Nexus Select Trust has informed the Exchange regarding Credit rating Review on 22/04/2026
Awaiting price reaction for this filing.
Nexus Select Trust has disclosed that both CRISIL Ratings and ICRA have completed their periodic credit rating review. CRISIL has reaffirmed its AAA/Stable rating on the corporate credit and NCDs worth INR 1000 crore, INR 700 crore, and INR 300 crore, along with A1+ on INR 500 crore Commercial Paper. ICRA has also reaffirmed its AAA(Stable) rating on NCDs worth INR 2550 crore and the issuer rating. One ICRA rating was withdrawn as the instrument was no longer outstanding. All ratings reflect the highest safety category, indicating the lowest credit risk for timely debt servicing.
This reaffirmation of top-tier ratings is a positive signal for investors, confirming Nexus Select Trust's strong financial health and ability to meet debt obligations. The stock is likely to retain investor confidence given the consistent creditworthiness assessment.