Ceigall India Ltd

Ceigall India Limited announced that its board approved the acquisition of 100% of the shares of Jam Khambhaliya Jamnagar Power Transmission Limited (JKJTL), a wholly owned subsidiary of REC Power Development and Consultancy Limited, for Rs 5,00,000, and a 49% equity investment in a joint venture company to be incorporated with HCC Concessions Limited, with a subscription of 4,900 equity shares for Rs 49,000. The acquisition of JKJTL is linked to a Letter of Intent received from REC Power Development and Consultancy Limited for a common transmission system project, and the joint venture will focus on infrastructure development and construction activities.

Ceigall India Limited announced that its board approved the acquisition of 100% of the shares of Jam Khambhaliya Jamnagar Power Transmission Limited (JKJTL), a wholly owned subsidiary of REC Power Development and Consultancy Limited, for Rs 5,00,000, and a 49% equity investment in a joint venture company to be incorporated with HCC Concessions Limited, with a subscription of 4,900 equity shares for Rs 49,000. The acquisition of JKJTL is linked to a Letter of Intent received from REC Power Development and Consultancy Limited for a power transmission project, and the joint venture will focus on infrastructure development and construction activities.

Ceigall India Ltd. is up 5.85% to Rs 376.6 today, adding to recent gains that have seen the stock rise 9.25% over the last one week. Ceigall India Limited has emerged as the highest bidder in a competitive bidding process through E-Reverse Auction from the Government of Bihar, Department of Mines and Geology, securing the rights to mine stone blocks in Nawada District, Lot-4 (Bhadokhara, Block-D). The contract, awarded on September 7, 2026, involves mining with a minable reserve of 4,19,300 cum per year and 20,96,500 cum over five years, with an annual value 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. Ceigall India Ltd. shares saw a trading volume of 6.22 lakh today, a surge of 37.38% above the average volume of the past week. Ceigall India Ltd. registered a strong increase of 35.25% year-over-year, outperforming the NIFTY50 index's 4.01% loss.

Ceigall India Ltd. remains at Rs 339.0, having declined 0.60% over the last week. Ceigall India Limited announced it has received a Letter of Intent (LoI) from REC Power Development and Consultancy Limited (REC PDCL) for a “Common Transmission System” project, valued at approximately Rs 5300 crores inclusive of GST, with annual transmission charges of Rs 608.67 crores over 35 years. The domestic order, awarded on September 3, 2026, involves a 765/400 kV AIS Substation with a 300 km Transmission Line and is slated for a 36-month execution period, with an operational period of 35 years; neither REC PDCL nor any related parties have any interest in Ceigall India Limited, and the transaction does not constitute a related party transaction. Ceigall India Ltd. shares saw a trading volume of 6.98 lakh today, a slight increase compared to the average one-week volume. Ceigall India Ltd. has soared by 34.17% year-over-year, outperforming the NIFTY50 index's 2.71% loss.

Ceigall India Ltd. is up 4.46% to Rs 338.8, building on recent gains and rising 8.02% over the last week. Ceigall India Limited has been selected as the L1 bidder for a significant transmission system project, securing a contract from REC Power Development and Consultancy Limited for the “Common Transmission System for evacuation of power from Lakadia (Phase -II: 7.5GW), Jam Khambhaliya (Phase -II: 5.5GW) and Jamnagar (Phase -I: 1GW) - Part-B” in Gujarat & Maharashtra. The domestic contract, awarded through a tariff-based competitive bidding process, involves a 765/400 kV AIS Substation with a 300 km transmission line and carries an annual consideration of Rs 6086.70 million for a period of 35 years, with work execution scheduled for 36 months. Ceigall India Ltd. shares saw a trading volume of 10.31 lakh today, a surge of 37.86% compared to the average volume over the last one week. Ceigall India Ltd. jumped by 37.22% year-over-year, outperforming the NIFTY50 index which experienced a 2.54% loss.

Ceigall India Ltd. is up 2.97% to Rs 323.7 today, building on recent momentum and rising 2.45% over the last one week. Ceigall India Limited, jointly with Sushee Infra & Mining Limited (holding a 74% and 26% share in the joint venture respectively), has received Letters of Acceptance (LOA) from the Ministry of Road Transport & Highways (MoRTH) for a construction contract valued at Rs 704.70 Crore (excluding GST). The contract, awarded domestically, involves the Engineering Procurement Construction (EPC) of a road from km 85.60 to km 168.00 of the Lada-Sarli section of NH-913 in Arunachal Pradesh, with a 48-month construction period and a 5-year maintenance period, as announced on August 24, 2026. Ceigall India Ltd. shares saw a trading volume of 4.84 lakh today, a surge of 188.67% compared to the average volume of the last one week. Ceigall India Ltd. surged by 28.24% year-over-year, outperforming the NIFTY50 index's 3.32% loss.

Ceigall India Ltd. is currently trading at Rs 318.45, up 1.81%, while its price has risen 0.02% over the last week. Ceigall India Limited has secured a Letter of Award (LOA) from Himachal Pradesh State Industrial Development Corporation Limited (HPSIDC) for the development of the Bulk Drug Park at Una, Himachal Pradesh, valued at Rs 225.00 crore, including GST. The project, awarded as an item-rate contract, encompasses formation cutting, internal road construction, storm water drains, a bridge, and fencing, with an execution period of 18 months. This order reinforces Ceigall India’s presence in infrastructure development and contributes to India's industrial growth, aligning with the company’s strategy of expanding its geographic reach and diversifying its project portfolio. Ceigall India Ltd. shares saw a trading volume of 2.28 lakh today, a surge of 98.15% compared to the average volume of the last one week. Ceigall India Ltd. soared by 26.12% year-over-year, outperforming the NIFTY50 index which experienced a 3.27% loss.

Ceigall India Limited announced that its Management Committee approved the creation of security for a Rupee Term Loan facility sanctioned to Ceigall Indore Ujjain Greenfield Highway Limited, a subsidiary and project special purpose vehicle, to finance a highway project. The company will also further invest in the Project SPV through equity share capital and loans, with an initial infusion of Rs 29.44 crore, representing 74% ownership, alongside Ceigall Infra Projects Private Limited, a wholly-owned subsidiary, which will hold 26%.

Ceigall India Limited announced that its Management Committee approved the creation of security for a Rupee Term Loan facility sanctioned to Ceigall Indore Ujjain Greenfield Highway Limited, a subsidiary and project special purpose vehicle, and further investment in the Project SPV through equity share capital and loans. The company will infuse Rs 29.44 crore in the form of equity share capital, alongside Ceigall Infra Projects Private Limited, to acquire 74% of Ceigall Indore Ujjain Greenfield Highway Limited, incorporated on January 15, 2026, which has a line of business in infrastructure development and a turnover of Rs 0.40 lakh for the fiscal year ended March 31, 2026.

Ceigall India Ltd. currently trades at Rs 312.3, up 1.02%, while the stock has declined 2.21% over the last one week. Ceigall India Limited announced that it, jointly with Rajinder Infrastructure Private Limited (with a 70% stake for CIL and 30% for RIPL), has received a Letter of Acceptance from the Ministry of Road Transport & Highways for a construction project valued at Rs 274.08 Crore (excluding GST). The project involves the construction of a road from km 17.812 to km 55.377 (Package-2) of the Bile-Migging section of NH-913 in Arunachal Pradesh, utilizing an Engineering Procurement Construction (EPC) model, with a 48-month construction period and a 5-year maintenance period. Trading volume reached 2.84 lakh shares today, a decrease of 17.87% compared to the average volume over the past week. Ceigall India Ltd. rose by 20.31% year-over-year, outperforming the 2.9% loss recorded by the NIFTY50 index.