Ceigall India Limited , a prominent player in the infrastructure sector, has made significant strategic moves to expand its portfolio and support the revival of a construction company. The company's board of directors has approved two major decisions that are set to impact its future operations and investments.

₹50 Crore Convertible Loan to C&C Constructions

In a bold move to assist in the revival of C&C Constructions Limited (CCCL), Ceigall India's board has approved a ₹50.00 crore convertible loan in the form of an Inter-Corporate Deposit (ICD). This decision comes as part of a revised strategy, replacing an earlier proposal to acquire CCCL through a merger with Ceigall Infra Projects Private Limited (CIPPL), a wholly-owned subsidiary of Ceigall India.

Key points of the agreement include:

• The loan is secured and convertible into equity shares of CCCL.
• Upon approval from the National Company Law Tribunal (NCLT), Ceigall India is expected to initially hold up to 94% shareholding in CCCL.
• Ceigall India plans to eventually reduce its stake to 75%, in compliance with SEBI regulations and the IBC Code.

This strategic move is aimed at providing financial assistance for the revival of C&C Constructions, which was previously under liquidation.

74% Stake Investment in Highway Project SPV

In another significant development, Ceigall India's board has approved a 74% stake investment in Ceigall Southern Ludhiana Bypass Private Limited, a Special Purpose Vehicle (SPV) for a major highway project. The details of this investment include:

• The SPV was incorporated on July 11, 2022, for a project under the Hybrid Annuity Model (HAM).
• The project involves the construction of a Six-Lane Greenfield Southern Ludhiana Bypass, spanning from NH-44 near Village Rajgarh to the Delhi-Katra Expressway (NE-5) near Village Ballowal.
• Ceigall India will invest up to ₹19.37 crore in equity shares of the SPV at a face value of ₹10.00 per share.
• The investment will be made in tranches as per the project's fund requirements.

This move aligns with Ceigall India's core business of infrastructure construction and strengthens its position in the highway development sector.

Implications and Outlook

These strategic decisions by Ceigall India's board reflect the company's commitment to growth and its willingness to support struggling entities in the construction sector. The convertible loan to C&C Constructions could potentially lead to Ceigall India becoming a major stakeholder in the company, subject to NCLT approval. Meanwhile, the investment in the highway project SPV demonstrates Ceigall India's focus on expanding its infrastructure portfolio, particularly in HAM projects.

Investors and market watchers will be keenly observing how these moves impact Ceigall India's financial performance and market position in the coming quarters. The company's ability to successfully revive C&C Constructions and execute the Ludhiana Bypass project will be critical factors in determining the long-term benefits of these strategic decisions.

As per the company's disclosure, the trading window for Ceigall India's securities will reopen on September 22, 2025, allowing designated persons to resume trading activities.

Ceigall India Limited, a prominent player in the Indian market, has taken a significant step to enhance its investor relations strategy. The company recently announced the appointment of Ernst & Young LLP to provide Investor Relations Consulting Services, effective immediately.

Key Details of the Appointment

Regulatory Compliance

The company has adhered to regulatory requirements by disclosing this development under Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This move demonstrates Ceigall India Limited's commitment to transparency and compliance with stock exchange regulations.

Impact on Investor Relations

The engagement of Ernst & Young LLP, a globally recognized professional services firm, signifies Ceigall India Limited's focus on strengthening its investor relations capabilities. This strategic partnership is expected to enhance the company's communication with its stakeholders and potentially improve its market presence.

Company's Statement

Megha Kainth, Company Secretary of Ceigall India Limited, confirmed the appointment in an official communication to the stock exchanges. The company has also made this information available on its official website ( www.ceigall.com ), ensuring easy access for investors and other interested parties.

Market Information

This appointment underscores Ceigall India Limited's proactive approach to investor relations and its commitment to fostering strong relationships with its stakeholders.