Cube Highways Trust sponsor holds 36.48% in Q1FY27

1 min read     Updated on 03 Jul 2026, 05:40 AM
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Reviewed by
Shriram SScanX News Team
AI Summary

Cube Highways Trust disclosed a sponsor holding of 36.48% for the quarter ended June 30, 2026. Foreign corporate bodies held 49,03,81,123 units, while public holding accounted for 63.52% of the total outstanding units.

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Cube Highways Trust reported a sponsor holding of 36.48% for the quarter ended June 30, 2026, according to a regulatory filing. The total units outstanding stood at 1,34,40,69,762, with foreign corporate bodies accounting for the entire sponsor shareholding. The disclosure was made pursuant to Regulation 23(10) of the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014.

Sponsor and Public Holding

The sponsor group, comprising foreign corporate bodies, held 49,03,81,123 units, representing 36.48% of the total outstanding units. No units were held by Indian sponsors or their associates. The public holding constituted the remaining 63.52% of the total units, amounting to 85,36,88,639 units.

Institutional Breakdown

Institutions held 34.50% of the total units, with bodies corporate being the largest sub-category within this group. Mutual Funds held 3.21%, while Insurance Companies held 3.66%. Foreign Portfolio Investors and Alternative Investment Funds held 0.61% and 1.90% respectively.

Non-Institutional Breakdown

Non-institutions accounted for 29.01% of the total units. Bodies Corporate held 19.30%, while individual shareholders held 7.69%. Trusts and Non-Resident Indians held 1.34% and 0.51% respectively.

Category Sub-Category Units Held % of Total Units
Sponsor Foreign Corporate Bodies 49,03,81,123 36.48
Public - Institutions Bodies Corporate 32,98,84,567 24.54
Public - Institutions Insurance Companies 4,92,00,000 3.66
Public - Institutions Mutual Funds 4,31,00,000 3.21
Public - Institutions Alternative Investment Fund 2,55,50,000 1.90
Public - Non-Institutions Bodies Corporate 25,94,45,414 19.30
Public - Non-Institutions Individuals 10,34,18,586 7.69
Public - Non-Institutions Trusts 1,80,11,000 1.34
Total 1,34,40,69,762 100.00

Historical Stock Returns for Cube Highways Trust

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+2.63%+5.05%+12.23%+21.40%+56.00%

How might the high concentration of foreign corporate sponsorship influence Cube Highways Trust's future strategic acquisitions?

Could the significant public holding of 63.52% lead to increased volatility in unit prices during market corrections?

What impact could the current low allocation from Insurance Companies and Mutual Funds have on future liquidity?

Cube Highways Trust allots NCDs worth ₹637 Cr at 7.3925%

1 min read     Updated on 30 Jun 2026, 05:21 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

Cube Highways Trust allotted 63,700 senior, secured, rated, listed, redeemable non-convertible debentures aggregating ₹637 crore on June 29, 2026. The debt securities carry a coupon rate of 7.3925% and a tenor of 11 Years 9 Months and 2 days. The issuance was approved by the Board of Directors of Cube Highways Fund Advisors Private Limited.

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Cube Highways Trust has allotted 63,700 senior, secured, rated, listed, redeemable, non-convertible debentures on a private placement basis to raise ₹637,00,00,000. The debt securities carry a coupon rate of 7.3925% and a tenor of 11 Years 9 Months and 2 days. This issuance was approved by the Board of Directors of Cube Highways Fund Advisors Private Limited, the Investment Manager of cube highways trust , through a resolution passed by circulation on June 29, 2026.

The debentures have a face value of ₹1,00,000 each. The allotment is subject to the applicable provisions of the Securities Exchange Board of India (SEBI) (Infrastructure Investment Trusts) Regulations, 2014, and Regulation 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Details of the Allotment

Parameter Details
Aggregate Amount ₹637,00,00,000
Number of Debentures 63,700
Face Value per Debenture ₹1,00,000
Coupon Rate 7.3925%
Tenor 11 Years 9 Months and 2 days
Basis Private Placement

Axis Trustee Services Limited acts as the Trustee to the InvIT, while Catalyst Trusteeship Limited serves as the Debt Security Trustee. The intimation regarding this allotment was submitted to the BSE Limited and National Stock Exchange of India Limited on June 29, 2026.

Historical Stock Returns for Cube Highways Trust

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+2.63%+5.05%+12.23%+21.40%+56.00%

How will Cube Highways Trust utilize the ₹637 crore raised to enhance its infrastructure portfolio?

What impact will the 7.3925% coupon rate have on the overall yield attractiveness of the InvIT for investors?

Could this successful private placement pave the way for similar debt issuances by other infrastructure trusts?

More News on Cube Highways Trust

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