BSEGeneral15 Sept 2026 · 15 Sept 2026, 06:30 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 expiry of the concession period for Andhra Pradesh Expressway Private Limited, a project SPV, and the initiation of the handover process to NHAI.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk6/10
Liquidity Impact8/10
Market Sentiment5/10

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Cube Highways Trust - 543899 - Reg 23(5)(i): Disclosure of material issue

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Date: September 15, 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 of expiry of concession period and initiation of handover process in respect of Andhra Pradesh Expressway Private Limited, a project SPV of Cube Highways Trust Dear Sir/Madam, This is with reference to Regulation 23 of Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014 (“InvIT Regulations”) as amended from time to time, please note that the concession period for one of our Special Purpose Vehicles of Cube Highways Trust (“Trust”), namely, Andhra Pradesh Expressway Private Limited (“APEPL or Project SPV”), has expired on September 14, 2026 at 23:59:59 Hrs, in accordance with the Concession Agreement signed by and between the Project SPV and National Highways Authority of India (“NHAI”). APEPL has initiated the contractual handover process of the project to NHAI, in accordance with the terms of the Concession Agreement. Pursuant to Regulation 2(1)(zy)(ii) of the SEBI InvIT Regulations, read with SEBI circular dated May 15, 2026, APEPL will continue to be classified as a SPV, subject to fulfilment of the prescribed conditions. The Investment Manager is evaluating the permissible options for APEPL and will implement the selected course within the applicable regulatory timelines, subject to requisite approvals. Brief details of the Project SPV APEPL is a private limited company incorporated on November 11, 2005, under the erstwhile Companies Act, 1956 (CIN: U63031DL2005PTC349200). APEPL was originally incorporated as “Andhra Pradesh Expressway Limited” a public limited company. Subsequently, it converted into a private limited company, and a fresh certificate of incorporation dated April 23, 2025, was issued. On March 20, 2006, the NHAI and APEPL entered in a concession agreement whereby it was engaged for NH-44 (erstwhile NH 7), between Kothakota in Telangana and Kurnool in Andhra Pradesh (from km. 136+077 in Kothakota to km. 210+699 in Kurnool) in the state of Telangana on Hybrid Annuity Model. You are requested to kindly take the same on record. 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 CUBE HIGHWAYS FUND ADVISORS PRIVATE LIMITED CIN: U74999DL2021FTC379941 Regd. O(cid:431)ice: B-376, UGF, Nirman Vihar, New Delhi - 110092 Corporate O(cid:431)ice: Unit No. 1901, 19th Floor, Tower-B, World Trade Tower, Plot No. C-1, Sector-16, Noida, U.P-201301 E-mail: - compliance.o(cid:431)icer@cubeinvit.com, Phone: +91-120-4868300 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. O(cid:431)ice: B-376, UGF, Nirman Vihar, New Delhi - 110092 Corporate O(cid:431)ice: Unit No. 1901, 19th Floor, Tower-B, World Trade Tower, Plot No. C-1, Sector-16, Noida, U.P-201301 E-mail: - compliance.o(cid:431)icer@cubeinvit.com, Phone: +91-120-4868300