Cube Highways Expands with a Rs 7.17 Bn Infra Move

13 Feb 2025 CW Team

In a significant expansion drive, Cube Highways Trust has completed the 100% acquisition of N.A.M. Expressway Limited for Rs 7.17 billion, following the Share Purchase Agreement signed on June 4, 2024. This acquisition reinforces Cube Highways' dominance in India's roads and highways sector.

Company Overview

Cube Highways Trust is a SEBI-registered Infrastructure Investment Trust (InvIT), specialising in road infrastructure projects. It is one of India’s largest InvITs, managing 25 road assets across 12 states.

Business Operations & Revenue Model

The company operates a total road length of 1,940 km with 8,450 lane km and 27 toll plazas. Revenue sources include:

Toll collections: 79%
Annuity-based payments: 21%

Cube Highways continues to expand through strategic acquisitions, with the N.A.M. Expressway deal marking another milestone in its growth trajectory.

Expanding Road Asset Portfolio

Cube Highways’ extensive Build-Operate-Transfer (BOT) projects include:

Jaipur Mahua Tollway
Western UP Tollway
Nelamangala Devihalli Expressway

Additionally, its annuity-based assets feature:

Andhra Pradesh Expressway
Mangalwedha Solapur Highways

Global Backing & Investment Strategy

The company is backed by renowned global investors, including:

I Squared Capital
Abu Dhabi Investment Authority (ADIA)
British Columbia Investment Management Corporation
Mubadala Investment Company

Infrastructure Urban

12 May 2026

Blue Dart posts revenue growth in FY26 on e-commerce and B2B demand

Blue Dart Express Limited, South Asia’s express air and integrated transportation and distribution company, has reported year-on-year growth in revenue for the financial year ended March 31, 2026, driven by strong momentum in e-commerce shipments and B2B surface express solutions.Announcing its financial results after the Board Meeting held in Mumbai, the company said revenue from operations rose to Rs 6,141 crore in FY2025–26, compared to Rs 5,720 crore in FY2024–25. Profit after tax for the year stood at Rs 240 crore.For the quarter ended March 31, 2026, Blue Dart reported revenue from..

Terex launches TRAC vibration analysis system

Terex®, a global provider of specialised equipment solutions, has launched TRAC, a new vibration analysis system designed to deliver deeper insight into the performance, condition and long-term structural integrity of screening equipment.Announced in Hosur on May 11, 2026, the TRAC system is now available across screening equipment offered under Terex Materials Processing (MP) brands, including Powerscreen®, Finlay®, EvoQuip®, MDS®, Terex® Washing Systems, Terex® MPS (Cedarapids®, Simplicity®), MAGNA™ and Terex® Ecotec.Developed specifically for vibratory screening equipment by Ter..

ADIO partners Motherson to set up large automotive components hub in KEZAD

The Abu Dhabi Investment Office (ADIO) has announced its support for Samvardhana Motherson International Limited’s (Motherson) new manufacturing hub in Abu Dhabi, marking a major step in strengthening the emirate’s position as a global centre for advanced manufacturing and automotive supply chains.ADIO said the partnership aligns with its strategy to accelerate high-value industrial investments and build resilient supply chains across priority sectors, further reinforcing Abu Dhabi’s competitiveness as a regional and global manufacturing and export hub.Under the partnership, a large-scal..