Cube Highways Trust has informed the Exchange regarding Outcome of Annual General Meeting held on 18/07/2025
Awaiting price reaction for this filing.
Cube Highways Trust held its Second Annual Meeting of Ordinary Unitholders on July 18, 2025, via video conferencing, chaired by Mr. U.K. Sinha. Four resolutions were put to vote and all were approved with 100% votes in favour and zero votes against. The resolutions covered: (1) adoption of audited standalone and consolidated financial statements for FY ending March 31, 2025, (2) adoption of the valuation report of the Trust's assets as at March 31, 2025, (3) appointment and remuneration of the Valuer for FY 2025-26, and (4) amendment to the distribution policy of the Trust. Out of 274 unitholders on record, 24 unitholders participated in voting representing 1,06,84,98,362 units (80.07% of outstanding units). The Statutory Auditor's report contained no qualifications or adverse comments.
This is a routine procedural filing confirming that unitholders have approved the FY25 financial statements, asset valuation, valuer appointment, and a change to the distribution policy. The unanimous approval (100% in favour) signals unitholder consensus with no governance friction. Investors should monitor any forthcoming disclosures on the details of the distribution policy amendment, as it could affect future payouts to unitholders.