Nexus Select Trust Raises ₹100 Cr Via Commercial Papers

Nexus Select Trust, through its Manager Nexus Select Mall Management Private Limited, has approved the allotment of 2,000 listed, rated, redeemable, rupee-denominated commercial papers. The aggregate principal amount raised is INR 100 Crores (₹10,000 Lakhs), with a face value of INR 5,00,000/- each. These commercial papers have a tenure of 76 days from the allotment date of November 06, 2026, and are set to mature on January 21, 2027. The issuance is on a private placement basis at a discount rate of 7.85%. The commercial papers are proposed to be listed on the wholesale debt market segment of BSE Limited.