Ceigall India Ltd

Ceigall Infra Projects, a wholly owned subsidiary of Ceigall India, has emerged as the L1 bidder in the financial bid from Madhya Pradesh Road Development Corporation for 'Construction of Indore Ujjain Green field (Access Control) 4 lane with paved shoulder project highway (length 48.10 Km.) Starting from Km. 0.000 near Pitra Parvat and terminating at Km. 48.100 (Simhastha bypass km 2.600) on Hybrid Annuity Mode (HAM). The bid project cost is Rs 1089 crore. Powered by Capital Market - Live

The scope of work includes construction of Indore-Ujjain greenfield (access control) four-lane highway with paved shoulder over a 48.10 km stretch, starting from Km. 0.000 near Pitra Parvat to Km. 48.100 (Simhastha bypass km 2.600) under the Hybrid Annuity Mode (HAM). The said contract is valued at Rs 1,089 crore and is expected to be completed within 24 months from the date of appointment. 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. On a consolidated basis, net profit of Ceigall India declined 13.86% to Rs 57.99 crore while net sales rose 4.45% to Rs 806.57 crore in Q2 September 2025 over Q2 September 2024.Powered by Capital Market - Live

Ceigall India has received Letter of Acceptance from Office of Executive Engineer Drainage Cum Mining and Geology Ropar Division WRD Punjab for Desilting of Siswan Nadi to save the abadies and c/land of Village Dulchi Majra to Khizarpur of Tehsil Shri Chamkaur Sahib, District Ropar. The value of the project is Rs 12.185 crore. Powered by Capital Market - Live

Ceigall India has received a Letter of Intent (LOI) from REC Power Development and Consultancy (RECPDCL) for the establishment of a 400/220 kV Gas Insulated Substation (GIS) in Velgaon, Maharashtra, under the Tariff Based Competitive Bidding (TBCB) mechanism. The LOI marks a major milestone in strengthening the company's footprint in the high-voltage power transmission sector. The Velgaon GIS project will be completed over a two-year period, followed by a 35-year operation and maintenance term. The company informed that Rs 58.5 crore is the annuity per year for 35 years, against EPC cost of approx. Rs 450 crore. This means long-term recurring cash flows (via PPA) and a stable asset base, which complements more transactional EPC business. By stepping into power transmission and distribution, Ceigall is positioning itself as not just a builder, but as a sustainable infrastructure company. Powered by Capital Market - Live

In an exchange filing, Ceigall said it received the LoI on 23 November 2025 from REC Power Development and Consultancy Limited (RECPDCL). The project has been awarded through the Tariff Based Competitive Bidding (TBCB) route. The scope includes establishing the Velgaon substation and operating it for 35 years. The company must submit a contract performance guarantee of Rs 9.35 crore within 10 days of the LOI. The execution period is 24 months from the effective date. The company informed that Rs 58.5 crore is the annuity per year for 35 years, against EPC cost of approx. Rs 450 crore. Ceigall said the awarding entity is a domestic organisation and confirmed that the transaction does not fall under related-party dealings. The promoters do not hold any interest in RECPDCL. 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. On a consolidated basis, net profit of Ceigall India declined 13.86% to Rs 57.99 crore while net sales rose 4.45% to Rs 806.57 crore in Q2 September 2025 over Q2 September 2024. Powered by Capital Market - Live

Ceigall India announced that Ceigall Global has been successfully incorporated under the laws of Singapore and registered with the Accounting and Corporate Regulatory Authority (ACRA), Singapore. Ceigall Global shall strategically invest in infrastructure and allied activities including exploring potential acquisitions, tie-ups, or joint ventures in Singapore, as well as investment opportunities across the globe. The scope of infrastructure activities will also encompass road and railway construction, along with other related development sectors. Powered by Capital Market - Live

Net profit of Ceigall India declined 13.86% to Rs 57.99 crore in the quarter ended September 2025 as against Rs 67.32 crore during the previous quarter ended September 2024. Sales rose 4.45% to Rs 806.57 crore in the quarter ended September 2025 as against Rs 772.19 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales806.57772.19 4 OPM %14.0915.93 - PBDT92.99102.27 -9 PBT77.2388.20 -12 NP57.9967.32 -14 Powered by Capital Market - Live

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