Nexus Select Trust has re-appointed M/s. Chandrasekaran Associates, Practicing Company Secretaries, as its Secretarial Auditor for Financial Year 2026-27. The decision was approved by the Board of Directors of Nexus Select Mall Management Private Limited, the Manager to the Trust, acting on the recommendation of the Audit Committee. The re-appointment was formalised at the Board meeting held on Tuesday, May 12, 2026, and the intimation was made pursuant to Regulation 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Secretarial Auditor Re-appointment Details

The following table summarises the key details of the re-appointment as disclosed by the Trust:

Profile of the Secretarial Auditor

M/s. Chandrasekaran Associates is an ICSI-registered, peer-reviewed Practicing Company Secretary firm with over 30 years of professional experience. The firm offers a broad range of services, including:

• Corporate Secretarial compliance management services
• Audit and assurance
• Due diligence and IPO assistance
• Merger, amalgamation, and re-structuring

The re-appointment information is also available on the Trust's website at https://www.nexusselecttrust.com/regulatory-filings . The disclosure was signed by Vijay Kumar Gupta, General Counsel, CS & Compliance Officer (Membership No. A14545), on behalf of Nexus Select Trust.

Nexus Select Trust has published its audited consolidated financial results for the quarter and financial year ended March 31, 2026, in newspapers on May 13, 2026. The results, approved by the Board of Directors of its Manager, Nexus Select Mall Management Private Limited, on May 12, 2026, were published in the Economic Times and Business Standard. The Trust's Statutory Auditors issued an unqualified (unmodified) opinion on the financial results. The Trust operates 19 consumption centres across 15 cities with a retail portfolio of 10.7 million square feet, making it India's only listed retail REIT.

Distribution Declared for Q4FY26

The Board declared a distribution of ₹346.33 crore (₹2.286 per unit) for the quarter ended March 31, 2026. The distribution comprises interest of ₹0.753 per unit, dividend of ₹1.380 per unit, other income of ₹0.008 per unit, and amortization of debt of ₹0.245 per unit. The record date for the distribution is Friday, May 15, 2026, with payment scheduled on or before Friday, May 22, 2026. The cumulative distribution for FY26 aggregates to ₹1,375.62 crore (₹9.081 per unit), reflecting 9% year-on-year growth.

NAV and Valuation

The Net Asset Value (NAV) per unit was declared at ₹164.00 as at March 31, 2026, based on valuation reports issued by iVAS Partners. The statement of net assets reflects total assets of ₹32,240.90 crore and total liabilities of ₹7,394.30 crore, resulting in net assets of ₹24,846.30 crore.

Consolidated Financial Performance

On a consolidated basis, the Trust reported revenue from operations of ₹2,568.00 crore for FY26, compared to ₹2,282.89 crore in the previous year. Total income for the year stood at ₹2,655.30 crore. Profit for the period was reported at ₹403.47 crore for FY26. The Trust recorded FY26 consumption growth of 15% year-on-year and retail Net Operating Income (NOI) growth of 13% year-on-year. The consolidated results include financial information for assets such as Vega City mall acquired on February 11, 2025, MBD Neopolis mall along with Radisson Blu hotel acquired on May 07, 2025, and 6 units having gross lettable area of 60,000 sq ft situated at Nexus Elante complex acquired on December 05, 2025.

Segment-Wise Performance

The Mall segment remained the dominant revenue contributor, generating ₹2,253.33 crore in FY26, followed by Hospitality at ₹179.47 crore and Office at ₹132.58 crore. On a quarterly basis for Q4FY26, the Mall segment contributed ₹564.03 crore to revenue from operations.

Net Distributable Cash Flow (NDCF)

The Trust-level Net Distributable Cash Flow (NDCF) for FY26 stood at ₹1,375.89 crore, with a distribution payout ratio of 99.98%. For the quarter ended March 31, 2026, the NDCF was ₹345.90 crore, with a distribution payout ratio of 100.13%. The management has also provided a 9% Distribution Per Unit (DPU) growth guidance for FY27.