BSECube Highways TrustHighNeutral
Announced Wed, 29 Jul, 2026 · 23:10 IST
Allotment of 32.89 crore units at Rs 152 via OFS, converting to publicly listed InvIT
Price reaction
Awaiting price reaction for this filing.
AI summary
Cube Highways Trust has allotted 32,89,47,365 units at Rs 152 per unit, aggregating to about Rs 5,000 crore. The allotment was carried out to convert the Trust from a privately listed infrastructure investment trust to a publicly listed one through an Offer for Sale (OFS). It was approved by unitholders on February 20, 2026 and by the Investment Manager Board on July 29, 2026 under SEBI InvIT Regulations.
Likely market impact
Increases public float and trading liquidity; trust transitions from privately listed to publicly listed InvIT status