Nexus Select Trust has informed the Exchange regarding Submission of the Compliance Report on Corporate Governance for the Q3 FY 2025-26
Awaiting price reaction for this filing.
Nexus Select Trust has submitted its quarterly Corporate Governance Compliance Report for the quarter ended December 31, 2025, as required under SEBI REIT Regulations. The board of its manager (Nexus Select Mall Management Pvt Ltd) has 8 directors, including 4 independent directors. A key change during the quarter: Mr. Tuhin Arvind Parikh ceased as Chairperson on November 4, 2025, and Mr. Asheesh Mohta was appointed as the new Chairperson from the same date. Mr. Siddharth Nawal also joined as a Non-Independent Director on November 4, 2025. Two board meetings were held during the quarter (November 4 and December 1, 2025), and all four committees (Audit, NRC, Stakeholders Relationship, Risk Management) met at least once. The company has affirmed full compliance with SEBI REIT Regulations regarding board composition, committee structure, and meeting procedures.
This is a routine regulatory filing with no material impact on shareholders. The leadership change at the Chairperson level may be worth monitoring, but the trust confirms full compliance with governance norms, which is reassuring for unit holders.