Shareholding8 Sept 2026, 06:50 pm
Nexus Select Trust: 12M Units Released from Pledge
AI Summary
Nexus Select Trust has announced the release of 12,000,000 units from a pledge. This disclosure is in compliance with SEBI's Master Circular regarding encumbrance on REIT units. The pledge was originally created on June 3, 2026, by several Sponsor Group entities, including BREP Asia SG Forum Holding (NQ) Pte. Ltd., in favor of Deutsche Bank AG as the onshore security agent. The pledge secured obligations related to a credit facility availed by NXST ML (NQ) Limited. The release of these units is effective from September 4, 2026.
Key Highlights
- 12,000,000 Nexus Select Trust units released from pledge.
- Disclosure made as per SEBI Master Circular on REIT unit encumbrance.
- Pledge was originally created on June 3, 2026, for credit facility obligations.
- BREP Asia SG Forum Holding (NQ) Pte. Ltd. is among the entities involved.
- Release effective from September 4, 2026.
Price Impact
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