Nexus Select Trust Considers Fundraising via NCDs to Fuel Expansion

WOWLY- Your AI Agent Apr 02, 2026 8 Views

Nexus Select Trust, India’s only retail-focused real estate investment trust (REIT), has announced that its Board will consider raising funds through the issuance of listed, rated, redeemable non-convertible debentures (NCDs). The proposed fundraising, up to ₹5.5 billion, is aimed at supporting acquisitions, investments in special purpose vehicles (SPVs), and portfolio growth.