Nexus Select Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Nexus Select Trust's Board approved audited condensed standalone and consolidated financial statements for Q4, H2, and FY ended March 31, 2025. The Trust declared a distribution of ₹3,030 million (₹2 per unit) for Q4 FY25, comprising ₹0.593/unit as interest, ₹1.221/unit as dividend, ₹0.043/unit as other income, and ₹0.143/unit as SPV debt repayment. Record date is May 16, 2025, with payment on or before May 23, 2025. Full-year FY25 total income rose to ₹13,275.44 million from ₹10,768.63 million in FY24 (~23% growth), while profit after tax grew to ₹10,690.09 million from ₹8,939.10 million. Net Asset Value stood at ₹151.83 per unit as of March 31, 2025. The auditor issued an unmodified opinion with an Emphasis of Matter note regarding classification of Unit Capital as Equity under REIT Regulations rather than Ind AS 32.
The ₹2/unit quarterly distribution is positive for unitholders and consistent with prior periods, reflecting stable rental income from mall assets. NAV of ₹151.83/unit provides a reference for valuation, while the clean (unmodified) audit opinion supports confidence in reported numbers.