Ceigall India Limited has announced the appointment of Adfactors PR Private Limited as its Investor Relations agency, effective January 16, 2026. The appointment was made in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015, and represents a continuation of the company's earlier intimation dated September 17, 2025.

Appointment Details

The company has formally notified both BSE and NSE about this corporate development through official communications. Company Secretary Megha Kainth signed the regulatory filing, ensuring compliance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Agreement Structure

The appointment follows standard corporate governance practices with clear terms and conditions. The agreement is structured as a professional service engagement without any complex financial arrangements or ownership implications.

Regulatory Compliance

The company has ensured full transparency in this appointment by providing comprehensive disclosures as required under SEBI regulations. The agreement does not involve any potential conflicts of interest, nominee director appointments, or complex corporate arrangements.

Key compliance aspects include:

• No arm's length transaction concerns
• No impact on capital structure
• Standard service provider engagement
• Full regulatory disclosure completed

Corporate Communication

Ceigall India Limited has updated its official website at www.ceigall.com with this information, ensuring stakeholder awareness. The company maintains its corporate office in Gurugram, Haryana, and registered office in Ludhiana, Punjab, with established communication channels for investor queries.

This appointment reflects the company's commitment to maintaining professional investor relations services and adhering to regulatory requirements for listed entities on Indian stock exchanges.

Ceigall India Limited's Management Committee has announced two major corporate decisions that will reshape the company's subsidiary structure and project portfolio. The decisions were made during a committee meeting held on January 13, 2026, demonstrating the company's strategic approach to asset optimization and project expansion.

Subsidiary Stake Sale Authorization

The Management Committee has authorized the execution of a non-binding offer letter received from an Asset Management Company for the complete divestment of Ceigall Malout Abohar Sadhuwali Highways Private Limited. The proposed transaction involves the sale of 100% equity stake held in this step-down subsidiary of the company.

The proposed transaction remains subject to several conditions including completion of due diligence, negotiation and execution of definitive agreements, and receipt of requisite regulatory, statutory, lender and other approvals as applicable. The company has indicated that detailed disclosures in accordance with Regulation 30 of SEBI regulations will be submitted once definitive agreements are executed between the parties.

New SPV Incorporation Approved

Simultaneously, the Management Committee approved the incorporation of a new project Special Purpose Vehicle named "Ceigall Indore Ujjain Greenfield Highway Limited" as a subsidiary of the company. This SPV will serve as the implementation vehicle for a significant highway construction project.

Highway Project Details

The new SPV will implement a project awarded by Madhya Pradesh Road Development Corporation Limited for the construction of Indore Ujjain Greenfield highway. The project specifications include:

• Project Type: Access Control 4 lane with paved shoulder
• Length: 48.10 kilometers
• Route: Starting from Km. 0.000 near Pitra Parvat and terminating at Km. 48.100 (Simhastha bypass km 2.600)
• Implementation Mode: Hybrid Annuity Mode (HAM)

This incorporation follows the company's earlier communications, including an intimation dated January 2, 2026, regarding the SPV incorporation and December 28, 2025, regarding the project award receipt by Ceigall Infra Projects Private Limited, a wholly owned subsidiary.

Corporate Governance and Compliance

The Management Committee meeting was conducted with proper governance protocols, commencing at 10:00 AM IST and concluding at 10:40 AM IST on January 13, 2026. The company has also announced that its trading window for securities dealing is closed with effect from January 1, 2026, and will remain closed until 48 hours after the declaration of unaudited financial results for the quarter and nine months ended December 31, 2025.

These strategic decisions reflect Ceigall India's continued focus on optimizing its subsidiary portfolio while expanding its infrastructure development capabilities through new project acquisitions and dedicated SPV structures.