Cube Highways Trust has achieved full compliance with the Structured Digital Database (SDD) norms mandated by the Securities and Exchange Board of India (SEBI) for the financial year ended March 31, 2026. The certification confirms that the Investment Trust successfully implemented and maintained a non-tamperable digital system to record Unpublished Price Sensitive Information (UPSI), ensuring robust internal controls over data access and integrity. This adherence mitigates the risk of insider trading and aligns with regulatory requirements designed to protect investor interests.

The compliance certificate, issued by Harish Chawla of M/s. CL & Associates, Practising Company Secretaries, validates the operational efficacy of the SDD mechanism. The certification process was undertaken pursuant to Regulation 3(5) and 3(6) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, read with specific circulars issued by BSE Limited and the National Stock Exchange of India Limited. The exchanges had issued these directives on October 18, 2024, to standardize the maintenance of digital databases for market participants.

The auditor confirmed that the InvIT was required to capture 18 specific events during FY26 and successfully recorded all 18 instances within the database. The system captured the nature of the UPSI along with precise date and time stamps, ensuring a comprehensive audit trail. The database is maintained internally and is designed to be non-tamperable, with the capability to preserve records for a mandatory period of eight years.

Key Compliance Parameters

The certification verified several critical control measures within the SDD framework. The following table summarizes the operational status of the database for the financial year:

The report explicitly stated that no non-compliance was observed during the financial year ended March 31, 2026. Consequently, no remedial actions were necessary for the reporting period. The certificate was submitted to the stock exchanges on May 22, 2026, by Richa Gupta Rohatgi, Compliance Officer and Company Secretary of Cube Highways Fund Advisors Private Limited, acting in its capacity as the Investment Manager to Cube Highways Trust.

The filing was addressed to the Listing Departments of both BSE Limited and the National Stock Exchange of India Limited. The InvIT's units are listed under the symbol CUBEINVIT, with multiple Non-Convertible Debentures (NCDs) also listed on the exchanges. The compliance confirmation provides assurance to stakeholders regarding the governance standards upheld by the trust during the fiscal year.

Cube Highways Trust has filed its unitholding pattern statement for the quarter ended March 31, 2026, with BSE and NSE in compliance with SEBI InvIT Regulations. The filing was submitted by Cube Highways Fund Advisors Private Limited, acting as the Investment Manager to the trust.

Regulatory Compliance and Filing Details

The statement was filed pursuant to Regulation 23(10) of the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014, along with Para 4.13 of the Master Circular no. SEBI/HO/DDHS-PoD-2/P/CIR/2025/102 dated July 11, 2025. Richa Gupta Rohatgi, serving as Compliance Officer and Company Secretary, signed the filing on April 14, 2026.

Unit Distribution Overview

As of March 31, 2026, Cube Highways Trust had total outstanding units of 1,34,40,69,762. The unitholding pattern reveals a clear distribution between sponsor groups and public investors across various categories.

Sponsor Group Holdings

The sponsor group holdings are entirely comprised of foreign corporate bodies, with 44,18,81,123 units representing 32.88% of total outstanding units. Within this holding, 20,16,10,464 units are mandatorily held, constituting 45.63% of the sponsor group's total holdings. The same number of units are also pledged or otherwise encumbered.

Public Holdings Breakdown

Public holdings are distributed across institutional and non-institutional categories:

Institutional Holdings

Non-Institutional Holdings

Adjusted Holdings Clarification

The filing includes an important clarification regarding units held through clearing members. As of March 31, 2026, 48,50,00,000 units (3.61% of total outstanding units) held by certain sponsor group entities were reflected in the name of clearing members but were subsequently credited back to the respective demat accounts. After this adjustment, the actual distribution stands at:

• Total sponsor and sponsor group holdings: 36.48%
• Total public unit holdings: 63.52%

Administrative Details

KFin Technologies Limited serves as the Registrar and Transfer Agent for Cube Highways Trust. The filing was also copied to Axis Trustee Services Limited, which acts as the trustee to the InvIT. Cube Highways Fund Advisors Private Limited, incorporated with CIN U74999DL2021FTC379941, maintains its registered office in New Delhi and corporate office in Noida.