Cube Highways Trust has informed the Exchange regarding Disclosure of material issue

Cube Highways Trust (InvIT) has approved its audited standalone and consolidated financial statements for the half year ended September 30, 2025, along with prior period comparatives. The financials have been prepared to support the Proposed Transaction — conversion of the Trust from a private listed InvIT to a publicly listed one with an offer for sale of existing units and acquisition of additional assets, for which unitholders had already given approval on February 20, 2025. The statements will be included in the Draft Offer Document and Final Offer Document to be filed with SEBI and stock exchanges. Key numbers: revenue from operations rose to about Rs. 19,959 million in H1 FY26 from Rs. 16,116 million in H1 FY25 (around 24% growth), and the Trust swung to a profit before tax of Rs. 560 million versus a loss of Rs. 127 million in the prior year period. Total assets stood at Rs. 3,02,520 million with total borrowings of about Rs. 1,78,975 million. Auditor S.B. Billimoria & Co. LLP issued an unmodified (clean) opinion, while flagging three key audit matters: impairment testing of toll/annuity rights under service concession arrangements, fair value disclosures of net assets, and provisioning for periodic major maintenance expenses.