Nexus Select Trust has informed the Exchange regarding Credit rating Review on 29/07/2026

July 30, 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 (East), Dalal Street, Mumbai − 400001 Mumbai – 400051 Re: Script Symbol “NXST”, Scrip Code 543913 Scrip Code for CPs: 732000 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 Rating Particulars Size of the issue Ratings Agency (Crore) Crisil Ratings Limited Commercial Paper INR 500 Crisil A1+ (Reaffirmed) Crisil Ratings Limited Non-Convertible Debentures INR 1000 Crisil AAA/Stable (Reaffirmed) Crisil Ratings Limited Non-Convertible Debentures INR 700 Crisil AAA/Stable (Reaffirmed) Crisil Ratings Limited Non-Convertible Debentures INR 300 Crisil AAA/Stable (Reaffirmed) Crisil Ratings Limited Corporate Credit Rating - Crisil AAA/Stable (Reaffirmed) The assignment letter issued by Crisil Ratings Limited is 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 CONFIDENTIAL RL/NESETR/400549/NCD/0726/154508/151540161 July 29, 2026 Mr. Chirag Singhal Assistant General Manager Nexus Select Trust Embassy 247,Unit No. 501, B Wing LBS Marg, Vikhroli (West) Mumbai City - 400083 7045357624 Dear Mr. Chirag Singhal, Re: Review of Crisil Rating on the Rs.300 Crore Non Convertible Debentures of Nexus Select Trust All ratings assigned by Crisil Ratings are kept under continuous surveillance and review. Crisil Ratings has, after due consideration, reaffirmed its Crisil AAA/Stable (pronounced as Crisil triple A rating with Stable outlook) rating on the captioned debt instrument. Securities with this rating are considered to have the highest degree of safety regarding timely servicing of financial obligations. Such securities carry lowest credit risk. In the event of your company not making the issue within a period of 180 days from the above date, or in the event of any change in the size or structure of your proposed issue, a fresh letter of revalidation from Crisil Ratings will be necessary. As per our Rating Agreement, Crisil Ratings would disseminate the rating along with outlook through its publications and other media, and keep the rating along with outlook under surveillance for the life of the instrument. Crisil Ratings reserves the right to withdraw, or revise the rating / outlook assigned to the captioned instrument at any time, on the basis of new information, or unavailability of information, or other circumstances which Crisil Ratings believes may have an impact on the rating. Please visit www.crisilratings.com and search with the name of the rated entity to access the latest rating/s. As per SEBI circular (reference number: CIR/IMD/DF/17/2013; dated October 22, 2013) on centralized database for corporate bonds/debentures, you are required to provide international securities identification number (ISIN; along with the reference number and the date of the rating letter) of all bond/debenture issuances made against this rating letter to us. The circular also requires you to share this information with us within 2 days after the allotment of the ISIN. We request you to mail us all the necessary and relevant information at debtissue@crisil.com. This will enable Crisil Ratings to verify and confirm to the depositories, including NSDL and CDSL, the ISIN details of debt rated by us, as required by SEBI. Feel free to contact us at debtissue@crisil.com for any clarification you may need. Crisil Ratings’ products / activities or ratings of instruments other than ‘securities that are listed or proposed to be listed’ may fall under the purview of financial sector regulators (FSRs) other than SEBI. In respect of such products / activities or ratings (under the purview of other FSRs such as Reserve Bank of India (RBI), Ministry of Corporate Affairs (MCA), Insurance Regulatory and Development Authority of India (IRDAI), among others), the grievance / dispute redressal and investor protection mechanisms available under SEBI regulations shall not be applicable. A list of products/activities or ratings of instruments falling under the purview of various FSRs along with the names of respective FSRs has been duly disclosed by Crisil Ratings on its website. A link to the same has been provided below for ready reference: https://www.crisilratings.com/en/home/our-business/ratings/regulatory-disclosures/list-of-activities-instruments-and- names-of-regulators.html Should you require any clarification, please feel free to get in touch with us. With warm regards, Disclaimer: A rating by Crisil Ratings reflects Crisil Ratings’ current opinion on the likelihood of timely payment of the obligations under the rated instrument, and does not constitute an audit of the rated entity by Crisil Ratings. Our ratings are based on information provided by the issuer or obtained by Crisil Ratings from sources it considers reliable. Crisil Ratings does not guarantee the completeness or accuracy of the information on which the rating is based. A rating by Crisil Ratings is not a recommendation to buy / sell or hold the rated instrument; it does not comment on the market price or suitability for a particular investor. Crisil Ratings has a practice of keeping all its ratings under surveillance and ratings are revised as and when circumstances so warrant. Crisil Ratings is not responsible for any errors and especially states that it has no financial liability whatsoever to the subscribers / users / transmitters / distributors of its ratings. Crisil Ratings’ criteria are available without charge to the public on the web site, www.crisilratings.com. Crisil Ratings or its associates may have other commercial transactions with the company/entity. For the latest rating information on any instrument of any company rated by Crisil Ratings, please visit www.crisilratings.com or contact Customer Service Helpdesk at Crisilratingdesk@crisil.com or at 1800-267-3850 Yours sincerely, PRANAV SHANDIL Nivedita Shibu Associate Director - Crisil Ratings Director - Crisil Ratings Annexure: List of instruments and names of regulators of the instruments As required by SEBI CRA Circular dated Feb 10, 2026, a list of activities or instruments falling under the purview of various FSRs, along with the names of respective FSRs, is being disclosed below: A. Rating activities Sr. No. Instrument / activity Name Regulator of the instruments 1 Listed/Proposed to be listed bonds/debentures/preference share (all securities) SEBI 2 Unlisted/Proposed to be unlisted Bonds/Debentures/ Preference share (all securities) MCA 3 Listed PTCs / Securitisation Notes (originated by entities regulated by RBI)* SEBI 4 Listed PTCs / Securitisation Notes (originated by entities not regulated by RBI)* SEBI 5 Unlisted PTCs / Securitisation Notes (originated by entities regulated by RBI)* RBI 6 Listed Commercial Paper and NCDs with original maturity less than 1 year RBI 7 Unlisted Commercial Paper and NCDs with original maturity less than 1 year RBI 8 Loan Facilities (Fund/Non-Fund Based) from Bank/NBFCs/NHB/FIs ^ RBI 9 External Commercial Borrowings and other similar borrowings RBI 10 Certificates of Deposit RBI 11 Fixed Deposits raised by NBFC's, Banks, [Showing first 8,000 characters — download PDF for full document]