Cube Highways Trust was settled on December 7, 2021 by Cube Highways and Transportation Assets Advisors Private Limited on the instructions of the Sponsors as a contributory irrevocable trust. The Trust was registered as an Infrastructure Investment Trust under the InvIT Regulations on April 5, 2022.The Trust is an Indian Infrastructure Investment Trust sponsored by Cube Highways and Infrastructure Pte. Ltd. and Cube Highways and Infrastructure III Pte. Ltd. (the Sponsors), established with the objective of acquiring and operating road assets in India and registered under the InvIT Regulations. Cube Highways Trust is one of Indias leading Infrastructure Investment Trust (InvIT) in the roads and highways sector and operates a group of 27 road assets with an aggregate length of 2,021 kms (8,819 lane kms) spread across 12 states. Cube Highways and Infrastructure Pte. Ltd. (CHI) and Cube Highways and Infrastructure III Pte. Ltd. (CHIII) are the sponsors of Cube InvIT and carry out investments in road and highway projects along with other select infrastructure sectors in India. The Sponsors have relevant experience in fund management in infrastructure sector and comply with the net worth requirements prescribed under the SEBI Regulations.The Cube Group is engaged in implementing the publicprivate partnership (PPP) model in the countrys highways sector to operate and manage highway projects in association with the Central and State Governments. The Cube Group is a 100% institutionallyowned platform backed by a diversified investor base, including I Squared Capital, a whollyowned subsidiary of the Abu Dhabi Investment Authority (ADIA), British Columbia Investment Management Corporation, Abu Dhabis sovereign investor and Mubadala Investment Company.The Settler has set up Cube Highways Trust, which, has acquired 100% of the issued and paidup equity share capital in each of the Project SPVs of the Initial Portfolio Assets (other than Mahua Bharatpur Expressways Limited, in which the Trust has acquired 99.97% of the Issued and PaidUp Equity Share Capital). These Project SPVs together operate 18 road assets, aggregating to 1,423.6 kilometers, located across 11 states in India. As far, the projects concerned, the Trust acquired Ghaziabad Aligarh Expressway Private Limited (GAEPL) in May, 2022, which forms a part of NH 34, a main artery of the national highways connecting North to Central India and operates a 125kilometer toll road connecting Ghaziabad with Aligarh. SalaipudhpurMadurai Tollway Limited (SMTL) formed the third part of four contiguous stretches connecting Madurai to Kanyakumari. The Trust developed an asset management and maintenance strategy based on procurement, technology and engineering capabilities which is aimed at reducing lifecycle maintenance costs.Cube Highways Trust made an Initial Offer of 522,582,727 Ordinary Units through a private placement, aggregating to Rs 5225.8 Crores, comprising 380,259,172 Ordinary Units aggregating to Rs 3802.6 Crore through Fresh Issue and by issuing 142,323,555 Ordinary Units aggregating to Rs 1423.2 Crore through Offer For Sale in April, 2023.On February 12, 2025, the Trust has acquired 100% stake in NAM Expressway Limited. The Trust issued Indias first SustainabilityLinked Bond in the road infrastructure sector, by raising the funds of Rs 860 Crores, to fund the acquisition of NAMEL.
Cube Highways Trust Share Price Today
As of 18 Oct 2025, Cube Highways Trust share price is ₹135.9. The stock opened at ₹136 and had closed at ₹136 the previous day. During today’s trading session, Cube Highways Trust share price moved between ₹135.00 and ₹135.98, with an average price for the day of ₹135.49. Over the last 52 weeks, the stock has recorded a low of ₹119.46 and a high of ₹136.00. In terms of performance, Cube Highways Trust share price has increased by 8.8% over the past six months and has increased by 9.66% over the last year.
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