Cube Highways Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Cube Highways Trust's Investment Manager board has approved replacing the existing Project Manager, Cube Highways and Transportation Assets Advisors Pvt. Ltd. (CHTAAPL), with a newly incorporated wholly-owned subsidiary called Cube Highways Asset & Project Advisory Private Limited (CHAPAPL). The new entity was incorporated on February 13, 2026, and the change is subject to NHAI approval and completion of regulatory and contractual formalities. The switch will take effect from the date a new Project Implementation and Management Agreement (Fresh PIMA) is executed. Axis Trustee Services has been consulted on the change.
This is an internal restructuring exercise — the new Project Manager is a wholly-owned subsidiary of the existing Investment Manager, so there is no change in ultimate control. Investors should note the change is pending NHAI approval; until executed, day-to-day operations remain unchanged.