Nexus Select Trust will convene its Board of Directors on October 12, 2026, to consider raising funds up to ₹2,050 crore through various debt instruments.

The meeting, scheduled by the manager Nexus Select Mall Management Private Limited, aims to approve the issuance of listed, rated, redeemable non-convertible debentures (NCDs) in one or more transactions. The proposal also includes availing term loans and issuing commercial papers, subject to terms approved by the Board.

Debt raising structure

The Trust seeks authorization for an aggregate principal amount of ₹2,050 crore. This capital infusion can be executed through a combination of the following modes:

• Issuance of listed, rated, redeemable NCDs to eligible investors in multiple series or tranches.
• Availing term loans from financial institutions.
• Any other permissible debt-raising mode, including the issuance of commercial papers.

The specific terms and conditions for these instruments will be finalized during the board meeting. The move aligns with Regulation 50(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates prior intimation for such corporate actions.

This strategic borrowing plan indicates a focus on optimizing the capital structure through diverse debt sources. By leveraging both long-term instruments like NCDs and term loans alongside short-term commercial papers, the Trust may aim to balance liquidity needs with cost-of-capital efficiency.

Nexus Select Trust REIT held a one-on-one virtual meeting with institutional investors on September 28, 2026. This engagement marks the fourth such interaction by the trust’s management in late September 2026.

The session allowed senior management to engage directly with stakeholders regarding the trust’s operations. It follows similar investor interactions held on September 18, September 21, and September 24, 2026. All four meetings were conducted in a focused format to facilitate dialogue between the trust’s leadership and its institutional investor base.

Meeting Details

The September 28 event was identified as a general meeting with Institutional Investors. Senior management personnel from Nexus Select Mall Management Private Limited, the manager to the trust, participated in the discussions. The format enabled targeted conversations on operational and strategic matters relevant to the trust's performance and outlook.

The disclosure was issued by Vijay Kumar Gupta, General Counsel, Company Secretary and Compliance Officer of the trust. The filing was submitted to both the National Stock Exchange of India Limited and BSE Limited on September 28, 2026.