Cube Highways Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Cube Highways Trust's Investment Manager has signed a binding commitment letter to acquire 100% of Baharampore Farakka Highway Limited (BFHL), 100% of Devanahalli Tollway Private Limited (DTPL), at least 95% of Western MP Infrastructure and Toll Roads Private Limited (WMTPL), and 100% of Chenani Nashri Tunnelway Limited (CNTL). The sellers are the Trust's Sponsors — Cube Highways and Infrastructure V Pte. Ltd. and Cube Highways and Infrastructure II Pte. Ltd. — making this a related-party transaction. Separately, the Trust also entered a Right of First Offer (ROFO) agreement with the Sponsor, giving the Trust first right to buy additional highway assets held by the Sponsor in the future. This is a follow-up to an earlier intimation dated January 30, 2026, and the deal is subject to final closing conditions.
If completed, this acquisition will significantly expand the Trust's toll road and highway portfolio, potentially boosting future distributions for unitholders, but it also concentrates risk through a related-party deal that will require unitholder approval and regulatory clearances.