Nexus Select Trust declared a total distribution of ₹369.96 crore for the quarter ended June 30, 2026, signaling robust cash flow generation from its mall assets. The Board of Directors, acting through Manager Nexus Select Mall Management Private Limited, approved the unaudited standalone and consolidated financial results on August 03, 2026. This payout translates to ₹2.442 per unit, offering immediate returns to investors through a mix of interest, dividends, and capital return via debt repayment. Unitholders registered as of the record date will be eligible for these payouts, with payments scheduled to be made on or before August 13, 2026.

The distribution structure reflects a diversified approach to returning value to unitholders. It comprises ₹157.71 crore (₹1.041 per unit) in the form of interest, less applicable taxes; ₹130.44 crore (₹0.861 per unit) as dividend; ₹0.455 crore (₹0.003 per unit) from other income; and ₹81.35 crore (₹0.537 per unit) as repayment of Special Purpose Vehicle (SPV) level debt. The record date for determining eligibility is Thursday, August 06, 2026.

Distribution Breakdown

The Board noted the Auditor’s Limited Review Report on the financial results during the meeting held on Monday, August 03, 2026. The meeting commenced at 14:33 Hrs IST and concluded at 16:05 Hrs IST. The statutory auditors provided their limited review report, ensuring compliance with regulatory standards for the quarter’s financial disclosures.

Regulatory Compliance and Disclosures

The disclosure was made pursuant to Regulation 51(1) and (2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Regulation 23(5) of the SEBI (Real Estate Investment Trusts) Regulations, 2014. The Trust confirmed there were no material deviations in the use of proceeds from the issue of debt securities, as required by SEBI Circular SEBI/HO/DDHS/DDHS/CIR/P/2018/71 dated April 13, 2018, read with paragraph 4.18 of SEBI Master Circular No. SEBI/HO/DDHS-PoD-2/P/CIR/2025/99 dated July 11, 2025.

Additionally, the Trust submitted a Security Cover Certificate in compliance with SEBI Circular bearing reference no. SEBI/HO/MIRSD/MIRSD_CRADT/CIR/P/2022/6 dated May 19, 2022, under Regulation 54 of the SEBI LODR Regulations, 2015. All relevant documents, including the unaudited financial results and auditor reports, have been uploaded to the Trust’s website at https://www.nexusselecttrust.com/ .

What the Numbers Show

The significant portion of the distribution allocated to SPV debt repayment (₹81.35 crore) indicates a strategic focus on deleveraging specific project-level entities while maintaining high distributable cash flows. By combining regular income streams (interest and dividends) with principal repayment, Nexus Select Trust is balancing yield generation with balance sheet optimization for its underlying assets.

Nexus Select Trust has issued a revised scrutinizer’s report for its Fourth Annual Meeting of Unitholders held on July 29, 2026, after discovering a calculation error in its initial disclosure. The trust notified the National Stock Exchange of India Limited and BSE Limited on July 31, 2026, stating that invalid votes had not been deducted from the total number of votes polled when calculating the percentage of votes polled on outstanding shares in the original report dated July 31, 2026. This correction ensures accurate representation of shareholder participation metrics for regulatory and investor transparency, though it does not alter the outcome of any resolutions passed during the meeting.

The revised data, submitted by Rupal D. Jhaveri, the appointed practicing company secretary and scrutinizer, confirms that while the resolutions passed remain unchanged, the denominator for calculating participation rates was previously inflated by including invalid votes. The meeting, conducted via Video Conferencing and Other Audio-Visual Means (VC/OAVM), saw 42 unitholders representing 65,75,23,083 units participate, accounting for 43.40% of the trust’s total voting power. Arjun Sharma, Vice-Chairman and Non-Executive Non-Independent Unitholder Nominee Director, chaired the session in the absence of Chairman Asheesh Mohta.

Voting Results Overview

Unitholders approved three key resolutions during the proceedings with overwhelming support. The audited standalone and consolidated financial statements for FY26, along with the auditor’s report and annual performance report, were adopted. Additionally, the valuation report issued by iVAS Partners for assets as of March 31, 2026, was approved. The appointment of Ms. Lopamudra Bidwata Panda as valuer and Savills Property Services (India) Private Limited as industry assessment services provider for FY27 and FY28 also received approval.

Dalip Sehgal, Chief Executive Officer of the Manager Nexus Select Mall Management Private Limited, provided updates on leasing performance and acquisition strategy. Vijay Kumar Gupta, General Counsel and CS & Compliance Officer, confirmed that the statutory audit report was unmodified. The high volume of invalid votes—totaling 7,80,48,412 across all resolutions—primarily stemmed from remote e-voting errors, with 6,62,41,544 invalid votes cast remotely and 1,18,06,868 during the AM.

Governance Compliance

The meeting complied with Chapter 9 of SEBI Master Circular No. SEBI/HO/DDHS-PoD-2/P/CIR/2025/99 dated July 11, 2025. KFin Technologies Limited hosted the electronic meeting and e-voting facility, with remote voting open from July 25, 2026, at 09:00 a.m. IST until July 28, 2026, at 05:00 p.m. IST. The cut-off date for voting entitlement was July 22, 2026. The revised report has been uploaded to the trust’s website for public record, ensuring all stakeholders have access to the corrected participation figures.