Cube Highways Trust Executes Share Purchase Agreements for Major Asset Acquisitions
Cube Highways Trust (Cube InvIT) has executed definitive Share Purchase Agreements (SPAs) aimed at acquiring several Special Purpose Vehicles (SPVs). The agreements, finalized on July 13, 2026, cover the acquisition of key assets in the infrastructure sector.Under the SPAs, Cube InvIT is set to acquire the entire issued, subscribed and paid-up share capital of three entities: Baharampore-Farakka Highways Limited, Devanahalli Tollway Private Limited, and Chenani Nashri Tunnelway Limited.
Additionally, the Trust intends to acquire at least 95% of the issued, subscribed and paid-up equity share capital, on a fully diluted basis, of Western M P Infrastructure and Toll Roads Private Limited.
The proposed acquisitions are subject to several stipulations detailed in the respective SPAs. Completion is contingent upon obtaining necessary approvals, satisfying applicable conditions precedent, and completing specified closing actions.
CUBEINVIT Stock Price Movement
Cube Highways Trust shares settled today at ₹157, closing with a flat performance after the day's trading session. The equity maintained steady levels throughout the market activity, recording no percentage change.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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