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 General Meeting on July 29, 2025, via video conferencing. Unitholders approved both resolutions on the agenda with overwhelming majority. Resolution 1, to adopt the audited standalone and consolidated financial statements for FY ended March 31, 2025 along with the Auditor's Report and Annual Report on performance, was passed with 99.9999% votes in favour (119.06 crore units in favour, only 822 against). Resolution 2, to adopt the Valuation Report issued by IVAS Partners (independent valuer) for the Trust's assets as at March 31, 2025 and approve the valuer's fees for FY2025-26, was passed with 99.9890% votes in favour (118.36 crore units in favour, 1.30 lakh against). Both resolutions were passed by simple majority as required.
This is a routine procedural filing confirming AGM approvals. Both resolutions passed with near-unanimous support, reflecting strong unitholder confidence. No material impact on unit price is expected from this disclosure.