Ceigall India Limited has announced the successful incorporation of its step-down subsidiary in Dubai, UAE, marking a significant milestone in the company's international expansion strategy. The new entity, Ceigall EPC Global Contracting LLC, was incorporated on February 12, 2026, under the laws of Dubai UAE with approval from the Department of Economic Development – DED, Emirates of Dubai.

Corporate Structure and Investment Details

The Dubai subsidiary represents a strategic step-down structure within Ceigall India's international operations. The entity will be wholly owned by Ceigall Global Pte. Ltd., which itself is a wholly-owned subsidiary of Ceigall India Limited, established earlier in Singapore following board approvals in November 2025.

Business Operations and Services

The newly incorporated subsidiary will operate in the infrastructure industry, focusing on comprehensive contracting and construction services. Ceigall EPC Global Contracting LLC will strategically invest in general contracting and infrastructure works across multiple sectors.

The company's service portfolio includes:

• Building and road contracting
• Sewage and drainage systems
• Water pipelines and stations
• Electric power lines contracting
• Bridges construction and maintenance
• Power stations contracting and repairing

Regulatory Compliance and Structure

The incorporation follows all regulatory requirements under Dubai UAE laws and has received necessary approvals from local authorities. The investment structure involves subscription to share capital by the Singapore-based parent entity, Ceigall Global Pte. Ltd.

Strategic Market Positioning

The Dubai subsidiary positions Ceigall India to deliver reliable and high-quality construction solutions for both public and private sector projects in the UAE market. This expansion builds upon the company's earlier international presence through its Singapore operations, creating a comprehensive platform for regional growth in infrastructure and construction services.

The incorporation was communicated to stock exchanges on February 13, 2026, in compliance with Regulation 30 of SEBI Listing Regulations, demonstrating the company's commitment to transparent corporate governance and regulatory compliance.

Ceigall India Limited announced that its wholly owned subsidiary, Ceigall Infra Projects Private Limited, has secured a significant highway construction contract from the National Highways Authority of India (NHAI). The Letter of Award, dated February 11, 2026, represents a major infrastructure project worth ₹2,160 crore in Bihar state.

Project Overview

The awarded project involves the construction of 4-laning of the Sahebganj Areraj Bettiah section of NH 139W, spanning a total length of 78.942 km in Bihar. The project will be executed under the Hybrid Annuity Mode (HAM), a public-private partnership model commonly used for highway development in India.

Project Sections

The highway project is strategically divided into two distinct sections to facilitate efficient execution and management:

• Section-1: Sahebganj to Areraj covering 38.362 km
• Section-2: Areraj to Bettiah spanning 40.580 km

This segmentation allows for parallel construction activities and better resource allocation across the project timeline.

Management Commentary

Commenting on the development, Ramneek Sehgal, Chairman & Managing Director, Ceigall India Limited, said: "We are pleased to receive this Letter of Award from NHAI for the Sahebganj–Areraj–Bettiah corridor in Bihar. This project is closely aligned with the Government of India's PM Gati Shakti vision of integrated and multimodal infrastructure development."

Sehgal further emphasized the project's strategic importance, stating that strengthening national highway networks is critical to improving logistics efficiency, enhancing regional connectivity, and accelerating economic growth. The company remains committed to delivering the project with speed, quality, and sustainability.

Contract Details and Strategic Impact

The project operates under a domestic contract framework with NHAI, eliminating any international entity involvement. This strategically important highway corridor is expected to significantly improve regional connectivity in Bihar, enhance road safety, and facilitate faster movement of goods and passengers, thereby supporting economic development in the region.

The order adds to Ceigall India's robust order book and underlines the company's continued focus on national highway projects under annuity-based models, aligned with long-term visibility of revenues and sustainable growth. The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.