Nexus Select Trust has informed that the Board of Directors of Nexus Select Mall Management Private Limited (“NSMMPL”), Manager to Nexus Select Trust (Trust), at its Meeting held on Thursday, June 19, 2025, has inter-alia given approval for raising of debt of an aggregate principal amount of INR 7,000 million (Indian Rupees Seven Thousand Million Only), either by way of - issuance of listed, rated, redeemable commercial papers for a term not exceeding 364 days from their date of allotment to be issued at discount and redeemable at par, in dematerialised form, on a private placement basis, in one or more transactions, and/or in one or more series and/or tranches to eligible investors that may be approved from time to time; and / or issuance of listed, rated, redeemable non-convertible debentures (in-principal approval), in one or more transactions, and/or in one or more series and/or tranches to eligible investor(s) that may be approved from time to time. The meeting commenced at 10:30 am IST and concluded at 10:55 am IST.
The above information is a part of company’s filings submitted to BSE.
