Ceigall India JV Wins ₹918-Crore Jaipur Metro Phase-II Construction Contract

ceigall india , through its joint venture CIL-SAM India JV, has received a Letter of Acceptance (LOA) from Jaipur Metro Rail Corporation Ltd for the design and construction package under Jaipur Metro Phase-II MRTS. The LOA was issued on 1st May 2026, vide letter dated 30th April 2026, as per the intimation submitted to stock exchanges on 2nd May 2026.

The joint venture comprises Ceigall India Limited with a 74% stake and SAM India Builtwell Pvt. Ltd. with a 26% stake. The contract has been awarded by a domestic entity and follows the EPC and Item Rate mode of contract.

Project Details

The awarded contract involves the design and construction of an elevated viaduct and ten elevated metro stations (excluding architectural finishing) spanning from chainage -600 m to 11,400 m, including a spur line towards the depot. The project forms part of Jaipur Metro's Phase-II expansion and covers a total length of 10.8 km.

Parameter	Details
Contract Value	₹918.04 Crores (inclusive of 18% GST)
Execution Period	34 Months
Contract Mode	EPC & Item Rate
Project Length	10.8 km

Station Locations

The ten stations under the package are Prahladpura, Manpura, Bilwa Kalan, Bilwa, Goner Mod, Sitapura, JECC, Kumbha Marg, Haldighati Gate, and Pinjrapole Gaushala.

Commenting on the development, Ramneek Sehgal, Chairman & Managing Director, Ceigall India Limited, said "Winning this Jaipur Metro Phase-II package marks an important milestone for Ceigall as we continue to diversify our infrastructure portfolio beyond roads and highways into urban mobility projects. Metro rail infrastructure is central to India's sustainable urban development agenda, and we are proud to contribute to Jaipur's next phase of modern transit connectivity. We remain committed to delivering the project with the highest standards of quality, safety, and timely execution."

This order further strengthens Ceigall India's order book and reinforces its growing presence across multiple infrastructure segments, including highways, railways, and urban transit systems.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.05%	+3.47%	+26.40%	+40.12%	+31.15%	-9.75%

Ceigall India Limited has announced an earnings call scheduled for May 7, 2026, at 5:00 PM IST to discuss the audited financial results (Standalone and Consolidated) for the quarter and year ended March 31, 2026. The announcement was made on April 30, 2026, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Management Participation

The earnings call will feature key management representatives who will address analysts and investors regarding the company's Q4 and FY26 financial performance:

Management Representative:	Designation
Mr. Ramneek Sehgal	Chairman & Managing Director
Mr. Kapil Aggarwal	Chief Financial Officer
Mr. Akshay Jain	Vice President (Strategy & Planning)

Dial-In Details

Participants can join the earnings call through multiple access options:

Access Method:	Details
Universal Dial In	+91 22 6280 1102, +91 22 7115 8003
UK	08081011573
USA	18667462133
Singapore	8001012045
Hong Kong	800964448
Diamond Pass Link	Available for registered participants

The company has also provided international toll-free numbers for global participants to ensure broader accessibility.

Corporate Communication

The announcement was signed by Megha Kainth, Company Secretary (ICSI Membership No: F7639), and has been communicated to both BSE Limited and National Stock Exchange of India Limited. The company operates with its corporate office in Gurugram, Haryana, and registered office in Ludhiana, Punjab.

For additional information regarding the earnings call, stakeholders may contact Adfactors PR Pvt. Ltd. through their designated representatives Mohit Upadhyay and Mousami Chavan. The complete details are also available on the company's official website at www.ceigall.com .