BSEGeneral3d ago · 22 Sept 2026, 12:20 pm
Cube Highways Trust has informed the Exchange regarding Disclosure of material issue
Cube Highways Trust · 543899
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Cube Highways Trust has informed the Exchange regarding the outcome of legal proceedings involving Walayar Vadakkencherry Expressway Private Limited, a project SPV of Cube Highways Trust, where the Arbitral Tribunal has held that WVEPL is entitled to an extension of the concession period by 1423 days.
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Cube Highways Trust - 543899 - Reg 23(5)(i): Disclosure of material issue
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Date: September 22, 2026
Listing Department Listing Department National Stock Exchange of India Limited
BSE Limited Exchange Plaza, C-1, Block-G
20th Floor, P. J. Towers Bandra-Kurla Complex, Bandra (E)
Dalal Street, Mumbai–400001 Mumbai - 400 051
Units: Symbol: CUBEINVIT
Scrip Code: 543899 ISIN: INE0NR623014
Non-convertible debentures:
Scrip Code: 974936 ISIN: INE0NR607017
Scrip Code: 976397 ISIN: INE0NR607033
Scrip Code: 976434 ISIN: INE0NR607041
Scrip Code: 976636 ISIN: INE0NR607058
Scrip Code: 976637 ISIN: INE0NR607066
Scrip Code: 977036 ISIN: INE0NR607074
Scrip Code: 977037 ISIN: INE0NR607082
Scrip Code: 977917 ISIN: INE0NR607090
Sub.: Intimation in relation to outcome of legal proceeding involving Walayar Vadakkencherry
Expressway Private Limited, a project SPV of Cube Highways Trust
Dear Sir/Madam,
This is with reference to Regulation 23(6) of Securities and Exchange Board of India (Infrastructure Investment
Trusts) Regulations, 2014 (“InvIT Regulations”) as amended from time to time, read with the Materiality Policy
of Cube Highways Trust, as amended from time to time.
Please see below the details in relation to the outcome of legal proceedings involving Walayar Vadakkencherry
Expressway Private Limited (“WVEPL”), a project SPV of Cube Highways Trust.
Brief details of the matter:
WVEPL had invoked arbitration proceedings against National Highways Authority of India (“NHAI”) in relation
to its claim for modification of the concession period under the terms of the concession agreement.
Pursuant to arbitral award dated 21st September 2026, the Arbitral Tribunal has held that WVEPL is entitled
to an extension of the concession period by 1423 days. The Arbitral Tribunal has further held that NHAI’s
recommendation of reduction in the concession period by 1.5 years is invalid and not binding on WVEPL.
Thanking you
For Cube Highways Fund Advisors Private Limited
(acting in its capacity as Investment Manager to Cube Highways Trust)
Richa Gupta Rohatgi
Compliance Officer and Company Secretary
CC to:
Trustee to the InvIT Debt Security Trustee
Axis Trustee Services Limited Catalyst Trusteeship Limited
Axis House, P B Marg, Worli, 901, 9th Floor, Tower-B Peninsula
Mumbai, Maharashtra, India, 400025 Business Park, Senapati Bapat Marg
Lower Parel(W), Mumbai, Maharashtra-400013
CUBE HIGHWAYS FUND ADVISORS PRIVATE LIMITED
CIN: U74999DL2021FTC379941
Regd. Office: B-376, UGF, Nirman Vihar, New Delhi - 110092
Corporate Office: Unit No. 1901, 19th Floor, Tower-B, World Trade Tower, Plot No. C-1, Sector-16, Noida, U.P-201301
E-mail: - compliance.officer@cubeinvit.com, Phone: +91-120-4868300