Nexus Select Trust543913Compliance status update

Corporate governance compliance report shared for the quarter ended September 30, 2026

The quarterly Report on Compliance of Corporate Governance for the quarter ended September 30, 2026 has been submitted for Nexus Select Trust.

By ScoutQuest · Fri 16 Oct 2026, 1:03 PM IST · 2 min read

Board Composition: 8 directors, of whom 4 are Independent Directors
Committees Listed: Audit, Nomination & Remuneration and Risk Management — each with a regular chairperson appointed
Report Period: quarter ended September 30, 2026

Periodic governance disclosure

The Report on Compliance of Corporate Governance for the quarter ended September 30, 2026 has been submitted for Nexus Select Trust. The report names the REIT and its Manager, Nexus Select Mall Management Private Limited, and sets out the composition of the Manager's board and its committees.

Board of the Manager

Mr. Asheesh Mohta — Chairperson & Non-Executive Non-Independent Director
Mr. Arjun Sharma — Vice-Chairperson, Non-Executive Non-Independent Unitholder Nominee Director
Mr. Dalip Charanjit Sehgal — Chief Executive Officer and Executive Non-Independent Director
Mr. Siddharth Nawal — Non-Executive Non-Independent Director
Mr Michael David Holland — Non-Executive Independent Director
Mr Sadashiv Srinivas Rao — Non-Executive Independent Director
Mr Jayesh Tulsidas Merchant — Non-Executive Independent Director
Ms. Alpana Parida — Non-Executive Independent Director

Tenure of the Independent Directors

Mr Michael David Holland — 49 months
Mr Sadashiv Srinivas Rao — 48 months
Mr Jayesh Tulsidas Merchant — 46 months
Ms. Alpana Parida — 48 months

The report states that a regular Chairperson is appointed, and that the Chairperson is not related to the Managing Director or the CEO.

Other board and committee positions held

These are counted across Managers / Investment Managers of REITs / InvITs and listed entities, including this Manager.

Mr Jayesh Tulsidas Merchant — 5 directorships, 5 independent directorships, 6 audit/stakeholder committee memberships, 4 chairmanships of such committees
Mr Michael David Holland — 3 directorships, 3 independent directorships, 5 committee memberships, 3 chairmanships
Mr Sadashiv Srinivas Rao — 3 directorships, 3 independent directorships, 4 committee memberships, 4 chairmanships
Ms. Alpana Parida — 3 directorships, 3 independent directorships, 4 committee memberships, 1 chairmanship
Mr. Asheesh Mohta — 5 directorships, 2 committee memberships
Mr Dalip Charanjit Sehgal — 2 directorships, 1 committee membership
Mr Arjun Sharma — 1 directorship, 1 committee membership
Mr. Siddharth Nawal — 1 directorship, 1 committee membership

Committee composition

Audit Committee — regular chairperson appointed: Yes

Mr Sadashiv Srinivas Rao — Chairperson, Non-Executive Independent Director
Mr Jayesh Tulsidas Merchant — Non-Executive Independent Director
Mr Arjun Sharma — Non-Executive Non-Independent Unitholder Nominee Director
Ms. Alpana Parida — Non-Executive Independent Director

Nomination & Remuneration Committee — regular chairperson appointed: Yes

Ms. Alpana Parida — Chairperson, Non-Executive Independent Director
Mr Sadashiv Srinivas Rao — Non-Executive Independent Director
Mr Michael David Holland — Non-Executive Independent Director

Risk Management Committee — regular chairperson appointed: Yes

Mr Jayesh Tulsidas Merchant — Chairperson, Non-Executive Independent Director
Ms. Alpana Parida — Non-Executive Independent Director

What kind of update this is

This is a periodic corporate governance compliance report for a quarter. It sets out who sits on the Manager's board and committees, how the directors are categorised, how long the Independent Directors have served, and how many other board and committee positions they hold. It is an information disclosure about the governance structure for the quarter ended September 30, 2026.

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