Ceigall India Ltd

Ceigall India Limited announced that its Management Committee approved a further investment of Rs 86.32 crore in its step-down subsidiary, Ceigall Ambala Chandigarh Zirakpur Limited, a project special purpose vehicle incorporated on April 28, 2026, to execute an infrastructure development project for the construction of a 10.300 km spur connectivity in Punjab, awarded by the National Highways Authority of India; the investment will comprise Rs 17.26 crore in equity share capital and Rs 69.06 crore as unsecured loans.

Ceigall India Limited announced that its Management Committee approved a further investment of Rs 86.32 crore in its step-down subsidiary, Ceigall Ambala Chandigarh Zirakpur Limited, a project special purpose vehicle incorporated on April 28, 2026, to execute an infrastructure development project for the construction of a 10.300 km spur connectivity in Punjab, awarded by the National Highways Authority of India; the investment will comprise Rs 17.26 crore in equity share capital and Rs 69.06 crore as an unsecured loan.

Ceigall India Limited will seek shareholder approval to raise funds through the issue of equity shares and/or other securities, including convertible instruments and debt, via public or private placement, or offshore offerings, in one or more tranches, the company informed the BSE Limited and National Stock Exchange of India Limited on November 2, 2026.

Ceigall India Limited will hold a board meeting on November 5, 2026, to consider and approve the unaudited financial results for the quarter and half year ended September 30, 2026, and the trading window for insiders has been closed from October 1, 2026, and will remain closed until 48 hours after the results are declared.

Ceigall India Limited will hold a board meeting on November 5, 2026, to consider and approve the unaudited financial results for the quarter and half year ended September 30, 2026, and the trading window for insiders has been closed from October 1, 2026, and will remain closed until 48 hours after the results are declared.

Ceigall India Limited announced it has entered into a Share Purchase Agreement with REC Power Development and Consultancy Limited to acquire 100% equity shares of Jam Khambhaliya Jamnagar Power Transmission Limited, which has subsequently become a wholly owned subsidiary of Ceigall India Limited. The aggregate consideration for the acquisition was Rs 18,39,86,174, inclusive of a subscription cost of Rs 5,00,000, and the acquisition is linked to a Letter of Intent received from REC Power Development and Consultancy Limited for a power transmission project.

Ceigall India Limited submitted a certificate to the BSE Limited and National Stock Exchange of India Limited, confirming receipt of a confirmation certificate from MUFG Intime India Private Limited, formerly Link Intime India Private Limited, the company’s Registrar and Share Transfer Agent (RTA), for the quarter ended September 30, 2026, in compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018.

Ceigall India Limited announced appointments and re-appointments to its board following its 24th Annual General Meeting on September 29, 2026. Vishal Anand and Gurpreet Kaur were re-appointed as Non-Executive Independent Directors for five-year terms, while Ankit Kumar Agarwal was appointed as a Director and Non-Executive Independent Director for a five-year term. Additionally, Ayyalusamy Saravanan and Dr. Pawan Kumar were appointed as Whole Time Directors for terms of two and five years respectively.

Ceigall India Ltd. remains unchanged at Rs 376.95, after declining 3.06% over the last week. Ceigall India Limited has received a Letter of Intent from the Government of Bihar's Department of Mines and Geology for the allotment/leasing of stone blocks in Nawada District (Lot-4, Bhadokhara, Block-D) through a competitive bidding process. The project, involving the mining of stone blocks, has a minable reserve of 4,19,300 cum per year and 20,96,500 cum over five years, with an annual consideration of Rs 28.82 crore, increasing by 20% each year, resulting in a total cumulative value of Rs 214.52 crore (excluding GST and other taxes). The company confirmed that neither promoters, promoter groups, or group companies have any interest in the awarding entity, and the contract does not constitute a related party transaction. Ceigall India Ltd. shares saw a trading volume of 58721 today, a decrease of 90.38% from the one-week average volume. Ceigall India Ltd. surged by 43.93% year-over-year, outperforming the NIFTY50 index's 7.79% loss.

Ceigall India Limited announced that its Management Committee approved the creation of security for a Rupee Term Loan facility for its subsidiary, Ceigall Sahebganj Bettiah Highway Limited, a project special purpose vehicle for a highway construction project in Bihar. The company will also further invest in the Project SPV through equity share capital and loans, with an initial infusion of Rs 61,93,00,000, representing 74% ownership, alongside Ceigall Infra Projects Private Limited, which will hold the remaining 26%.