Cube Highways Trust unitholders approved the audited standalone and consolidated financial statements for the financial year ended March 31, 2026, at its third Annual Meeting held on July 17, 2026. The meeting, conducted via video conferencing, also saw the adoption of the valuation report of the trust's assets as of March 31, 2026. Additionally, the unitholders approved the appointment of a valuer for the financial year 2026-27 and fixed their remuneration.

The resolutions were passed with the requisite majority under the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014. Mr. Harish Chawla, Partner of M/s. CL & Associates, Practicing Company Secretaries, served as the Scrutinizer for the remote e-voting and e-voting conducted during the meeting. The statutory auditor's report for the financial year ended March 31, 2026, contained no qualifications, observations, or comments adversely affecting financial reporting.

Voting Results

The voting process combined remote e-voting and e-voting conducted during the Annual Meeting. A total of 1,344,069,762 units were eligible, with 626,468,934 votes polled, representing 46.61% of the outstanding units. The table below summarizes the voting outcomes for the key resolutions.

Meeting Proceedings

The meeting was chaired by Mr. U.K. Sinha, Independent Director and Chairman of the Audit Committee. Key managerial personnel, including Mr. Vinay C. Sekar, Chief Executive Officer, and Ms. Richa Gupta Rohatgi, Compliance Officer & Company Secretary, were in attendance. Representatives from the statutory auditor, M/s. S.B. Billimoria & Co. LLP, and the Trustee, Axis Trustee Services Limited, were also present.

Three unitholders attended the meeting through electronic mode. The remote e-voting period commenced on July 13, 2026, and concluded on July 16, 2026. The facility for e-voting during the meeting was available for 15 minutes post-conclusion. The meeting concluded at 4:45 P.M. (IST).

Cube Highways Trust has fixed the price band for its Initial Public Offer (IPO) at ₹151-152 per Unit. The Investment Manager determined the floor price at ₹151 per Unit and the cap price at ₹152 per Unit in consultation with the book running lead managers. This pricing decision follows the filing of the Offer Document with the Securities and Exchange Board of India (SEBI) on July 13, 2026.

The price band advertisement is scheduled for publication in requisite newspapers on July 15, 2026. This action aligns with the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014 and the SEBI Master Circular for Infrastructure Investment Trusts (InvITs) dated July 11, 2025.

The Offer Document is available on the websites of SEBI, the stock exchanges, and the book running lead managers, which include Kotak Mahindra Capital Company Limited, HDFC Bank Limited, HSBC Securities and Capital Markets (India) Private Limited, and JM Financial Limited. The Trust has advised prospective investors that an investment in the Units involves a high degree of risk and directed them to the "Risk Factors" section of the Offer Document for details.

Cube Highways Fund Advisors Private Limited acts as the Investment Manager to the Trust. Axis Trustee Services Limited serves as the Trustee to the InvIT, while Catalyst Trusteeship Limited is the Debt Security Trustee.