Cube Highways Trust block deal: 4.5 crore units change hands
In short
Cube Highways Trust was in a block deal on Monday, with Seventy Second Investment Company LLC set to sell up to 44.97 million units, or 3.35%, for ₹688.1 crore. The floor price was ₹153 per unit.
This matters because large unit sales can move the price and change who owns the trust. The reporting does not confirm the final sale size or the buyer.
What the reporting says
Cube Highways Trust saw a block deal in which Seventy Second Investment Company LLC was reported set to sell up to 44.97 million units, or a 3.35% stake, for ₹688.1 crore. The floor price was set at ₹153 per unit, according to sources cited by CNBC-TV18 on Monday. The available reporting does not confirm whether the sale was completed or who the buyer was.
Why it matters
Cube Highways Trust was the subject of a reported block deal on Monday, with Seventy Second Investment Company LLC set to sell up to 44.97 million units, equal to a 3.35% stake, for ₹688.1 crore. CNBC-TV18 sources said the floor price was ₹153 per unit. The reporting does not confirm execution, buyer identity, or any resulting price reaction.