BSENexus Select TrustLowNeutral
Announced Wed, 7 May · 15:38 IST

Nexus Select Trust has informed regarding Record date for purpose of distribution for the Quarterly FY 2024-25 is 16/05/2025

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Nexus Select Trust has informed exchanges that its Manager's Board of Directors will meet on May 13, 2025 to consider and approve audited financial statements for FY ended March 31, 2025, along with unaudited condensed results for Q4 and H2 FY25. The Board will also consider declaring a distribution to unitholders for the quarter ended March 31, 2025. The record date for this distribution has been fixed as Friday, May 16, 2025, with payments proposed on or before May 23, 2025. The announcement is a standard procedural filing under SEBI's listing requirements for REIT distribution timelines.

Likely market impact

This is a routine compliance filing and does not signal any change in fundamentals. Investors holding units as of May 16, 2025 will be eligible for the Q4 FY25 distribution, though the actual amount per unit is not yet disclosed and will be decided at the May 13 board meeting.