Nexus Select Trust sponsors hold 22.30% in Q1FY26

1 min read     Updated on 15 Jul 2026, 06:59 PM
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Naman SScanX News Team
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Nexus Select Trust released its unitholding pattern for Q1FY26, revealing a total of 1,51,50,00,000 outstanding units. Sponsors and associates held 22.30%, fully pledged, while public holding accounted for 77.70%, led by mutual funds and bodies corporates.

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Nexus Select Trust reported that sponsors and their associates held 22.30% of the total outstanding units in the unitholding pattern for the quarter ended June 30, 2026. The filing, submitted to the National Stock Exchange of India Limited and BSE Limited, details the distribution of units among various categories of holders.

The total outstanding units for the trust stood at 1,51,50,00,000. The sponsor group, comprising foreign entities, held 33,77,92,801 units, representing 22.30% of the total. Wynford Investments Limited held the largest stake within the sponsor group at 6.04%, followed by SSIII Indian Investments One Limited at 4.65%. All units held by the sponsor group were pledged or otherwise encumbered, amounting to 99.92% of their total holding.

Public holding constituted the majority of the ownership at 77.70%, totaling 1,17,72,07,199 units. Institutions held 34.97% of the total units, with Mutual Funds being the largest institutional holders at 16.48%. Foreign Portfolio Investors held 11.06%, while Insurance Companies accounted for 5.83%.

Within the non-institutions category, Bodies Corporates held 17.79% of the total units. Individuals held 16.07%, and Non-Resident Indians held 8.87%. The total number of unitholders as of June 30, 2026, was recorded at 75,006.

Unitholding Pattern Summary

Category No. of Units Held As a % of Total Outstanding Units
Sponsor & Sponsor Group 33,77,92,801 22.30
Public Holding 1,17,72,07,199 77.70
Total Units Outstanding 1,51,50,00,000 100.00

Public Holding Breakdown

Category of Unit Holder No. of Units Held As a % of Total Outstanding Units
Institutions
Mutual Funds 24,97,16,216 16.48
Insurance Companies 8,83,33,779 5.83
Foreign Portfolio Investors 16,75,77,915 11.06
Alternative Investment Fund 1,47,04,124 0.97
Provident/pension funds 94,42,212 0.62
Non-Institutions
Bodies Corporates 26,94,99,776 17.79
Individuals 24,35,21,495 16.07
Non-Resident Indians 13,44,06,490 8.87

Historical Stock Returns for Nexus Select Trust REIT

1 Day5 Days1 Month6 Months1 Year5 Years
+0.39%+0.01%+2.94%+6.40%+13.08%+61.00%

What impact will the 99.92% encumbrance of sponsor holdings have on the trust's governance and potential strategic decisions?

How might the significant reduction in sponsor stake from initial levels affect future foreign direct investment inflows into the trust?

Is the high ownership by Bodies Corporates indicative of a potential consolidation in the unitholder base moving forward?

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Nexus Select Trust 4th AGM on July 29, 2026

2 min read     Updated on 07 Jul 2026, 06:11 PM
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Radhika SScanX News Team
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Nexus Select Trust has scheduled its 4th Annual General Meeting for July 29, 2026, via video conferencing to approve audited financial statements for FY26 and adopt the asset valuation report. Unitholders will also vote on appointing a new valuer and industry assessment services provider. Remote e-voting is available from July 25 to July 28, 2026, for unitholders holding units as of July 22, 2026.

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Nexus Select Trust will hold its 4th Annual General Meeting on Wednesday, July 29, 2026, at 2:00 P.M. IST via video conferencing. The meeting has been convened to approve the audited standalone and consolidated financial statements for the financial year ended March 31, 2026, and to adopt the valuation report for the Trust's assets as of the same date. Additionally, unitholders will consider the appointment of a new valuer and an industry assessment services provider for the subsequent financial years.

Agenda for the Meeting

The Board of Directors of Nexus Select Mall Management Private Limited, the Manager to the Trust, approved the financial statements and valuation report at meetings held on May 12, 2026, and June 24, 2026. The primary business to be transacted includes the adoption of the audited financial results and the valuation report issued by iVAS Partners, represented by Mr. Vijay Arvind Kumar C, Partner, Independent Valuer.

Unitholders will also vote on the appointment of Ms. Lopamudra Bidwata Panda as the registered valuer and M/s Savills Property Services (India) Private Limited as the industry assessment services provider for the financial years 2026-27 and 2027-28. The proposed remuneration for these services is ₹ 45,00,000 per annum, inclusive of out-of-pocket expenses but excluding applicable taxes, with an additional fee not exceeding ₹ 4,00,000 per valuation for any newly acquired assets.

E-voting and Participation Details

The Manager has provided a remote e-voting facility for unitholders to cast their votes electronically. The e-voting period commences at 09:00 Hrs IST on Saturday, July 25, 2026, and concludes at 17:00 Hrs IST on Tuesday, July 28, 2026. Unitholders holding units as of the cut-off date, Wednesday, July 22, 2026, are eligible to vote.

The meeting will be conducted via video conferencing without a physical venue. The facility for joining the meeting will be available from 01:45 PM IST on July 29, 2026. Ms. Rupal Dhiren Jhaveri, Company Secretary in Practice, has been appointed as the Scrutinizer to oversee the e-voting process.

Key Meeting Information

Particulars Details
Date and Time 02:00 PM IST, Wednesday, July 29, 2026
Mode Video Conferencing / Other Audio-Visual Means
Cut-off Date Wednesday, July 22, 2026
Remote E-voting Start 09:00 AM IST, Saturday, July 25, 2026
Remote E-voting End 05:00 PM IST, Tuesday, July 28, 2026
E-voting Website https://emeetings.kfintech.com/

The notice and relevant documents are available on the Trust's website at www.nexusselecttrust.com . Unitholders can also access the meeting proceedings via the webcasting link provided on the e-voting platform.

Historical Stock Returns for Nexus Select Trust REIT

1 Day5 Days1 Month6 Months1 Year5 Years
+0.39%+0.01%+2.94%+6.40%+13.08%+61.00%

How might the approval of the FY2026 valuation report influence the Trust's distribution yield for unitholders?

What strategic acquisitions is Nexus Select Trust targeting that would require the additional valuation fees mentioned in the agenda?

Could the appointment of a new industry assessment services provider signal a shift in the Trust's portfolio management strategy?

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1 Year Returns:+13.08%