Cube Highways Trust has informed the Exchange regarding Credit rating Review on 17/08/2026

Date: August 18, 2026 Listing Department Listing Department BSE Limited National Stock Exchange of India Limited 20th Floor, P. J. Towers Exchange Plaza, C-1, Block-G Dalal Street, Mumbai – 400 001 Bandra-Kurla Complex, Bandra (E) Units: Mumbai - 400 051 Scrip Code: 543899 ISIN: INE0NR623014 Symbol: CUBEINVIT Non-convertible debentures: Scrip Code: 974936 ISIN: INE0NR607017 Scrip Code: 975770 ISIN: INE0NR607025 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 regarding Credit Rating of Cube Highways Trust Dear Sir/Ma’am, Pursuant to the provisions of Regulation 23 of Securities and Exchange Board of India (SEBI) (Infrastructure Investment Trusts) Regulations, 2014, read with SEBI Master Circular no. SEBI/HO/DDHS-PoD-2/P/CIR/2025/102 dated July 11, 2025, and Regulation 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in each case as amended from time to time, we wish to inform you that following credit rating(s) have been received: Sr. No. Name of Credit Particulars Size of the issue Ratings and Outlook Rating Agency (In Crore) 1. Term loan 5622.69 IND AAA/Stable; affirmed 2. Term Loan 413.90 IND AAA/Stable; affirmed 3. Term Loan 645.40 IND AAA/Stable; affirmed 4. Term Loan 1,382.99 IND AAA/Stable; affirmed 5. Bank Guarantee 100.00 IND AAA/Stable; affirmed 6. Bank Guarantee 150.00 IND AAA/Stable; India Ratings & affirmed 7. Research Non-Convertible Debentures 1,030.00 IND AAA/Stable; affirmed 8. Non-Convertible Debentures* 648.00 Withdrawn 9. Non-Convertible Debentures 552.00 IND AAA/Stable; affirmed 10. Non-Convertible Debentures 600.00 IND AAA/Stable; affirmed 11. Non-Convertible Debentures 420.00 IND AAA/Stable; affirmed 12. Non-Convertible Debentures 400.00 IND AAA/Stable; affirmed 13. Non-Convertible Debentures 600.00 IND AAA/Stable; affirmed 14. Commercial Paper** 1350.00 Withdrawn CUBE HIGHWAYS FUND ADVISORS PRIVATE LIMITED CIN: U74999DL2021FTC379941 Regd.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 *Pursuant to the call notice, all the outstanding payments have been duly made under ISIN INE0NR607025. ** The CPs have been paid in full. We enclose herewith a credit rating letter issued by the rating agency for your information. Request to take the same on record. For Cube Highways Fund Advisors Private Limited (acting in its capacity as Investment Manager to Cube Highways Trust) Richa Gupta Rohatgi Company Secretary and Compliance Officer Encl: As above 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 Business Park, Senapati Mumbai, Maharashtra, India, 400025 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 Mr. Saurabh Bansal Vice President - Cube Highways Fund Advisors Private Limited (IM of CHT) CUBE HIGHWAYS TRUST Unit No.1901, 19th Floor, Tower B, World Trade Tower, Plot No.C-1, Sector 16, Noida-201301 August 17, 2026 Dear Sir/Madam, Re: Rating Letter for BLR & NCD of CUBE HIGHWAYS TRUST India Ratings and Research (Ind-Ra) has taken the following rating actions on Cube Highways Trust (CHT) and its debt instruments: Instrument Regulator of Date of Coupon Maturity Size of Issue Rating Assigned Rating Description Instrument Issuance Rate (%) Date (INR along with Action million) Watch/Outlook Issuer rating# - - - - - IND AAA/Stable Affirmed Non-convertible Refer ISIN - - - 36,020 IND AAA/Stable Affirmed debentures annexure (reduced from 42,550) Bank loan facilities RBI - - - 83,150 IND AAA/Stable Affirmed # There is no instrument being rated and hence, Regulator of the Instrument is not applicable. 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