Board Meeting5 Oct 2026, 06:10 pm
Nexus Select Trust Plans ₹2,050 Cr Fund Raise
AI Summary
Nexus Select Trust announced that its Board of Directors will meet on October 12, 2026, to consider and approve raising up to INR 2,050 Crores. The funds will be raised through a combination of listed, rated, redeemable, non-convertible debentures, term loans, or other permissible debt instruments like commercial papers. This move aims to support the Trust's and its Special Purpose Vehicles' (SPVs) financing needs.
Key Highlights
- Board meeting scheduled for October 12, 2026.
- Proposed fund raise of up to INR 2,050 Crores.
- Fund raising via NCDs, term loans, or commercial papers.
- Objective is to support Trust and SPV financing needs.
Price Impact
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