Ceigall India Limited has received the Letter of Acceptance (LOA) dated 4th May 2026 from the Water Resources Department, Punjab, Ropar, for a de-silting contract worth Rs. 14.12 Lacs. This development follows the company's earlier announcement on 30th April 2026, wherein it had emerged as the H1 bidder in the financial bid opening for Tender ID: 2026_WR_162703_4. The intimation has been made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Contract Details and Scope

The awarded contract involves de-silting work of the Abohar Branch between RD 0-69500. The project is structured as a quantity-based contract with specific terms governing execution and material usage.

Financial and Operational Terms

The contract includes several key financial and operational provisions that will govern project execution:

• Royalty Payment: Rs. 3.5 per Cubic Feet (CFt) payable to Government of Punjab, Water Resource Department, Abohar
• Material Utilization: De-silted material from the work to be used for filling purpose in adjoining projects
• Contract Nature: Domestic entity award

Regulatory Compliance

The company has confirmed that this contract does not involve any related party transactions. Additionally, the promoter, promoter group, or group companies have no interest in the entity that awarded the contract. The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circulars dated January 30, 2026.

Strategic Significance

This contract award represents Ceigall India's continued participation in infrastructure development projects across Punjab. The de-silting work aligns with the company's expertise in water resource management and infrastructure development. The 20-day execution timeline underscores the project's focused scope, while the quantity-based structure and provision for utilizing de-silted material in adjoining projects indicate efficient resource management.

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.

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.