Nexus Select Trust Board Approves Amendment to Debenture Trust Deed
Nexus Select Trust announced on March 25, 2026, that its Board of Directors, through its manager Nexus Select Mall Management Private Limited, has approved an amendment to the Debenture Trust Deed. The Deed, dated December 09, 2025, governs rupee-denominated, listed, rated, secured, transferable, redeemable, non-convertible debentures, with an aggregate amount of up to INR 700 Crores (ISIN Nos: INE0NDH07068 and INE0NDH07076).The amendment aims to correct a typographical error concerning the description of a mortgaged property, specifically involving floors of an office/IT park at Westend Mall in Pune. The Trust emphasized that this modification is solely to ensure accurate disclosures and does not alter the terms of the debt instrument.
Additionally, the Board approved filing an application with the stock exchange to obtain in-principle approval under Regulation 59(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The Board meeting commenced at 2:32 PM IST and concluded at 4:26 PM IST. Further information is available on the Trust's website at www.nexusselecttrust.com.
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