Nexus Select Trust has informed the Exchange regarding Disclosure of material issue

Nexus Select Trust reported Q1 FY26 results with consumption (tenant sales) of ~INR 33 billion, up 11% year-on-year, and retail Net Operating Income of INR 4.2 billion, up 12% YoY. NOI margin expanded by 50bps YoY to a healthy 75%. The trust declared a distribution of INR 3,378 million (INR 2.230 per unit), up 12% quarter-on-quarter, marking the 8th consecutive quarter of 100% NDCF payout. Leased occupancy held steady at 97.2%, and 0.27 million sq ft was re-leased at a 15% spread. Average cost of debt declined 40bps QoQ to 7.5%, LTV remains low at 18%, and ~$1Bn of debt headroom is available. The trust also highlighted a robust acquisition pipeline of 10+ assets across 8 states, with recently acquired Vega City and MBD Neopolis showing strong integration and tenant sales growth.