Nexus Select Trust has informed the Exchange regarding Credit rating obtained on 26/11/2025
Awaiting price reaction for this filing.
Nexus Select Trust has obtained a credit rating of AAA (Stable) from Crisil Ratings Limited for its proposed ₹700 crore Non-Convertible Debentures (NCDs). The rating was assigned on November 26, 2025, and reflects the highest degree of safety regarding timely servicing of financial obligations. This is a new rating assignment for a proposed NCD issuance, indicating the trust's plan to raise debt capital of ₹700 crore through this instrument. AAA/Stable is the highest investment-grade rating, suggesting very strong creditworthiness.
Positive for shareholders — the AAA/Stable rating signals strong credit quality and should allow the trust to raise ₹700 crore at favorable interest rates, supporting growth plans without straining finances.