Nexus Select Trust has informed the Exchange regarding Credit rating obtained on 01/12/2025
Awaiting price reaction for this filing.
Nexus Select Trust has received a credit rating of IND A1+ from India Ratings and Research (Ind-Ra) for its Commercial Paper (CP) programme of up to INR 6,000 million (₹600 crore) with maturity of up to 364 days. This is a fresh assignment of rating dated December 1, 2025, following up on the rating action commentary issued on July 17, 2025. IND A1+ is the highest rating category for commercial papers in India, signalling the strongest capacity to meet short-term financial obligations. The rating will remain valid for a maximum of one year from the date of issuance of the instrument.
The top-tier A1+ rating reflects strong confidence in Nexus Select Trust's ability to repay short-term debt and should support smooth issuance of commercial papers at favourable rates. For unitholders, this signals continued robust credit quality and easy access to short-term funding markets, which is generally positive for the trust's unit price.