchanges. Vijay Kumar Gupta, General Counsel, CS & Compliance Officer, signed the disclosure on behalf of the trust, acting through its manager.