Initial offer by Cube Highways Trust (the "Trust") of 522,582,727 ordinary units through a private placement at a price of Rs. 100 per ordinary unit (the "Offer Price"), aggregating to Rs. 5225.83 crores (the "Offer").* The offer comprises a fresh issue of 380,259,172 ordinary units aggregating to
Rs. 3802.59 crores by the trust (the "Fresh Issue") and an offer for sale of 142,323,555 ordinary units aggregating to Rs. 1423.24 crores by the selling unitholders comprising of: (i) 59,690,223 ordinary units aggregating to
Rs. 596.90 crores by ch-i; (ii) 16,526,666 ordinary units aggregating to
Rs. 165.27 crores by ch-ii; and (iii) 66,106,666 ordinary units aggregating to Rs. 661.07 crores by ch-iii (the "Offer for Sale").
The offer price is Rs. 100 per ordinary unit.
*Subject to allotment of ordinary units by the board of directors of the investment manager
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