Nexus Select Trust has informed the Exchange regarding Outcome of Annual General Meeting held on 29/07/2025
Awaiting price reaction for this filing.
Nexus Select Trust held its Third Annual Meeting of Unitholders on July 29, 2025, via video conferencing from 2:00 PM to 2:51 PM IST. A total of 50 unitholders attended virtually. Two resolutions were tabled for approval: (1) adoption of the Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2025, along with the auditor's report, and (2) adoption of the Valuation Report from iVAS Partners for FY 2025-26. The statutory auditor's report was clean, with no qualifications or observations. CEO Dalip Sehgal gave a brief update on the Trust's performance for FY25. Remote e-voting was open from July 25 to July 28, 2025, with results to be announced on or before July 31, 2025.
This is a routine procedural filing confirming the AGM was conducted properly. The clean (unmodified) auditor's report is a positive signal for unitholders. No material new information was disclosed beyond standard AGM agenda items, so no immediate impact on unit price is expected.