Financial Results - REITs or InvITs



General information about REITs or InvITs

Scrip Code 543913
NSE Symbol NXST
MSEI Symbol NOTLISTED
ISIN INE0NDH25011
Name of Entity Nexus Select Trust
Class of security - REITs or INVITs REITs
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 04-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 27-10-2025
Description of presentation currency INR
Level of rounding Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 04-11-2025   14:15:00
End date and time of board meeting 04-11-2025   15:48:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
NDCF applicability SPVs & Trust
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
(a) Revenue from operations 63,088.80 1,24,447.10
(b) Other income
1 Gain on sale of financial assets classified at FVTPL 915.70 1,959.50
2 Net gain on fair value changes 543.30 1,398.50
3 Interest income on assets carried at amortised cost- bank Deposits 71.60 157.30
4 Interest income on assets carried at amortised cost- Security Deposits 37.60 128.40
5 Interest income on assets carried at amortised cost-inter corporate deposits to related parties 169.00 345.20
6 Other Interest income on- tax refund 155.50 285.10
7 Other Interest income on- others 20.80 20.80
8 Liabilities written back 0.00 3.50
9 Sale of Scrap 2.50 28.10
10 Miscellaneous income 2.60 23.30
Total other income 1,918.60 4,349.70
Total income 65,007.40 1,28,796.80
2 Expenses
(a) Cost of materials consumed 577.50 1,021.20
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 2,843.90 5,566.50
(e) Finance costs 11,570.60 22,820.90
(f) Depreciation, depletion and amortisation expense 16,166.20 31,641.90
(g) Other Expenses
1 Operating and maintenance expenses 11,170.20 21,575.60
2 Legal and professional fees 685.50 1,478.00
3 Payment to auditors 122.20 234.10
4 Property tax 1,178.60 2,289.70
5 Rates and taxes 179.20 361.30
6 Insurance 132.30 259.90
7 Marketing and promotional 2,185.60 4,458.90
8 Brokerage and commission 37.80 69.70
9 Valuation Fees 4.20 18.70
10 Trustee fees 11.20 22.50
11 Office expenses 343.90 629.20
12 Corporate social responsibility 122.30 173.50
13 Travelling and conveyance 69.60 145.50
14 Rent expenses - short term lease 31.40 63.00
15 Allowance for expected credit loss 2.40 60.00
16 Bad debts / Advances written off 172.50 241.30
17 Loss on sale / discard of PPE and investment property 10.70 15.00
18 Provision for GST recoverable 101.70 177.00
19 Compensation paid to tenants 0.00 9.90
20 Operating expenses (Landowner's share) 233.80 516.70
21 Foreign exchange fluctuation loss/(gain) 2.40 2.70
22 Miscellaneous expenses 33.60 94.10
23 Share of net profit of investment accounted for using equity method (201.20) (395.20)
Total other expenses 16,629.90 32,501.10
Total expenses 47,788.10 93,551.60
3 Total profit/(loss) before exceptional items and tax 17,219.30 35,245.20
4 Exceptional items 0.00 0.00
5 Total profit/(loss) before tax 17,219.30 35,245.20
6 Tax expense
7 Current tax 3,034.20 6,289.40
8 Deferred tax 953.00 3,765.50
9 Total tax expenses 3,987.20 10,054.90
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 13,232.10 25,190.30
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 13,232.10 25,190.30
17 Other comprehensive income net of taxes 0.00 0.00
18 Total Comprehensive Income for the period 13,232.10 25,190.30
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 0.00 0.00
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 0.00 0.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
21 Details of unit capital
Paid-up unit capital 15,09,502.10 15,09,502.10
22 Earnings per unit
i Earnings per unit capital for continuing operations
Basic earnings (loss) per unit from continuing operations 0.87 1.66
Diluted earnings (loss) per unit from continuing operations 0.87 1.66
ii Earnings per unit capital for discontinued operations
Basic earnings (loss) per unit from discontinued operations 0 0
Diluted earnings (loss) per unit from discontinued operations 0 0
iii Earnings per unit capital (for continuing and discontinued operations)
Basic earnings (loss) per unit from continuing and discontinued operations 0.87 1.66
Diluted earnings (loss) per unit from continuing and discontinued operations 0.87 1.66
23 Disclosure of notes on financial results Textual Information(1) Textual Information(2)


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 88,785.30
Capital work-in-progress 72.20
Investment property 14,78,410.10
Goodwill 0.00
Other intangible assets 2,92,023.50
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 21,684.20
Non-current financial assets
Non-current investments 0.00
Trade receivables, non-current 0.00
Loans, non-current 5,875.00
Other non-current financial assets 7,374.90
Total non-current financial assets 13,249.90
Deferred tax assets (net) 33,076.20
Other non-current assets 11,455.60
Total non-current assets 19,38,757.00
2 Current assets
Inventories 300.20
Current financial asset
Current investments 1,12,721.60
Trade receivables, current 5,351.20
Cash and cash equivalents 1,647.70
Bank balance other than cash and cash equivalents 413.10
Loans, current 2,000.00
Other current financial assets 4,087.80
Total current financial assets 1,26,221.40
Current tax assets (net) 0.00
Other current assets 5,183.00
Total current assets 1,31,704.60
3 Non-current assets classified as held for sale 0.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 20,70,461.60
Unit Capital and liabilities
1 Unit Capital
Unit Capital attributable to owners of parent
Unit capital 14,73,177.10
Other equity (98,205.00)
Total equity attributable to owners of parent 13,74,972.10
Non controlling interest 0.00
Total Unit Capital 13,74,972.10
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 4,78,820.60
Lease liabilities, non-current 449.10
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities 9,016.30
Total non-current financial liabilities 4,88,286.00
Provisions, non-current 807.30
Deferred tax liabilities (net) 3,331.10
Deferred government grants, Non-current 0.00
Other non-current liabilities 671.60
Total non-current liabilities 4,93,096.00
Current liabilities
Current financial liabilities
Borrowings, current 1,04,622.90
Lease liabilities, current 196.10
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 1,099.30
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 8,955.20
Total Trade payable 10,054.50
Other current financial liabilities 79,535.50
Total current financial liabilities 1,94,409.00
Other current liabilities 6,604.00
Provisions, current 1,059.30
Current tax liabilities (Net) 321.20
Deferred government grants, Current 0.00
Total current liabilities 2,02,393.50
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 6,95,489.50
Total equity and Liabilities 20,70,461.60
Disclosure of notes on assets and liabilities Textual Information(1)



Text Block

Textual Information(1) Distribution - Repayment of capital which is a separate line on the face of balance sheet has been net off in the Unit capital line item here”



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2025 01-04-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 mall 55,701.40 1,10,371.60
2 office 3,282.60 6,443.20
3 Hospitality 4,111.50 7,718.40
4 others 393.60 882.70
Total Segment Revenue 63,489.10 1,25,415.90
Less: Inter segment revenue 400.30 968.80
Revenue from operations 63,088.80 1,24,447.10
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 mall 42,491.30 84,260.30
2 office 2,473.50 4,802.10
3 Hospitality 1,569.90 3,162.60
4 others 216.70 546.60
Total Profit before tax 46,751.40 92,771.60
i. Finance cost 11,570.60 22,820.90
ii. Other Unallocable Expenditure net off Unallocable income 17,961.50 34,705.50
Profit before tax 17,219.30 35,245.20
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 mall 0.00 0.00
2 office 0.00 0.00
3 Hospitality 0.00 0.00
4 others 0.00 0.00
Total Segment Asset 0.00 0.00
Un-allocable Assets 0.00 0.00
Net Segment Asset 0.00 0.00
4 Segment Liabilities
Segment Liabilities
1 mall 0.00 0.00
2 office 0.00 0.00
3 Hospitality 0.00 0.00
4 others 0.00 0.00
Total Segment Liabilities 0.00 0.00
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 0.00 0.00
Disclosure of notes on segments Textual Information(1) Textual Information(2)


Text Block

Textual Information(1) “Nexus Select Trust operates within India and does not have operations in economic environments with different risks and returns. Hence, it is considered operating in single geographical segment. Further, the information relating to segment assets and segment liabilities are not regularly provided to CODM for review and hence the same is not disclosed in financial statements.


Text Block

Textual Information(2) “Nexus Select Trust operates within India and does not have operations in economic environments with different risks and returns. Hence, it is considered operating in single geographical segment. Further, the information relating to segment assets and segment liabilities are not regularly provided to CODM for review and hence the same is not disclosed in financial statements.



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss 0.00 0.00
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 0.00 0.00
Disclosure of notes on other comprehensive income Text Block(1) Text Block(2)


Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Part I
1 Statement of cash flows
Cash flows from used in operating activities
Profit before tax 35,245.20
2 Adjustments for reconcile profit (loss)
Adjustments for finance costs 22,820.90
Adjustments for decrease (increase) in inventories 27.80
Adjustments for decrease (increase) in trade receivables, current (1.20)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (1,732.30)
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 637.30
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 1,963.70
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 1,728.60
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 31,641.90
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 166.20
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 1,748.50
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 936.80
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items (4,497.80)
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 53,566.80
Net cash flows from (used in) operations 88,812.00
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 7,644.20
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 81,167.80
3 Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 50,035.60
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 0.00
Purchase of property, plant and equipment 4,608.90
Proceeds from sales of investment property 2,016.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 825.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 104.10
Interest received 391.80
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 6,213.30
Net cash flows from (used in) investing activities (45,094.30)
4 Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing unit 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares/units 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 55,051.60
Repayments of borrowings 4,712.20
Payments of lease liabilities 98.50
Dividends paid 64,083.40
Interest paid 22,513.70
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (36,356.20)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (282.70)
5 Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (282.70)
Cash and cash equivalents cash flow statement at beginning of period 1,930.40
Cash and cash equivalents cash flow statement at end of period 1,647.70



Other inflows (outflows) of cash(operating activities)


Other inflows (outflows) of cash(Investing Activities)


Other inflows (outflows) of cash (Financing Activities)


Disclosure of notes on cash flow statement, indirect


Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A Name of Project CSJ Infrastructure Private Limited
B Date of start of reporting period 01-07-2025
C Date of end of reporting period 30-09-2025
Sr. Particulars Amount
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV 7,872.40
1 Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
1 Distribution from surplus cash reserves 0.00
f Sum of other Cash flows not included above
Details of other Cash flows not included above
Distribution from surplus cash reserves
Total (1) 0.00
2 Add: Treasury income / income from investing activities
a Interest income received from FD 0.00
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 0.00
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 20.60
Details of other income not included above
Total (2) 20.60
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 1,116.60
6 Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 0.00
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 0.00
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 0.00
Net Distributable Cash Flow for HoldCo/SPV ' s 6,776.40
Notes:


Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A Name of Project Vijaya Productions Private Limited
B Date of start of reporting period 01-07-2025
C Date of end of reporting period 30-09-2025
Sr. Particulars Amount
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV 4,317.60
1 Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
1 Distribution from surplus cash reserves 321.20
f Sum of other Cash flows not included above
Details of other Cash flows not included above
Distribution from surplus cash reserves
Total (1) 321.20
2 Add: Treasury income / income from investing activities
a Interest income received from FD 0.00
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 0.00
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 189.00
Details of other income not included above
Total (2) 189.00
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 0.70
6 Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt (36.90)
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) (36.90)
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 0.00
Net Distributable Cash Flow for HoldCo/SPV ' s 4,864.00
Notes:


Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A Name of Project Chitrali Properties Private Limited
B Date of start of reporting period 01-07-2025
C Date of end of reporting period 30-09-2025
Sr. Particulars Amount
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV 2,104.10
1 Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
1 Distribution from surplus cash reserves 79.00
f Sum of other Cash flows not included above
Details of other Cash flows not included above
Distribution from surplus cash reserves
Total (1) 79.00
2 Add: Treasury income / income from investing activities
a Interest income received from FD 0.00
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 0.00
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 45.70
Details of other income not included above
Total (2) 45.70
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 0.30
6 Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 0.00
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 0.00
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 0.00
Net Distributable Cash Flow for HoldCo/SPV ' s 2,228.50
Notes:


Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A Name of Project Safari Retreats Private Limited
B Date of start of reporting period 01-07-2025
C Date of end of reporting period 30-09-2025
Sr. Particulars Amount
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV 1,283.20
1 Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
1 Distribution from surplus cash reserves 62.70
f Sum of other Cash flows not included above
Details of other Cash flows not included above
Distribution from surplus cash reserves
Total (1) 62.70
2 Add: Treasury income / income from investing activities
a Interest income received from FD 0.00
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 0.00
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 25.60
Details of other income not included above
Total (2) 25.60
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 0.00
6 Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 0.00
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 0.00
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 0.00
Net Distributable Cash Flow for HoldCo/SPV ' s 1,371.50
Notes:


Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A Name of Project Nexus Shantiniketan Retail Private Limited
B Date of start of reporting period 01-07-2025
C Date of end of reporting period 30-09-2025
Sr. Particulars Amount
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV 1,558.80
1 Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
1 Distribution from surplus cash reserves 0.00
f Sum of other Cash flows not included above
Details of other Cash flows not included above
Distribution from surplus cash reserves
Total (1) 0.00
2 Add: Treasury income / income from investing activities
a Interest income received from FD 0.00
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 0.00
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 12.80
Details of other income not included above
Total (2) 12.80
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 0.00
6 Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 0.00
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 0.00
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 0.00
Net Distributable Cash Flow for HoldCo/SPV ' s 1,571.60
Notes:


Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A Name of Project Nexusmalls Whitefield Private Limited
B Date of start of reporting period 01-07-2025
C Date of end of reporting period 30-09-2025
Sr. Particulars Amount
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV 1,412.50
1 Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
1 Distribution from surplus cash reserves 0.00
f Sum of other Cash flows not included above
Details of other Cash flows not included above
Distribution from surplus cash reserves
Total (1) 0.00
2 Add: Treasury income / income from investing activities
a Interest income received from FD 0.00
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 0.00
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 27.40
Details of other income not included above
Total (2) 27.40
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 0.20
6 Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 0.00
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 0.00
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 40.40
Net Distributable Cash Flow for HoldCo/SPV ' s 1,399.30
Notes:


Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A Name of Project Nexus Mangalore Retail Private Limited
B Date of start of reporting period 01-07-2025
C Date of end of reporting period 30-09-2025
Sr. Particulars Amount
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV 834.20
1 Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
1 Distribution from surplus cash reserves 8.40
f Sum of other Cash flows not included above
Details of other Cash flows not included above
Distribution from surplus cash reserves
Total (1) 8.40
2 Add: Treasury income / income from investing activities
a Interest income received from FD 0.00
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 0.00
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 1.50
Details of other income not included above
Total (2) 1.50
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 0.10
6 Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 0.00
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 0.00
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 0.00
Net Distributable Cash Flow for HoldCo/SPV ' s 844.00
Notes:


Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A Name of Project Nexus Udaipur Retail Private Limited
B Date of start of reporting period 01-07-2025
C Date of end of reporting period 30-09-2025
Sr. Particulars Amount
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV 535.10
1 Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
1 Distribution from surplus cash reserves 0.70
f Sum of other Cash flows not included above
Details of other Cash flows not included above
Distribution from surplus cash reserves
Total (1) 0.70
2 Add: Treasury income / income from investing activities
a Interest income received from FD 0.00
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 0.00
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 3.00
Details of other income not included above
Total (2) 3.00
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 0.20
6 Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 0.00
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 0.00
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 0.00
Net Distributable Cash Flow for HoldCo/SPV ' s 538.60
Notes:


Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A Name of Project Nexus Mysore Retail Private Limited
B Date of start of reporting period 01-07-2025
C Date of end of reporting period 30-09-2025
Sr. Particulars Amount
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV 611.10
1 Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
1 Distribution from surplus cash reserves 9.10
f Sum of other Cash flows not included above
Details of other Cash flows not included above
Distribution from surplus cash reserves
Total (1) 9.10
2 Add: Treasury income / income from investing activities
a Interest income received from FD 0.00
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 0.00
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 23.70
Details of other income not included above
Total (2) 23.70
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 0.00
6 Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 0.00
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 0.00
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 0.00
Net Distributable Cash Flow for HoldCo/SPV ' s 643.90
Notes:


Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A Name of Project Naman Mall Management Company Private Limited
B Date of start of reporting period 01-07-2025
C Date of end of reporting period 30-09-2025
Sr. Particulars Amount
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV 310.90
1 Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
1 Distribution from surplus cash reserves 0.00
f Sum of other Cash flows not included above
Details of other Cash flows not included above
Distribution from surplus cash reserves
Total (1) 0.00
2 Add: Treasury income / income from investing activities
a Interest income received from FD 0.00
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 0.00
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 0.60
Details of other income not included above
Total (2) 0.60
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 0.00
6 Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 0.00
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 0.00
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 5.90
Net Distributable Cash Flow for HoldCo/SPV ' s 305.60
Notes:


Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A Name of Project Daksha Infrastructure Private Limited
B Date of start of reporting period 01-07-2025
C Date of end of reporting period 30-09-2025
Sr. Particulars Amount
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV 1,076.10
1 Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
1 Distribution from surplus cash reserves 598.70
f Sum of other Cash flows not included above
Details of other Cash flows not included above
Distribution from surplus cash reserves
Total (1) 598.70
2 Add: Treasury income / income from investing activities
a Interest income received from FD 0.00
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 0.00
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 188.60
Details of other income not included above
Total (2) 188.60
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 0.00
6 Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 0.00
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 0.00
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 0.00
Net Distributable Cash Flow for HoldCo/SPV ' s 1,863.40
Notes:


Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A Name of Project Select Infrastructure Private Limited
B Date of start of reporting period 01-07-2025
C Date of end of reporting period 30-09-2025
Sr. Particulars Amount
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV 11,246.20
1 Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
1 Distribution from surplus cash reserves 83.50
f Sum of other Cash flows not included above
Details of other Cash flows not included above
Distribution from surplus cash reserves
Total (1) 83.50
2 Add: Treasury income / income from investing activities
a Interest income received from FD 0.00
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 0.00
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 102.70
Details of other income not included above
Total (2) 102.70
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 1,685.30
6 Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 0.00
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 0.00
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 0.00
Net Distributable Cash Flow for HoldCo/SPV ' s 9,747.10
Notes:


Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A Name of Project Nexus Hyderabad Retail Private Limited
B Date of start of reporting period 01-07-2025
C Date of end of reporting period 30-09-2025
Sr. Particulars Amount
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV 4,519.20
1 Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
1 Distribution from surplus cash reserves 0.00
f Sum of other Cash flows not included above
Details of other Cash flows not included above
Distribution from surplus cash reserves
Total (1) 0.00
2 Add: Treasury income / income from investing activities
a Interest income received from FD 0.00
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 0.00
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 165.40
Details of other income not included above
Total (2) 165.40
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 4.30
6 Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 99.70
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 99.70
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 6.60
Net Distributable Cash Flow for HoldCo/SPV ' s 4,574.00
Notes:


Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A Name of Project Euthoria Developers Private Limited
B Date of start of reporting period 01-07-2025
C Date of end of reporting period 30-09-2025
Sr. Particulars Amount
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV 4,328.50
1 Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
1 Distribution from surplus cash reserves 0.40
f Sum of other Cash flows not included above
Details of other Cash flows not included above
Distribution from surplus cash reserves
Total (1) 0.40
2 Add: Treasury income / income from investing activities
a Interest income received from FD 0.00
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 0.00
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 4.90
Details of other income not included above
Total (2) 4.90
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 244.80
6 Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 0.00
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 0.00
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 0.00
Net Distributable Cash Flow for HoldCo/SPV ' s 4,089.00
Notes:


Statement of Net Distributable Cash Flows (NDCF) - SPVs

Amount in (Lakhs)

A Name of Project Mamadapur Solar Private Limited
B Date of start of reporting period 01-07-2025
C Date of end of reporting period 30-09-2025
Sr. Particulars Amount
Cash flow from operating activities as per Cash Flow Statement of HoldCo/ SPV 191.80
1 Add: Cash Flows received from SPV's which represent distributions of NDCF computed as per relevant framework
1 Distribution from surplus cash reserves 83.90
f Sum of other Cash flows not included above
Details of other Cash flows not included above
Distribution from surplus cash reserves
Total (1) 83.90
2 Add: Treasury income / income from investing activities
a Interest income received from FD 0.00
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 0.00
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 1.20
Details of other income not included above
Total (2) 1.20
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 0.00
6 Less: Debt repayment (to include principal repayments as per scheduled EMI�s except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 0.00
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 0.00
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 0.00
Net Distributable Cash Flow for HoldCo/SPV ' s 276.90
Notes:


Statement of Net Distributable Cash Flows (NDCF) - Trust

Amount in (Lakhs)

A Name of Project Nexus Select Trust
B Date of start of reporting period 01-07-2025
C Date of end of reporting period 30-09-2025
Sr. Particulars Amount
Cashflows from operating activities of the Trust (469.40)
1 Add: Cash Flows received from SPV's / Investment entities which represent distributions of NDCF computed as per relevant framework
1 Distribution from surplus cash reserves 1,247.70
f Sum of other Cash flows not included above 40,361.30
Details of other Cash flows not included above
Total (1) 41,609.00
2 Add: Treasury income / income from investing activities of the Trust
a Interest income received from FD 0.00
b Tax refund 0.00
c Any other income in the nature of interest 0.00
d Profit on sale of Mutual funds 0.00
e Profit on sale of Investments 0.00
f Profit on sale of Assets 0.00
g Dividend Income 0.00
h Sum of other income not included above 124.20
Details of other income not included above
Total (2) 124.20
3 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or shares of SPVs or Investment Entity adjusted for the following:
a Applicable capital gains and other taxes 0.00
b Related debts settled or due to be settled from sale proceeds 0.00
c Directly attributable transaction costs 0.00
d Proceeds reinvested or planned to be reinvested as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/ InvIT Regulations 0.00
e Sum of other sale proceeds not included above 0.00
Details of other sale proceeds not included above
Total (3) 0.00
4 Add: Proceeds from sale of real estate/ infrastructure investments, real estate/ infrastructure assets or sale of shares of SPVs or Investment Entity not distributed pursuant to an earlier plan to reinvest as per Regulation 18(16)(d) of REIT Regulations/ Regulation 18(7) of InvIT Regulations or any other relevant provisions of the REIT/InvIT Regulations, if such proceeds are not intended to be invested subsequently 0.00
5 Less: Finance cost on Borrowings, excluding amortisation of any transaction costs as per Profit and Loss Account and any shareholder debt / loan from Trust 7,934.30
6 Less: Debt repayment (to include principal repayments as per scheduled EMI's except if refinanced through new debt including overdraft facilities and to exclude any debt repayments / debt refinanced through new debt, in any form or equity raise as well as repayment of any shareholder debt / loan from Trust) 0.00
7 Less: Any reserve required to be created under the terms of, or pursuant to the obligations arising in accordance with:
a Loan agreement entered with banks/ financial institution from whom the Trust or any of its SPVs/ HoldCos have availed debt 0.00
b Terms and conditions, covenants or any other stipulations applicable to debt securities issued by the Trust or any of its SPVs/ HoldCos 0.00
c Terms and conditions, covenants or any other stipulations applicable to external commercial borrowings availed by the Trust or any of its SPVs/ HoldCos 0.00
d Agreement pursuant to which the he SPV/ HoldCo/ Trust operates or owns the real estate/ infrastructure asset, or generates revenue or cashflows from such asset 0.00
e Statutory, judicial, regulatory, or governmental stipulations 0.00
f Agreement entered for PPP projects 0.00
g Agreement entered for non-PPP projects 0.00
Total (7) 0.00
8 Less: any capital expenditure on existing assets owned / leased by the SPV or Holdco, to the extent not funded by debt / equity or from reserves created in the earlier years 0.00
Net Distributable Cash Flow at Trust level 33,329.50
Notes:


Statement of Net Assets at Fair Value (NAV)

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Sr. Particulars Book Value Fair Value
A Total Assets 20,70,461.60 31,09,653.50
B Total Liabilities 6,95,489.50 6,95,489.50
C Net Assets (A - B) 13,74,972.10 24,14,164.00
D Less: Non-Controlling Interest 0.00 0.00
E Net Assets attributable to unitholders (C-D) 13,74,972.10 24,14,164.00
F No. of Units 1515 1515
G NAV per unit (E/F) 90.76 159.35
Disclosure of notes on net assets at fair value Text Block(1) Text Block(2)




Statement of Total Returns at Fair Value

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Particulars Amount
1 Total Comprehensive Income (As per the Statement of Profit and loss) 25,190.30
Add/Less: Other Changes in Fair Value not recognized in Total Comprehensive Income
1 Add : Changes in fair value not recognised 1,23,031.00
Total Other Changes in Fair Value not recognized in Total Comprehensive Income 1,23,031.00
Total Return 1,48,221.30
Disclosure of notes on total returns at fair value


Statement of Net Borrowings Ratio

Amount in (Lakhs)

Sr. Particulars Amount
A Borrowings [Refer Notes 1 & 2] 5,83,443.50
B Deferred Payments [Refer Notes 1 & 3] 0.00
C Cash and Cash Equivalents [Refer Notes 1 & 3] 1,647.70
D Aggregate Borrowings and Deferred Payments net of Cash and Cash Equivalents (A+B-C) 5,81,795.80
E Value of REIT/InVIT assets [Refer Notes 3 & 4] 29,26,855.10
F Net Borrowings Ratio (D/E) 0.20
Disclosure of notes on net borrowings ratio


Statement of Changes in Unitholders Equity

Amount in (Lakhs)

Particulars 3 months/ 6 months ended(dd-mm-yyyy) Year to date figures for current period ended(dd-mm-yyyy)
Date of start of reporting period 01-07-2025 01-04-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Balance at the beginning of the current reporting period 15,09,502.10 15,09,502.10
2 Changes in Unit Capital due to prior period errors 0.00 0.00
3 Restated balance at the beginning of the current reporting period 0.00 0.00
4 Changes in Unit Capital due to prior period errors 0.00 0.00
5 Balance at the end of the current reporting period 15,09,502.10 15,09,502.10
Disclosure of notes on changes in unit capital Textual Information(1) Textual Information(2)


Textual Information(1) we have disclsoed the Statement of change in unitholding data on half yearly basis and same is also approved after the board hence we are mentionin the half yearly figures in the Statement of change in unitholding sheet, as we are not able to change the period required in the change in unitholders equity sheet as we have selected Second Quarter in the general Information sheet


Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated

B(i). Other Equity

Share application money pending allotment Equity component of compound financial instruments Reserves and Surplus Debt instruments through Other Comprehensive Income Equity Instruments through Other Comprehensive Income Effective portion of Cash Flow Hedges Revaluation Surplus Exchange differences on translating the financial statements of a foreign operation Other items of Other Comprehensive Income (specify nature) Money received against share warrants Total
Capital Total Reserve Securities Premium Other Reserves (specify nature) Retained Earnings
1 Balance at the beginning of the current reporting period (65,749.60) (65,749.60)
2 Changes in accounting policy or prior period errors 0.00 0.00
3 Restated balance at the beginning of the current reporting period 0.00 0.00
4 Total Comprehensive Income for the current year 0.00 0.00
5 Dividends 0.00 0.00
6 Transfer to retained earnings 0.00 0.00
7 Any other change (32,455.40) (32,455.40)
8 Balance at the end of the current reporting period (98,205.00) (98,205.00)
9 Details of any other change (If figures reported in No. 7) Profit for the period (2519.03) and Distribution to unitholders (-5767.57)


Textual Information(1) we have disclsoed the Statement of change in unitholding data on half yearly basis and same is also approved after the board hence we are mentionin the half yearly figures in the Statement of change in unitholding sheet, as we are not able to change the period required in the change in unitholders equity sheet as we have selected Second Quarter in the general Information sheet


Amount in (Lakhs)

Particulars "Year to date figures for current period ended (dd-mm-yyyy)"
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated

B(ii). Other Equity

Share application money pending allotment Equity component of compound financial instruments Reserves and Surplus Debt instruments through Other Comprehensive Income Equity Instruments through Other Comprehensive Income Effective portion of Cash Flow Hedges Revaluation Surplus Exchange differences on translating the financial statements of a foreign operation Other items of Other Comprehensive Income (specify nature) Money received against share warrants Total
Capital Total Reserve Securities Premium Other Reserves (specify nature) Retained Earnings
1 Balance at the beginning of the current reporting period (65,749.60) (65,749.60)
2 Changes in accounting policy or prior period errors 0.00 0.00
3 Restated balance at the beginning of the current reporting period 0.00 0.00
4 Total Comprehensive Income for the current year 0.00 0.00
5 Dividends 0.00 0.00
6 Transfer to retained earnings 0.00 0.00
7 Any other change (32,455.40) (32,455.40)
8 Balance at the end of the current reporting period (98,205.00) (98,205.00)
9 Details of any other change (If figures reported in No. 7) Profit for the period (2519.03) and Distribution to unitholders (-5767.57)


Details of Funds raised through Debt - Consolidated basis

Amount in (Lakhs)

Sr no. Types of Borrowings Opening Outstanding Raised During the period Repaid during the period Closing Outstanding
1 Borrowings from Domestic - Banks/ Financial Institutions (including term loans) 2,99,980.00 0.00 4,712.20 2,95,267.80
2 Non-Convertible Debentures (NCDs) 2,00,000.00 54,949.60 0.00 2,54,949.60
3 Non-Convertible Preference Shares (NCRPs) 0.00 0.00 0.00 0.00
4 ECBs 0.00 0.00 0.00 0.00
Whether fund raised through debt consolidated other than above? Yes
Commercial Paper (Unsecured) 34,381.20 68,921.00 68,808.70 34,493.50


Details of funds raised through debt consolidated basis explanatory We have filed in the data for the half year ended September 30, 2025 n


Details of Borrowing / Debt (Raised during the period)

Debt securities (NCDs) Loans / ECB Preference Capital (NCRPS)
Sr no. InvIT / HoldCo / SPVs ISIN Amount raised Coupon Rate Interest payment frequency Secured/unsecured Tenure (in months) Assets on which charge is created, if any Name of the lender Amount Assets on which charge is created, if any Tenure (in months) Name of the lender Amount Assets on which charge is created, if any Tenure (in months)
1 InviT INE0NDH07050 55,000.00 7.19 Quarterly Secured P84M (a)ta first ranking and exclusive (pari passu inter se the Debenture Holders) charge by way of hypothecation to be created by Safari Retreats Pvt. Ltd. (“SRPL” or “SPV”) over identified bank accounts and receivables (including cash flows of SRPL from the property to be mortgaged as security for the Debentures);n(b)ta Corporate Guarantee to be issued by SRPL; n(c)ta first ranking and exclusive (pari passu inter se the Debenture Holders) pledge of Trust equity holding in SPV; andn(d)ta first ranking and exclusive (pari passu inter se the Debenture Holders) mortgage to be created by SRPL over its immovable properties and related assets at Bhubaneshwar NA 0.00 NA P0M NA 0.00 NA P0M


Disclosures of Ratios

Amount in (Lakhs)

Whether the REITS/INVITS have any outstanding borrowings? Yes
Sr. No Particulars Ratio Remarks
1 Debt equity ratio 0.42
2 Debt service coverage ratio 4.08
3 Interest service coverage ratio 4.08
4 Asset cover available ratio 5.31
5 Total debts to total assets 0.28
6 Current ratio 0.65
7 EBITDA margin (i.e.: Earnings before interest tax depreciation and amortisation margin) 77.17
8 Net profit margin percent 1956.00
9 Net operating income margin 74.55
10 Distribution per unit (In Rs.) 443.00
11 Net worth i.e.: Unitholders funds 137497210000


Details of Capital raised during the period

Amount in (Lakhs)

Sr no. Nature of issue (Right Issue/ Preferential Issue/ Institutional Placement) Date of Board Approval Date of Unitholders Approval Date of Issue Issue Size (Number of Units) Issue Size Issue Price per Unit Date of Allotment of Securities Details of Listing of Securites



Text Block

Details Of Capital Raised During The Period Explanatory



Details of Assets acquired during the reporting period

Amount in (Lakhs)

Sr.No. Nature of the Asset Date of Meeting of Board of the Manager / IM / Unitholders Approval Type of transaction (Outright purchase / Joint Venture / Joint Development / Area Share / Others) Date on which the Asset was acquired Total consideration Name of the Parties from whom the Asset was acquired Whether it is a Related Party Transaction Valuation of the Asset Acquired Remarks
1 MBD neopolis mall along with Radisson blu hotel 20-02-2025 Outright Purchase 07-05-2025 4,734.70 AKM Enterprises Private Limited No 58,140.00 On May 07, 2025 Select Infrastructure Private Limited has completed the acquisition of MBD Neopolis mall along with the Radisson Blu Hotel, Ludhiana throughnbusiness transfer agreement with AKM Enterprises Private Limited.



Text Block

Details Of Assets Acquired During The Reporting Period Explanatory



Details of Assets disposed off during the reporting period

Amount in (Lakhs)

Sr.No. Nature of the Asset Date of Meeting of Board of the Manager / IM / Unitholders Approval Type of transaction (Outright sale / Joint Venture / Joint Development / Area Share / Others) Date on which the Asset was disposed off Total consideration Name of the Parties to whom the Asset was disposed off Whether it is a Related Party Transaction Valuation of the Asset Acquired Remark Note



Text Block

Details Of Assets DisposedOff During The Reporting Period Explanatory




Details of Distributions made during each quarter of the Financial Year

A Date of start of reporting period 01-07-2025
B Date of end of reporting period 30-09-2025
B Details of Distribution made during the period, if applicable: (Yes/No) Yes
Sr. Particulars
1 Record Date 04-08-2025
2 Date of Board Meeting in which the distribution declared 30-07-2025
3 Total amount of distribution declared Total amount (in Rs. Lakhs) Total Amount Per Unit (in Rs.)
4 Out of the total amount of distribution declared, the amount in the form of interest, less taxes, if any 9,726.30 0.64
5 Out of the total amount of distribution declared, the amount in the form of dividend 19,679.90 1.3
6 Out of the total amount of distribution declared, including amount in the form of amortization of SPV level debt 106.10 0.28
7 Out of the total amount of distribution declared, the amount in form of other income 4,272.30 0.01
8 Due date of the payment of distribution 11-08-2025
9 Date by which payment of distribution is completed 11-08-2025



Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1 Date of start of reporting period 01-07-2025
2 Date of end of reporting period 30-09-2025
A For HoldCos and Directly held SPVs Amount
Name of Holdcos/SVPs Select Infrastructure Private Limited
Category SPVs
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 1,692.30
(2) held by Other shareholders 0.00
Name of other shareholder % of Holiding
1 NA 0.00
Total Capital 1,692.30
2 Other Equity 8,944.10
3 Reserve & Surplus 30,953.50
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds 41,589.90
B Borrowings
1 Long Term Borrowings 94,193.70
2 Current Maturities of Long Term Borrowings 0.00
3 Short term borrowings 0.00
4 Deferred Payment Liability 0.00
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 1,184.80
7 Loans from REITs / InvITs or any other inter SPV Borrowings 1,49,140.40
Total Net Debt 2,44,518.90
C Total Capitalisation 2,86,108.80
Disclosure of notes for HoldCos and Directly held SPVs Notes :


Disclosure of notes for HoldCos and Directly held SPVs we have disclsoed the Capital and Debt structure of SPV on half yearly basis and same is also approved after the board hence we are mentionin the half yearly figures in the Capital and Debt structure of SPVs sheet, as we are not able to change the period required in the Capital and Debt structure of SPVs sheet as we have selected Second Quarter in the general Information sheet


Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1 Date of start of reporting period 01-07-2025
2 Date of end of reporting period 30-09-2025
A For HoldCos and Directly held SPVs Amount
Name of Holdcos/SVPs CSJ Infrastructure Private Limited
Category SPVs
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 4,666.70
(2) held by Other shareholders 0.00
Name of other shareholder % of Holiding
1 NA 0.00
Total Capital 4,666.70
2 Other Equity 27,502.30
3 Reserve & Surplus 4,884.30
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds 37,053.30
B Borrowings
1 Long Term Borrowings 70,858.80
2 Current Maturities of Long Term Borrowings 0.00
3 Short term borrowings 0.00
4 Deferred Payment Liability 0.00
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 347.70
7 Loans from REITs / InvITs or any other inter SPV Borrowings 95,272.70
Total Net Debt 1,66,479.20
C Total Capitalisation 2,03,532.50
Disclosure of notes for HoldCos and Directly held SPVs Notes :


Disclosure of notes for HoldCos and Directly held SPVs we have disclsoed the Capital and Debt structure of SPV on half yearly basis and same is also approved after the board hence we are mentionin the half yearly figures in the Capital and Debt structure of SPVs sheet, as we are not able to change the period required in the Capital and Debt structure of SPVs sheet as we have selected Second Quarter in the general Information sheet


Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1 Date of start of reporting period 01-07-2025
2 Date of end of reporting period 30-09-2025
A For HoldCos and Directly held SPVs Amount
Name of Holdcos/SVPs Nexus Hyderabad Retail Private Limited
Category SPVs
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 460.80
(2) held by Other shareholders 0.00
Name of other shareholder % of Holiding
1 NA 0.00
Total Capital 460.80
2 Other Equity 13,540.10
3 Reserve & Surplus 2,763.90
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds 16,764.80
B Borrowings
1 Long Term Borrowings 0.00
2 Current Maturities of Long Term Borrowings 0.00
3 Short term borrowings 0.00
4 Deferred Payment Liability 0.00
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 0.00
7 Loans from REITs / InvITs or any other inter SPV Borrowings 79,007.20
Total Net Debt 79,007.20
C Total Capitalisation 95,772.00
Disclosure of notes for HoldCos and Directly held SPVs Notes :


Disclosure of notes for HoldCos and Directly held SPVs we have disclsoed the Capital and Debt structure of SPV on half yearly basis and same is also approved after the board hence we are mentionin the half yearly figures in the Capital and Debt structure of SPVs sheet, as we are not able to change the period required in the Capital and Debt structure of SPVs sheet as we have selected Second Quarter in the general Information sheet


Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1 Date of start of reporting period 01-07-2025
2 Date of end of reporting period 30-09-2025
A For HoldCos and Directly held SPVs Amount
Name of Holdcos/SVPs Vijaya Productions Private Limited
Category SPVs
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 1,198.70
(2) held by Other shareholders 0.00
Name of other shareholder % of Holiding
1 NA 0.00
Total Capital 1,198.70
2 Other Equity 11,159.30
3 Reserve & Surplus 7,668.70
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds 20,026.70
B Borrowings
1 Long Term Borrowings 0.00
2 Current Maturities of Long Term Borrowings 0.00
3 Short term borrowings 0.00
4 Deferred Payment Liability 0.00
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 5,707.20
7 Loans from REITs / InvITs or any other inter SPV Borrowings 88,301.90
Total Net Debt 94,009.10
C Total Capitalisation 1,14,035.80
Disclosure of notes for HoldCos and Directly held SPVs Notes :


Disclosure of notes for HoldCos and Directly held SPVs we have disclsoed the Capital and Debt structure of SPV on half yearly basis and same is also approved after the board hence we are mentionin the half yearly figures in the Capital and Debt structure of SPVs sheet, as we are not able to change the period required in the Capital and Debt structure of SPVs sheet as we have selected Second Quarter in the general Information sheet


Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1 Date of start of reporting period 01-07-2025
2 Date of end of reporting period 30-09-2025
A For HoldCos and Directly held SPVs Amount
Name of Holdcos/SVPs Chitrali Properties Private Limited
Category SPVs
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 200.00
(2) held by Other shareholders 0.00
Name of other shareholder % of Holiding
1 NA 0.00
Total Capital 200.00
2 Other Equity 2,343.40
3 Reserve & Surplus 337.80
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds 2,881.20
B Borrowings
1 Long Term Borrowings 0.00
2 Current Maturities of Long Term Borrowings 0.00
3 Short term borrowings 0.00
4 Deferred Payment Liability 0.00
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 138.80
7 Loans from REITs / InvITs or any other inter SPV Borrowings 42,478.50
Total Net Debt 42,617.30
C Total Capitalisation 45,498.50
Disclosure of notes for HoldCos and Directly held SPVs Notes :


Disclosure of notes for HoldCos and Directly held SPVs we have disclsoed the Capital and Debt structure of SPV on half yearly basis and same is also approved after the board hence we are mentionin the half yearly figures in the Capital and Debt structure of SPVs sheet, as we are not able to change the period required in the Capital and Debt structure of SPVs sheet as we have selected Second Quarter in the general Information sheet


Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1 Date of start of reporting period 01-07-2025
2 Date of end of reporting period 30-09-2025
A For HoldCos and Directly held SPVs Amount
Name of Holdcos/SVPs Safari Retreats Private Limited
Category SPVs
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 131.10
(2) held by Other shareholders 0.00
Name of other shareholder % of Holiding
1 NA 0.00
Total Capital 131.10
2 Other Equity 3,785.30
3 Reserve & Surplus 1,028.70
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds 4,945.10
B Borrowings
1 Long Term Borrowings 0.00
2 Current Maturities of Long Term Borrowings 0.00
3 Short term borrowings 0.00
4 Deferred Payment Liability 0.00
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 149.20
7 Loans from REITs / InvITs or any other inter SPV Borrowings 16,966.90
Total Net Debt 17,116.10
C Total Capitalisation 22,061.20
Disclosure of notes for HoldCos and Directly held SPVs Notes :


Disclosure of notes for HoldCos and Directly held SPVs we have disclsoed the Capital and Debt structure of SPV on half yearly basis and same is also approved after the board hence we are mentionin the half yearly figures in the Capital and Debt structure of SPVs sheet, as we are not able to change the period required in the Capital and Debt structure of SPVs sheet as we have selected Second Quarter in the general Information sheet


Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1 Date of start of reporting period 01-07-2025
2 Date of end of reporting period 30-09-2025
A For HoldCos and Directly held SPVs Amount
Name of Holdcos/SVPs Euthoria Developers Private Limited
Category SPVs
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 231.50
(2) held by Other shareholders 0.00
Name of other shareholder % of Holiding
1 NA 0.00
Total Capital 231.50
2 Other Equity 12,807.10
3 Reserve & Surplus 4,934.00
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds 17,972.60
B Borrowings
1 Long Term Borrowings 14,979.40
2 Current Maturities of Long Term Borrowings 0.00
3 Short term borrowings 0.00
4 Deferred Payment Liability 0.00
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 207.70
7 Loans from REITs / InvITs or any other inter SPV Borrowings 20,230.00
Total Net Debt 35,417.10
C Total Capitalisation 53,389.70
Disclosure of notes for HoldCos and Directly held SPVs Notes :


Disclosure of notes for HoldCos and Directly held SPVs we have disclsoed the Capital and Debt structure of SPV on half yearly basis and same is also approved after the board hence we are mentionin the half yearly figures in the Capital and Debt structure of SPVs sheet, as we are not able to change the period required in the Capital and Debt structure of SPVs sheet as we have selected Second Quarter in the general Information sheet


Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1 Date of start of reporting period 01-07-2025
2 Date of end of reporting period 30-09-2025
A For HoldCos and Directly held SPVs Amount
Name of Holdcos/SVPs Nexus Shantiniketan Retail Private Limited
Category SPVs
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 201.60
(2) held by Other shareholders 0.00
Name of other shareholder % of Holiding
1 NA 0.00
Total Capital 201.60
2 Other Equity 6,651.60
3 Reserve & Surplus 624.20
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds 7,477.40
B Borrowings
1 Long Term Borrowings 0.00
2 Current Maturities of Long Term Borrowings 0.00
3 Short term borrowings 0.00
4 Deferred Payment Liability 0.00
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 0.00
7 Loans from REITs / InvITs or any other inter SPV Borrowings 26,851.60
Total Net Debt 26,851.60
C Total Capitalisation 34,329.00
Disclosure of notes for HoldCos and Directly held SPVs Notes :


Disclosure of notes for HoldCos and Directly held SPVs we have disclsoed the Capital and Debt structure of SPV on half yearly basis and same is also approved after the board hence we are mentionin the half yearly figures in the Capital and Debt structure of SPVs sheet, as we are not able to change the period required in the Capital and Debt structure of SPVs sheet as we have selected Second Quarter in the general Information sheet


Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1 Date of start of reporting period 01-07-2025
2 Date of end of reporting period 30-09-2025
A For HoldCos and Directly held SPVs Amount
Name of Holdcos/SVPs Nexusmalls Whitefield Private Limited
Category SPVs
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 421.20
(2) held by Other shareholders 0.00
Name of other shareholder % of Holiding
1 NA 0.00
Total Capital 421.20
2 Other Equity 43.70
3 Reserve & Surplus 1,094.30
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds 1,559.20
B Borrowings
1 Long Term Borrowings 0.00
2 Current Maturities of Long Term Borrowings 0.00
3 Short term borrowings 0.00
4 Deferred Payment Liability 0.00
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 0.00
7 Loans from REITs / InvITs or any other inter SPV Borrowings 10,504.50
Total Net Debt 10,504.50
C Total Capitalisation 12,063.70
Disclosure of notes for HoldCos and Directly held SPVs Notes :


Disclosure of notes for HoldCos and Directly held SPVs we have disclsoed the Capital and Debt structure of SPV on half yearly basis and same is also approved after the board hence we are mentionin the half yearly figures in the Capital and Debt structure of SPVs sheet, as we are not able to change the period required in the Capital and Debt structure of SPVs sheet as we have selected Second Quarter in the general Information sheet


Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1 Date of start of reporting period 01-07-2025
2 Date of end of reporting period 30-09-2025
A For HoldCos and Directly held SPVs Amount
Name of Holdcos/SVPs Nexus Mangalore Retail Private Limited
Category SPVs
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 849.20
(2) held by Other shareholders 0.00
Name of other shareholder % of Holiding
1 NA 0.00
Total Capital 849.20
2 Other Equity 1,831.80
3 Reserve & Surplus 376.00
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds 3,057.00
B Borrowings
1 Long Term Borrowings 0.00
2 Current Maturities of Long Term Borrowings 0.00
3 Short term borrowings 0.00
4 Deferred Payment Liability 0.00
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 149.30
7 Loans from REITs / InvITs or any other inter SPV Borrowings 15,803.00
Total Net Debt 15,952.30
C Total Capitalisation 19,009.30
Disclosure of notes for HoldCos and Directly held SPVs Notes :


Disclosure of notes for HoldCos and Directly held SPVs we have disclsoed the Capital and Debt structure of SPV on half yearly basis and same is also approved after the board hence we are mentionin the half yearly figures in the Capital and Debt structure of SPVs sheet, as we are not able to change the period required in the Capital and Debt structure of SPVs sheet as we have selected Second Quarter in the general Information sheet


Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1 Date of start of reporting period 01-07-2025
2 Date of end of reporting period 30-09-2025
A For HoldCos and Directly held SPVs Amount
Name of Holdcos/SVPs Nexus Udaipur Retail Private Limited
Category SPVs
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 3,840.80
(2) held by Other shareholders 0.00
Name of other shareholder % of Holiding
1 NA 0.00
Total Capital 3,840.80
2 Other Equity 8,529.50
3 Reserve & Surplus 1,379.30
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds 13,749.60
B Borrowings
1 Long Term Borrowings 0.00
2 Current Maturities of Long Term Borrowings 0.00
3 Short term borrowings 0.00
4 Deferred Payment Liability 0.00
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 5.90
7 Loans from REITs / InvITs or any other inter SPV Borrowings 579.90
Total Net Debt 585.80
C Total Capitalisation 14,335.40
Disclosure of notes for HoldCos and Directly held SPVs Notes :


Disclosure of notes for HoldCos and Directly held SPVs we have disclsoed the Capital and Debt structure of SPV on half yearly basis and same is also approved after the board hence we are mentionin the half yearly figures in the Capital and Debt structure of SPVs sheet, as we are not able to change the period required in the Capital and Debt structure of SPVs sheet as we have selected Second Quarter in the general Information sheet


Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1 Date of start of reporting period 01-07-2025
2 Date of end of reporting period 30-09-2025
A For HoldCos and Directly held SPVs Amount
Name of Holdcos/SVPs Nexus Mysore Retail Private Limited
Category SPVs
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 431.90
(2) held by Other shareholders 0.00
Name of other shareholder % of Holiding
1 NA 0.00
Total Capital 431.90
2 Other Equity 1,733.30
3 Reserve & Surplus 160.40
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds 2,325.60
B Borrowings
1 Long Term Borrowings 0.00
2 Current Maturities of Long Term Borrowings 0.00
3 Short term borrowings 0.00
4 Deferred Payment Liability 0.00
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 0.00
7 Loans from REITs / InvITs or any other inter SPV Borrowings 16,356.70
Total Net Debt 16,356.70
C Total Capitalisation 18,682.30
Disclosure of notes for HoldCos and Directly held SPVs Notes :


Disclosure of notes for HoldCos and Directly held SPVs we have disclsoed the Capital and Debt structure of SPV on half yearly basis and same is also approved after the board hence we are mentionin the half yearly figures in the Capital and Debt structure of SPVs sheet, as we are not able to change the period required in the Capital and Debt structure of SPVs sheet as we have selected Second Quarter in the general Information sheet


Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1 Date of start of reporting period 01-07-2025
2 Date of end of reporting period 30-09-2025
A For HoldCos and Directly held SPVs Amount
Name of Holdcos/SVPs Naman Mall Management Company Private Limited
Category SPVs
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 260.00
(2) held by Other shareholders 0.00
Name of other shareholder % of Holiding
1 NA 0.00
Total Capital 260.00
2 Other Equity 8,397.70
3 Reserve & Surplus (12,427.80)
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds (3,770.10)
B Borrowings
1 Long Term Borrowings 0.00
2 Current Maturities of Long Term Borrowings 0.00
3 Short term borrowings 0.00
4 Deferred Payment Liability 0.00
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 2,227.90
7 Loans from REITs / InvITs or any other inter SPV Borrowings 9,729.30
Total Net Debt 11,957.20
C Total Capitalisation 8,187.10
Disclosure of notes for HoldCos and Directly held SPVs Notes :


Disclosure of notes for HoldCos and Directly held SPVs we have disclsoed the Capital and Debt structure of SPV on half yearly basis and same is also approved after the board hence we are mentionin the half yearly figures in the Capital and Debt structure of SPVs sheet, as we are not able to change the period required in the Capital and Debt structure of SPVs sheet as we have selected Second Quarter in the general Information sheet


Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1 Date of start of reporting period 01-07-2025
2 Date of end of reporting period 30-09-2025
A For HoldCos and Directly held SPVs Amount
Name of Holdcos/SVPs Daksha Infrastructure Private Limited
Category SPVs
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 72.80
(2) held by Other shareholders 0.00
Name of other shareholder % of Holiding
1 NA 0.00
Total Capital 72.80
2 Other Equity 0.00
3 Reserve & Surplus 13,725.40
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds 13,798.20
B Borrowings
1 Long Term Borrowings 0.00
2 Current Maturities of Long Term Borrowings 0.00
3 Short term borrowings 0.00
4 Deferred Payment Liability 0.00
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 0.00
7 Loans from REITs / InvITs or any other inter SPV Borrowings 802.00
Total Net Debt 802.00
C Total Capitalisation 14,600.20
Disclosure of notes for HoldCos and Directly held SPVs Notes :


Disclosure of notes for HoldCos and Directly held SPVs we have disclsoed the Capital and Debt structure of SPV on half yearly basis and same is also approved after the board hence we are mentionin the half yearly figures in the Capital and Debt structure of SPVs sheet, as we are not able to change the period required in the Capital and Debt structure of SPVs sheet as we have selected Second Quarter in the general Information sheet


Capital Structure including Borrowing and Deferred Payments - SPVs/Holdcos

Amount in (Lakhs)

1 Date of start of reporting period 01-07-2025
2 Date of end of reporting period 30-09-2025
A For HoldCos and Directly held SPVs Amount
Name of Holdcos/SVPs Mamadapur Solar Private Limited
Category SPVs
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 1.50
(2) held by Other shareholders 0.00
Name of other shareholder % of Holiding
1 NA 0.00
Total Capital 1.50
2 Other Equity 9,987.00
3 Reserve & Surplus (307.40)
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds 9,681.10
B Borrowings
1 Long Term Borrowings 0.00
2 Current Maturities of Long Term Borrowings 0.00
3 Short term borrowings 0.00
4 Deferred Payment Liability 0.00
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 24.80
7 Loans from REITs / InvITs or any other inter SPV Borrowings 2,412.30
Total Net Debt 2,437.10
C Total Capitalisation 12,118.20
Disclosure of notes for HoldCos and Directly held SPVs Notes :


Disclosure of notes for HoldCos and Directly held SPVs we have disclsoed the Capital and Debt structure of SPV on half yearly basis and same is also approved after the board hence we are mentionin the half yearly figures in the Capital and Debt structure of SPVs sheet, as we are not able to change the period required in the Capital and Debt structure of SPVs sheet as we have selected Second Quarter in the general Information sheet




(B)For SVPs held through HoldCos

Amount in (Lakhs)

1 Date of start of reporting period 01-07-2025
2 Date of end of reporting period 30-09-2025
A For HoldCos and Directly held SPVs Amount
Name of Holdcos Not Applicable
Name of SVPs 0
A Shareholders Funds
1 Capital
(1) held by InvITs / REITs directly or indirectly 0.00
(2) held by Other shareholders
Name of other shareholder % of Holiding
Total Capital 0.00
2 Other Equity 0.00
3 Reserve & Surplus 0.00
4 Instruments entirely equity in nature 0.00
Total Shareholders Funds 0.00
B Borrowings
1 Long Term Borrowings 0.00
2 Current Maturities of Long Term Borrowings 0.00
3 Short term borrowings 0.00
4 Deferred Payment Liability 0.00
5 Interest Accrued and due 0.00
6 Interest Accrued but not due 0.00
7 Loans from REITs / InvITs or any other inter SPV Borrowings 0.00
Total Net Debt 0.00
C Total Capitalisation 0.00
Disclosure of notes for SVPs held through HoldCos Notes :


Disclosure of notes for SVPs held through HoldCos Nexus Select Trust dose not have holdiing Company so we are mentioning Not Applicable in the Name of Holding Company tab and zero (0) in other tabs