StockWatch
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Road Assets–Toll, Annuity, Hybrid-Annuity
Regulatory27 Jul 2026, 11:10 pm

Cube Highways Trust Files Final Offer Document for Public InvIT Conversion

AI Summary

Cube Highways Trust, through its investment manager Cube Highways Fund Advisors Private Limited, has filed a Final Offer Document with SEBI. This filing is a crucial step towards converting the Trust from a private listed infrastructure investment trust to a public listed one. The conversion is facilitated by an offer for sale of units by existing unitholders, aiming to raise approximately ₹50,000 million. The approval for this conversion was previously obtained from the unitholders on February 20, 2026. The Final Offer Document, dated July 27, 2026, is now available on the InvIT's website.

Key Highlights

  • Cube Highways Trust is converting from private to public listed InvIT.
  • Final Offer Document filed with SEBI for the conversion.
  • Offer for sale of units by existing unitholders.
  • Targeting to raise approximately ₹50,000 million.
  • Unitholder approval for conversion received in February 2026.