Cube Highways Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Cube Highways Trust has submitted the annual Traffic Due Diligence Report for the Ghaziabad-Aligarh Expressway (GAEPL), a 125.175 km six-lane stretch on NH 91 in Uttar Pradesh, prepared by Steer Davies Gleave India as part of the 'Transit 9' fair market valuation exercise. The report covers FY25YTD (Apr'24-Jan'25) tollable traffic of 21,755 vehicles at TP1 Luharli (up 14.1% YoY) and 11,351 at TP2 Somna (up 13.5%). Combined revenue for FY25YTD stood at ₹288.5 crore, with Average Daily Debt Collection (AADC) rising 22.9% to ₹100 lakh. The asset's concession has been extended to FY40, and a new 16-lane toll plaza at Luharli is under construction, expected to be operational by Q3 FY26.
This is a routine regulatory disclosure tied to the InvIT's annual valuation exercise, not a material business event. The data shared is largely historical and already reflected in prior filings; investors should focus on the embedded forward-looking traffic and revenue forecasts, which will influence the trust's unit valuation rather than near-term unit price action.