Nexus Select Trust Unitholders' Fourth Annual Meeting Scheduled for July 29, Focus on Financial and Valuer Appointments

Nexus Select Trust Unitholders' Fourth Annual Meeting Scheduled for July 29, Focus on Financial and Valuer Appointments​

Nexus Select Trust has announced the details for its Fourth Annual Meeting (AM) of Unitholders, scheduled for Wednesday, July 29, 2026. The meeting will be held virtually via Video Conferencing (VC)/other audio-visual means, with the principal place of business—Embassy 247 in Vikhroli West, Mumbai—deemed as the venue.

The AM agenda includes key decisions regarding the Trust's performance and operational future, specifically focusing on the approval of financial statements and the appointment of industry assessment services providers for upcoming fiscal years.

Key Resolutions to be Approved​

The Unitholders are requested to consider and approve several items, with resolutions concerning the financial health and asset valuation standing out:

1. Financial Statements: The Trust will seek approval for the Audited Standalone and Consolidated Financial Statements as at and for the financial year ended March 31, 2026, along with the Report of the Auditors and the Annual Report on performance of Nexus Select Trust.
2. Valuation Report Approval: Unitholders must approve the Valuation Report issued by iVAS Partners, represented by Mr. Arvindkumar C, Partner, Independent Valuer to the Nexus Select Trust for the valuation of assets as at March 31, 2026. This report was prepared with value assessment services provided by CBRE South Asia Private Limited.

Appointment and Commercial Terms​

A significant part of the agenda involves the consent required from Unitholders for the appointment of new professionals for two consecutive financial years (FY 2026-27 and FY 2027-28).

The proposed appointments include Ms. Lopamudra Bidwata Panda, registered valuer, and M/s Savills Property Services (India) Private Limited to provide industry assessment services to the Trust and its Special Purpose Vehicles (SPVs)/Investment Entity.

The financial terms for these appointments are set as follows:


The proposal for the appointment was approved by the Board of Directors in consultation with the Trustee following a prior recommendation from the Audit Committee.

E-voting Timeline and Process​

Investors are provided with clear timelines regarding remote e-voting for all items on the agenda. The critical dates for Unitholders are:

• Cut-off Date: Wednesday, July 22, 2026
• E-voting Commencement: Saturday, July 25, 2026 at 09:00 A.M. (IST)
• E-voting End Date: Tuesday, July 28, 2026 at 05:00 P.M. (IST)

The AM itself is scheduled for Wednesday, July 29, 2026, at 02:00 P.M. IST. The meeting will be conducted via VC/OAVM and includes an integrated e-voting facility available during the session for Unitholders who have not voted remotely beforehand.

The Trust provided a detailed mechanism for remote e-voting, advising Unitholders to utilize the KFin platform using their respective depository login credentials.

NXST Stock Price Movement​

Nexus Select Trust shares saw a dip in post-market trading today, settling at ₹163.00 after shedding 0.81%. The stock's performance follows a period where it had achieved a 52-week high of ₹168.35, with significant volume recorded totaling 691,673 shares.