Nexus Select Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Nexus Select Trust informed the exchanges that the debenture holders' meeting scheduled for March 16, 2026, was adjourned to March 23, 2026 due to lack of quorum. The meeting was called to seek consent for amending the Debenture Trust Deed and related documents to correct a typographical error in the description of the mortgaged property (office/IT park floors at Westend Mall, Pune). The debentures in question are NCDs worth up to INR 700 Crores. The adjournment is purely procedural and the original purpose remains unchanged.
No material impact on shareholders. This is a routine procedural update with no change to the trust's financial position, debt structure, or operations. The adjournment simply delays the formal approval of a minor documentation correction by one week.