Shareholding5 Jun 2026, 04:41 pm
Nexus Select Trust: Sponsor Group Pledges 15.05% Units
AI Summary
Nexus Select Trust has disclosed the creation of a pledge over 228,005,666 units, representing 15.05% of its total outstanding units. This pledge was executed by sponsor group entities, including BREP Asia SG Forum Holding (NQ) Pte. Ltd., Wynford Investments Limited, SSIII Indian Investments One Ltd., and BRE Coimbatore Retail Holdings Ltd, in favor of Deutsche Bank AG as the onshore security agent. The pledge serves as security for a credit facility availed by NXST ML (NQ) Limited.
Key Highlights
- Sponsor group entities pledged 15.05% of Nexus Select Trust units.
- Pledge involves 228,005,666 units in favor of Deutsche Bank AG.
- Security is for a credit facility availed by NXST ML (NQ) Limited.
- Disclosure made as per SEBI (Prohibition of Insider Trading) Regulations.
Price Impact
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