12-Oct-2026 12:08:11
NEXUS SELECT TRUSTGeneral news
NXST : TO RAISE RS 220 CR VIA NCD, TERM LOAN, CP
• Board approves raising up to ₹750 Cr via listed, rated, secured, redeemable NCDs • Approves term loan of ₹1080 Cr from State Bank of India (with OD sub-limit of ₹100 Cr) for refinancing existing/future indebtedness • Approves commercial paper issuance up to ₹220 Cr • CEO transition: Dalip Sehgal resigns as ED & CEO effective Dec 31, 2026; Siddharth Nawal appointed MD & CEO Designate, to become MD & CEO from Jan 1, 2027 • Nexus Select Trust is India's first publicly listed retail REIT with 19 urban consumption centres across 15 cities (~10.7 mn sq ft)
Nexus Select Trust
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