Ceigall India Ltd

Ceigall India will hold a meeting of the Board of Directors of the Company on 11 November 2025.Powered by Capital Market - Live

Ceigall India announced that it has received an Arbitration Award in its favour from the Honourable Arbitral Tribunal. The award, amounting to Rs 6.61 crore along with future interest at 12% per annum effective from 9 October 2025, has been granted in connection with the company's project for 'Construction of Internal Roads, Estate Public Health Services & Campus Lighting at the Interim Airport Terminal, Halwara IAF Station, District Ludhiana (EPC Mode).' In addition to the monetary award, the Punjab Public Works Department has also been directed to release a Bank Guarantee of Rs 80 lakh provided earlier by the company.Powered by Capital Market - Live

The company was selected as the Solar Power Developer (SPD) for solar photovoltaic power generating stations with an aggregate capacity of 147 MW (AC) under the Mukhyamantri Saur Krushi Vahini Yojana 2.0. The project involves the construction of the 147 MW solar plant, with an EPC (engineering, procurement, and construction) cost of Rs 597 crore. Ceigall India will operate, maintain, and supply power for 25 years under a long-term power purchase agreement (PPA) with MSEDCL. The construction and execution phase for the project is scheduled to be completed within 18 months, followed by the 25-year operational period. Ceigall India is an infrastructure engineering, procurement, and construction (EPC) company undertaking specialized structural works such as elevated roads, flyovers, bridges, railway overbridges, tunnels, highways, expressways, and runways. The principal business operations are broadly divided into EPC projects and hybrid annuity model (HAM) projects. The company's consolidated net profit declined 33% to Rs 53.18 crore on a 1.9% rise in revenue from operations to Rs 838.18 crore in Q1 FY26 over Q1 FY25. The scrip had declined 1.27% to end at Rs 260.65 on the BSE on Friday. Powered by Capital Market - Live

Ceigall India has received Letter of Award dated 02nd October 2025 from Maharashtra State Electricity Distribution Co. for Solar Power Developer (SPD) for solar photovoltaic power generating stations of an aggregate capacity of 147 MW (AC) under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 Scheme, for setting up grid-connected solar power projects at 2 districts in the state of Maharashtra along with 25 years operational period under long term power purchase agreement. The cost of the project is Rs 597 crore. Powered by Capital Market - Live

Ceigall India has received Letter of Award dated 02 October 2025 from Maharashtra State Electricity Distribution Co. for Solar Power Developer (SPD) for solar photovoltaic power generating stations of an aggregate capacity of 190 MW (AC) under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 Scheme, for setting up grid-connected solar power projects at 4 Districts in the state of Maharashtra along with 25 years operational period under long term power purchase agreement. The cost of project is Rs 712.16 crore. Powered by Capital Market - Live

CIL-JSPPPL (JV) (Joint Venture between Ceigall India (CIL) and JSP projects (JSPPPL) constituted with CIL holding 80% share and JSPPPL holding 20% share.) has received Letter of Award (i.e.. Letter for Approval of allotment of Work) dated 24 September 2025 from Greater Mohali Area Development Authority (GMADA) for the Construction of Internal Road of Pocket B, C & D of Aerotropolis S.A.S Nagar (Civil, Public Health and Elect. Works). The cost of the project is Rs 509.20 crore. Powered by Capital Market - Live

The project includes development and construction of internal road networks within Pockets B, C, and D of Aerotropolis City, located in S.A.S Nagar. The scope of work includes comprehensive civil works for road infrastructure, along with allied public health services and electrical installations to support the urban infrastructure. The order entails a construction phase of 24 months with defect liability period of 36 months after completion of project. The project cost stood at Rs 467.93 crore while awarded cost stands at Rs 509.20 crore. Ceigall India is an infrastructure engineering, procurement, and construction (EPC) company undertaking specialized structural works such as elevated roads, flyovers, bridges, railway overbridges, tunnels, highways, expressways, and runways. The principal business operations are broadly divided into EPC projects and hybrid annuity model (HAM) projects. The company's consolidated net profit declined 33% to Rs 53.18 crore on a 1.9% rise in revenue from operations to Rs 838.18 crore in Q1 FY26 over Q1 FY25.Powered by Capital Market - Live

Ceigall India has emerged as L1 bidder in Financial Bid Opening for the following tender invited by Greater Mohali Area Development Authority (GMADA). Project - Construction of Internal Road of Pocket B, C & D of Aerotropolis SAS Nagar (Civil, PH. & Electrical works). The scope of work includes comprehensive civil works for road infrastructure, along with allied public health services and electrical installations to support the urban infrastructure. Project Cost - Rs 467.93 crore Awarded Cost - Rs 509.20 crorePowered by Capital Market - Live

Ceigall India will hold a meeting of the Board of Directors of the Company on 18 September 2025.Powered by Capital Market - Live

Ceigall India has announced its foray into the renewable energy space, securing two Letters of Intent (LOIs) from the Maharashtra State Electricity Distribution Co. (MSEDCL) for the procurement of solar power. The project, sanctioned under the flagship initiative Mukhyamantri Saur Krushi Vahini Yojana 2.0, will entail the setting up of grid-connected solar power projects at multiple locations across Maharashtra, through the procurement of 337 MW solar power against tariff based competitive bid invited by MSEDCL. Commenting on the development, Ramneek Sehgal, Chairman & Managing Director of Ceigall India , said, 'Securing Letters of Intent for solar power procurement in Maharashtra marks Ceigall's foray into the renewable energy sector ' a space that will define the future of infrastructure and sustainable development in the country. This milestone reflects our commitment to building world-class solar projects that advance India's clean energy goals while empowering communities with reliable green power. This milestone is just the beginning ' we envision Ceigall playing a leading role in India's energy transition and creating long-term value for all stakeholders.'Powered by Capital Market - Live