Nexus Select Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Nexus Select Trust, through its Manager Nexus Select Mall Management Private Limited, has approved the allotment of 3000 commercial paper (CP) units via a borrowing committee resolution dated February 05, 2026. Each CP has a face value of INR 5 lakh, taking the total issue size to INR 150 crores on a private placement basis. The CPs carry a discount rate of 6.86%, have a short tenure of 46 days, and will mature on March 23, 2026. The instruments will be listed on the wholesale debt market segment of BSE. This is a short-term funding activity undertaken in the ordinary course of business.
This is a routine short-term borrowing to meet working capital needs, with no material impact on unit price or distributions. Investors should note the modest addition to the trust's short-term debt, which will be repaid within roughly 6 weeks.