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Nexus Select Trust received reaffirmed 'Crisil AAA/Stable' and 'Crisil A1+' credit ratings from Crisil Ratings for its commercial papers and non-convertible debentures.
Nexus Select Trust's IND A1+ credit rating for commercial papers was withdrawn following full repayment. The ₹600.00 Crore instrument now has nil outstanding obligations.
Nexus Select Trust received reaffirmed credit ratings of AAA/Stable from CRISIL and ICRA for its debt instruments totaling ₹5,800 Crore. Key instruments include Non-Convertible Debentures and Commercial Paper, reflecting the highest degree of safety regarding timely servicing of financial obligations.
Nexus Select Trust received reaffirmed 'CRISIL AAA/Stable' and '[ICRA]AAA(Stable)' ratings for its Non-Convertible Debentures and Commercial Paper totaling ₹5,550 Crore. These top-tier ratings reflect high creditworthiness and safety for timely debt servicing, maintaining strong investor confidence in the Trust's financial stability.