Nexus Select Trust has informed the Exchange regarding Credit rating Review on 08/10/2026

October 08, 2026 The Corporate Relations Department, The Corporate Relations Department, The Department of Corporate Services, National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, 5th Floor, Plot No. C/1, G- 25th Floor, Phiroze Jeejeebhoy Towers, Block, Bandra-Kurla Complex, Bandra Dalal Street, Mumbai − 400001 (East), Mumbai – 400051 Re: Script Symbol “NXST”, Scrip Code 543913 Scrip Code for CPs: 732675 and 732676. Scrip Code for NCDs: 974909, 976118, 976119, 976657, 977372 and 977376 Dear Sir/ Madam, Subject: Disclosure of Credit Rating obtained by Nexus Select Trust. Pursuant to the provisions of Regulation 23(5) of the SEBI (Real Estate Investment Trusts) Regulations, 2014 read with SEBI Master Circular no. SEBI/HO/DDHS-PoD-2/P/CIR/2025/99 dated July 11, 2025, and Regulation 51(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the following credit rating have been received: Name of Credit Particulars Size of the Ratings Rating Agency issue (Crore) ICRA Limited Issuer Rating - AAA (Stable) (Reaffirmed) ICRA Limited Proposed Non-Convertible INR 750 AAA (Stable) (Assigned) Debentures ICRA Limited Non-Convertible Debentures INR 700 AAA (Stable) (Reaffirmed) ICRA Limited Non-Convertible Debentures INR 1200 AAA (Stable) (Reaffirmed) ICRA Limited Non-Convertible Debentures INR 350 AAA (Stable) (Reaffirmed) ICRA Limited Non-Convertible Debentures INR 300 AAA (Stable) (Reaffirmed) The assignment letters issued by ICRA Limited are enclosed herewith. Thanking you, For and on behalf of Nexus Select Trust acting through its Manager, Nexus Select Mall Management Private Limited Vijay Kumar Gupta General Counsel, CS & Compliance Officer Membership No. A14545 Encl: As above ICRA Limited ICRA/Nexus Select Trust/08102026/2 Date: October 08, 2026 Mr. Rajesh Deo Chief Finance Officer Nexus Select Trust Embassy 247, Unit no. 501, B Wing, LBS Marg, Vikhroli, Mumbai - 400079 Dear Sir, Re: ICRA's Credit Rating for below mentioned Instruments of Nexus Select Trust As per the Rating Agreement/Statement of Work executed with ICRA Limited, ICRA’s Rating Committee has taken the following rating actions for the mentioned instruments of your company. Instrument Rated Amount (Rs. Crore) Rating Action[1] Issuer Rating - [ICRA]AAA(Stable); Reaffirmed Total - The aforesaid rating(s) will become due for surveillance within one year from the date of rating communication letter. However, ICRA reserves the right to review and/or, revise the above rating(s) at any time based on new information becoming available, or the required information not being available, or other circumstances that ICRA believes could have an impact on the rating(s). Therefore, request the lenders and investors to visit ICRA website at www.icra.in for latest rating(s) of the company. The rating(s) are specific to the terms and conditions of the instruments as indicated to us by you, and any change in the terms or size of the same would require a review of the rating(s) by us. In case there is any change in the terms and conditions or the size of the rated instrument, the same must be brought to our notice before the instrument is used by you. In the event such changes occur after the rating(s) have been assigned by us and their use has been confirmed by you, the rating(s) would be subject to our review, following which there could be a change in the rating(s) previously assigned. Notwithstanding the foregoing, any change in the over-all limit of the instrument from that specified in this letter, would constitute an enhancement that would not be covered by or under the said Rating Agreement. The rating(s) assigned must be understood solely as an opinion and should not be treated, or cause to be treated, as recommendation to buy, sell, or hold the rated instrument availed/issued by your company. [1]Complete definitions of the ratings assigned are available at www.icra.in. Sensitivity Label : Restricted You are also requested to forthwith inform us about any default or delay in repayment of interest or principal amount of the instrument rated, as above, or any other debt instruments/ borrowing and keep us informed of any other developments which may have a direct or indirect impact on the debt servicing capability of the company including any proposal for re-schedulement or postponement of the repayment programmes of the dues/ debts of the company with any lender(s) / investor(s), or occurrence of any significant development that could impact the ability of the company to raise funds such as restriction imposed by any authority from raising funds through issuance of debt securities through electronic bidding system. Further, you are requested to inform us immediately as and when the borrowing limit for the instrument rated, as above, or as prescribed by the regulatory authority(ies) is exceeded. We look forward to your communication and assure you of our best services. With kind regards Yours sincerely For ICRA Limited Suprio Banerjee Vice President and Co-Group Head supriob@icraindia.com Sensitivity Label : Restricted ICRA Limited ICRA/Nexus Select Trust/08102026/1 Date: October 08, 2026 Mr. Rajesh Deo Chief Finance Officer Nexus Select Trust Embassy 247, Unit no. 501, B Wing, LBS Marg, Vikhroli, Mumbai - 400079 Dear Sir, Re: ICRA's Credit Rating for below mentioned Instruments of Nexus Select Trust As per the Rating Agreement/Statement of Work executed with ICRA Limited, ICRA’s Rating Committee has taken the following rating actions for the mentioned instruments of your company. Instrument Current Rated Amount Rating Action1 Financial Sector (Rs. crore) Regulator# Non-Convertible Debentures 750.00 [ICRA]AAA(Stable); Assigned SEBI Non-Convertible Debentures 700.00 [ICRA]AAA(Stable); Reaffirmed SEBI Non-Convertible Debentures 1,200.00 [ICRA]AAA(Stable); Reaffirmed SEBI Non-Convertible Debentures 350.00 [ICRA]AAA(Stable); Reaffirmed SEBI Non-Convertible Debentures 300.00 [ICRA]AAA(Stable); Reaffirmed SEBI Total 3300.00 #SEBI’s grievance redressal/dispute resolution and SEBI investor protection mechanisms such as SCORES and ODR shall not be available for activities and instruments which fall under the regulatory purview of Financial Sector Regulators other than SEBI. Once the instrument is issued, the rating is valid throughout the life of the captioned programme until withdrawn. However, ICRA reserves the right to review and/or, revise the above rating(s) at any time based on new information becoming available, or the required information not being available, or other circumstances that ICRA believes could have an impact on the rating(s). Therefore, request the lenders and investors to visit ICRA website at www.icra.in for latest rating(s) of the company. The rating(s) are specific to the terms and conditions of the instruments as indicated to us by you, and any change in the terms or size of the same would require a review of the rating(s) by us. In case there is any change in the terms and conditions or the size of the rated instrument, the same must be brought to our notice before the instrument is used by you. In the event such changes occur after the rating(s) have been assigned by us and their use has been confirmed by you, the rating(s) would be subject to our review, following which there could be a change in the rating(s) previously assigned. Notwithstanding the foregoing, any change in the over-all limit of the instrument from that specified in this letter, would constitute an enhancement that would not be covered by or under the said Rating Agreement. The rating(s) assigned must be understood solely as an opinion and should not be treated, or cause to be treated, as recommendation to buy, sell, or hold the rated [Instrument] availed/issued by your company. [1]Complete definitions of the ratings assigned are available at www.icra.in. 1 Complete definitions of the ratings assigned are availa [Showing first 8,000 characters — download PDF for full document]