Nexus Select Trust has announced the exercise of its call option for the full redemption of ₹700 crore worth of Series I Tranche A Non-Convertible Debentures (NCDs). The decision was formally communicated through a notice issued on December 10, 2025, to BSE Limited, the debenture trustee, and all relevant debenture holders.
Debenture Redemption Details
The trust will redeem 70,000 NCDs on December 16, 2025, in accordance with the terms of the Debenture Trust Deed dated June 14, 2023, executed with Catalyst Trusteeship Limited.
| Parameter | Details |
| Total Debentures | 70,000 units |
| Aggregate Value | ₹700 crore |
| ISIN | INEONDH07019 |
| Scrip Code | 974908 |
| Redemption Date | December 16, 2025 |
Redemption Amount Structure
Each debenture will be redeemed at ₹1,01,658.14, comprising both principal and coupon payment.
| Component | Amount (₹) |
| Face Value | 1,00,000.00 |
| Coupon Payment | 1,658.14 |
| Total Redemption Amount | 1,01,658.14 |
Stakeholder Communication
Nexus Select Trust issued detailed notices to all involved entities, including:
- Catalyst Trusteeship Limited (Debenture Trustee)
- Aditya Birla Sun Life Trustee Private Limited
- DSP Low Duration Fund
- ICICI Prudential Short Term Fund
- HDFC Bank Ltd – Custody Operations
- Invesco India Schemes
- Axis Mutual Fund Schemes
- Mahindra Manulife Mutual Fund
- HDFC Life Insurance Company Ltd
- SBI Magnum Children’s Benefit Fund
The communication follows the earlier Call Option Notice-1 dated November 24, 2025, ensuring all holders were informed in advance as required under the debenture terms.
Regulatory Compliance
The redemption has been formally intimated to BSE Limited’s Corporate Relations Department, in line with applicable listing and regulatory requirements. The trust reiterated that all payments under the call option will be completed on December 16, 2025.
This corporate action highlights Nexus Select Trust’s proactive debt management approach and adherence to its financial obligations, executed through Nexus Select Mall Management Private Limited.
Disclaimer:
This article is intended solely for educational and informational purposes. The securities or companies mentioned are provided as examples and should not be considered as recommendations. Nothing contained herein constitutes personal financial advice or investment recommendations. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions.
Investments in securities markets are subject to market risks. Please read all related documents carefully before investing.