Nexus Select Trust has informed the Exchange regarding Submission of the Compliance Report on Corporate Governance for the Q4 FY 2024-25
Awaiting price reaction for this filing.
Nexus Select Trust has submitted its quarterly and annual Compliance Report on Corporate Governance to NSE and BSE as required under SEBI's REIT Regulations. The board consists of 8 directors, including 4 independent directors, with all four required committees (Audit, Nomination & Remuneration, Risk Management, Stakeholders' Relationship) properly constituted. During the January–March 2025 quarter, the board held 3 meetings (Feb 4, Feb 20, Mar 26), the Audit Committee met twice, and the Stakeholders' Relationship Committee met once. All annual governance affirmations, including board composition, code of conduct, related party transactions, vigil mechanism, and committee composition, are marked as compliant.
This is a routine regulatory compliance filing with no material impact on shareholders or the stock price. It simply confirms that Nexus Select Trust's governance practices meet SEBI's REIT regulatory requirements for the quarter and full year ended March 31, 2025.