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Ceigall India schedules 24th AGM for September 29 via video conference

Ceigall India schedules its 24th AGM for September 29, 2026. The meeting will be held via Video Conferencing at 2:30 pm. Newspaper advertisements were published on August 26, 2026. Disclosure made under SEBI LODR Regulation 30 requirements.

26Aug 26

Ceigall India emerges as L1 bidder for ₹609 crore project

Ceigall India has emerged as the L1 (lowest) bidder for a project valued at ₹609 crore. The L1 status indicates Ceigall India submitted the lowest financial bid among all participants. The designation positions the company as the primary candidate for contract award.

25Aug 26

Ceigall India recommends ₹0.50 per share final dividend for FY26

Ceigall India recommends ₹0.50 per share final dividend for FY26. Record date set for September 11, 2026; AGM scheduled for September 29, 2026. TDS applicable at 10% for residents with valid PAN; 20% without. Non-resident rates vary from NIL to 30% based on entity type and treaties.

24Aug 26

Ceigall India secures ₹704.70 crore Arunachal Pradesh frontier highway project

Ceigall India secured a Letter of Award for a ₹704.70 crore project. The contract is for a Frontier Highway Project in Arunachal Pradesh. The stipulated completion period for the project is 48 months.

21Aug 26

Ceigall India secures contract valued at ₹225 crore

Ceigall India has secured a new contract valued at ₹225 crore. The contract adds to the company's existing order book in the infrastructure segment.

19Aug 26

Ceigall India approves ₹29.44 cr investment for Indore-Ujjain highway project

Ceigall India Limited has approved a ₹29.44 crore equity investment in its newly incorporated subsidiary to execute the 48.10 km Indore-Ujjain Greenfield Highway project. The company will hold a 74% stake, with its subsidiary CIPPL holding 26%. The project was awarded under the Hybrid Annuity Mode by Madhya Pradesh Road Development Corporation Limited in December 2025. No further regulatory approvals are required for this transaction.

19Aug 26

Ceigall India secures ₹274.08 crore EPC road contract in Arunachal Pradesh

Ceigall India has secured an EPC contract worth ₹274.08 crore from the Ministry of Road Transport & Highways for road construction in Arunachal Pradesh. The project will be executed in a joint venture with Rajinder Infrastructure, with Ceigall India holding a 70% share and Rajinder Infrastructure holding 30%. The contract is scheduled for completion over 48 months.

18Aug 26

Ceigall India schedules analyst and investor meet on August 21

Ceigall India has announced a meeting with analysts and investors scheduled for August 21 at 11:30 am. The interaction is aimed at engaging directly with the investment community. No further details regarding the agenda or venue were disclosed in the announcement.

18Aug 26

Ceigall India JV secures four road orders worth ₹2,149.62 crore in Arunachal Pradesh

Ceigall India and Sushee Infra Mining, operating as a joint venture, have received four Letters of Award from the Ministry of Road Transport and Highways for road projects in Arunachal Pradesh. The total value of the four awards is ₹2,149.62 crore. Ceigall India has a market capitalisation of ₹5000 crore.

11Aug 26

Ceigall India Q1FY27 net profit rises 24% on EBITDA surge

Ceigall India reported a 24.4% YoY rise in consolidated net profit to ₹637.47 million for Q1FY27, driven by a 31.4% EBITDA surge. The company also completed the sale of its Malout Abohar asset and shifted its corporate office.

11Aug 26

Ceigall India Q1 Results: EBITDA Margin at 13.4%, targets 25% project return

Ceigall India recorded an EBITDA margin of 13.4% in Q1 FY27, ahead of its full-year target of 11% to 12.5%, while maintaining a 25% project return objective. The company upgraded its revenue growth forecast to at least 15% for the year, from a prior range of 10% to 15%. Full-year capital expenditure is guided at ₹30 crore to ₹35 crore, with ₹14 crore already utilised in Q1 FY27. Order inflow of approximately ₹600 crore was secured in Q1 against a full-year target of ₹6,000 crore, with improved working capital intensity expected in FY27 and FY28 due to government relaxations.

08Aug 26

Ceigall India appoints four KMPs to determine materiality of disclosures

Ceigall India Limited has identified four Key Managerial Personnel authorised to determine the materiality of events for stock exchange disclosures. The notification, filed on August 8, 2026, complies with Regulation 30(5) of the SEBI (LODR) Regulations, 2015. The authorised KMPs include Ayyalusamy Saravanan (CEO), Dr Pawan Kumar (Whole-Time Director), Kapil Aggarwal (CFO), and Megha Kainth (Company Secretary).

30Jul 26

Ceigall India Q1 Results: Earnings call scheduled for Aug 10

Ceigall India Limited announced an earnings call for August 10, 2026, to discuss Q1FY27 results. The session will feature Chairman Ramneek Sehgal and CFO Kapil Aggarwal discussing standalone and consolidated financials for the quarter ended June 30, 2026. Dial-in details and registration links have been provided for investor participation.

19Jul 26

Ceigall India accepts resignation of VP Akshay Jain

Ceigall India has accepted the resignation of Akshay Jain as Vice President (Strategy & Planning) effective July 31, 2026, due to personal reasons. The disclosure was made under Regulation 30 of SEBI Listing Regulations.

09Jul 26

Ceigall India approves ₹109.19 crore investment in subsidiary

Ceigall India approved a ₹109.19 crore investment in its wholly owned subsidiary, Velgaon Power Transmission Ltd, to finance the 400/220 kV Velgaon Substation project. The Management Committee also sanctioned the creation of security for a term loan facility. The investment will be made through equity shares, unsecured loans, or other instruments as per fund requirements.

09Jul 26

Ceigall India JV wins ₹704.70 Cr MoRTH road project

Ceigall India and Sushee Infra & Mining JV emerged as L1 bidder for a ₹704.70 crore MoRTH road project in Arunachal Pradesh. The EPC contract involves 48 months of construction and 5 years of maintenance.

08Jul 26

Ceigall India subsidiary secures appointed date for ₹1089cr highway project

Ceigall India Limited's subsidiary secured the appointed date of July 6, 2026, for the ₹1089.00 crore Indore Ujjain Greenfield Highway project. The 48.10 km highway project will be executed under the Hybrid Annuity Mode (HAM) as per the communication from Madhya Pradesh Road Development Corporation Ltd.

08Jul 26

Ceigall India unit gets appointed date for ₹1,656 crore NHAI project

Ceigall India Ltd's subsidiary, Ceigall VRK 11 Private Limited, has been informed of the appointed date of July 6, 2026, for a ₹1,656 crore highway project in Jharkhand. The project involves constructing a 6-lane greenfield expressway from km 288.600 to km 325.500 under the Bharatmala Pariyojana. Financed by NHAI and State Bank of India, the project has a construction period of 730 days and a 15-year maintenance period.

04Jul 26

Ceigall India schedules analyst meet in Mumbai on July 8

Ceigall India Limited has scheduled a physical meeting with analysts and institutional investors in Mumbai on July 8, 2026, from 11:00 am to 12:30 pm IST to discuss performance and outlook. The company confirmed that no unpublished price-sensitive information will be shared during the session, which is being held pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015.

01Jul 26

Ceigall India unit wins ₹1,700 Cr PPA for 220 MW Solar-BESS project

Ceigall Morena Solar BESS Park Limited, a wholly owned subsidiary of Ceigall India, executed a Power Purchase Agreement (PPA) with Rewa Ultra Mega Solar Limited on June 29, 2026, for a 220 MW Solar and Battery Energy Storage System (BESS) project at Morena Solar Park in Madhya Pradesh. The project, valued at approximately ₹1,700 crore including GST, has a tariff of ₹2.70 per kWh, an 18-month construction period, and a 25-year operational period. The company confirmed that the transaction is not a related party transaction.

01Jul 26

Ceigall India wins ₹330.84 crore Delhi PWD road order

Ceigall India emerged as the L1 bidder for a ₹330.84 crore road strengthening project from the Public Works Department, Delhi. The bid is 29% above the estimated cost of ₹256.46 crore, with a construction period of 375 days and a 48-month maintenance period.

30Jun 26

Ceigall India appoints Mr. Ayyalusamy Saravanan and Dr. Pawan Kumar as Whole-Time Directors

Ceigall India has appointed Mr. Ayyalusamy Saravanan as Whole-Time Director & CEO and Dr. Pawan Kumar as Whole-Time Director, effective July 01, 2026, for a term of two years subject to shareholder approval. Concurrently, Dr. Sudhir Rao Hoshing resigned as Whole-Time Director effective July 15, 2026, due to personal commitments. The new appointees bring extensive experience in the infrastructure sector.

23Jun 26

Ceigall India to host virtual analyst meet on June 25

Ceigall India Limited announced a virtual meeting with analysts and institutional investors on June 25, 2026, from 3:45 PM to 4:45 PM IST. The interaction, conducted under Regulation 30 of SEBI regulations, will be a one-on-one session. The company confirmed that no unpublished price sensitive information will be shared during the discussion.

20Jun 26

Ceigall India to host analyst and investor meet in Mumbai

Ceigall India Limited will engage with analysts and institutional investors during a physical meeting scheduled in Mumbai on June 22 and June 23, 2026. The company stated that no unpublished price sensitive information will be shared during these interactions.

18Jun 26

Ceigall India sells step-down subsidiary for Rs 182.20 crore

Ceigall India Limited sold its step-down subsidiary, Ceigall Malout Abohar Sadhuwali Highways Private Limited, to Neo Infra Income Opportunities Fund for Rs 182.20 crore. The transaction, concluded on June 16, 2026, involved the transfer of 100% equity shares and was not a related party transaction.

11Jun 26

Ceigall India SPV signs NHAI pact for ₹603 crore Punjab highway

Ceigall India's SPV, Ceigall Ambala Chandigarh Zirakpur Limited, signed a concession agreement with NHAI on June 9, 2026, for a ₹603.00 crore highway project in Punjab. The project entails constructing 10.300 km of 6-lane access-controlled spur connectivity under the Hybrid Annuity Mode, with an 18-month construction timeline and a 15-year maintenance period.

05Jun 26

Ceigall India divests CMASH stake to Neo Infra Fund for ₹177 crore

Ceigall India Limited has agreed to sell its stake in step-down subsidiary Ceigall Malout Abohar Sadhuwali Highways Private Limited to Neo Infra Income Opportunity Fund for ₹177 crore plus cash surplus. The Share Purchase Agreement was executed on June 3, 2026, following a binding offer letter signed in February. The divestment targets a subsidiary that contributed ₹82.69 crore in turnover and ₹136.11 crore in net worth during FY26. The transaction, subject to regulatory compliance and conditions precedent, is not a related-party transaction.

14May 26

Ceigall India Secures 50 MW Battery Energy Storage Systems Contract from PSPCL

Ceigall India Limited has won a contract from Punjab State Power Corporation Limited to set up 50 MW Standalone Battery Energy Storage Systems in Punjab. The project, valued at approximately Rs. 125 Cr with a tariff of Rs. 2.99/KWh, involves an 18-month execution period followed by a 12-year operational period under a Battery Energy Storage Purchase Agreement.

14May 26

Ceigall India Subsidiary Hits Ayodhya Bypass Milestone Early

Ceigall India Limited announced that its subsidiary, Ceigall Ayodhya Bypass Private Limited, achieved 35.00% physical progress on the Southern Ayodhya Bypass project as of May 7, 2026. Verified by the Independent Engineer on May 12, 2026, this marks the completion of Project Milestone II under Schedule G, 92 days ahead of schedule. The 32.172 Km project is being executed on a Hybrid Annuity Model basis in Uttar Pradesh.

14May 26

Ceigall India Wins Rs 250 Cr BESS Pact From PSPCL

Ceigall India Limited has been awarded a Rs 250 Cr contract by Punjab State Power Corporation Limited to establish a 100 MW Standalone Battery Energy Storage System. The project, awarded under Tariff-Based Global Competitive Bidding, requires an 18-month execution period followed by 12 years of operation under a Battery Energy Storage Purchase Agreement.

13May 26

Ceigall India Q4 & FY26 Earnings Call: Order Book, Guidance & Strategy

Ceigall India's Q4 & FY26 earnings call highlighted a strong order book of INR 18,554 crores, order inflows of INR 11,332 crores surpassing guidance, and consolidated PAT of INR 309 crores. Management guided for minimum 15% revenue growth in FY27 with renewables contributing 20%–25% of revenue, while HAM asset monetization with NEO Asset Management is expected to generate over INR 400 crores in proceeds.

08May 26

Ceigall India Discloses Authorized KMPs for Materiality Determination Under SEBI Regulation 30(5)

Ceigall India Limited has filed a disclosure with BSE and NSE dated 07-05-2026, designating four Key Managerial Personnel — CEO Ayyalusamy Saravanan, CFO Kapil Aggarwal, Company Secretary Megha Kainth, and VP Akshay Jain — as authorized officials under Regulation 30(5) of SEBI Listing Regulations for determining the materiality of events and making requisite disclosures to stock exchanges.

08May 26

Ceigall India Files Q4FY26 Monitoring Agency Report; IPO Proceeds Fully Deployed

Ceigall India Limited filed its Q4FY26 Monitoring Agency Report on May 7, 2026, prepared by ICRA Limited, confirming full deployment of IPO net proceeds of INR 652.308 Crore with no material deviation. Funds were utilized for equipment purchase (INR 99.789 Crore), repayment of borrowings (INR 413.242 Crore combined), and general corporate purposes (INR 139.277 Crore), including equity infusions and loans to project SPVs. A surplus of INR 0.668 Crore from issue-related expenses was transferred to the company's operational account.

06May 26

Ceigall India Receives Completion Certificate for Delhi-Amritsar-Katra Expressway Package-07

Ceigall India Limited received a Completion Certificate on 5th May 2026 for a 35.15 KM stretch of the Delhi-Amritsar-Katra Expressway (Package-07) in Punjab, with the completion date recorded as 26th February 2026. The project, executed on EPC mode under Bharatmala Pariyojna, carries a Bid Project Cost of Rs. 881.00 Crore and was awarded on 20th July 2021. The certificate was issued pursuant to Article 12 of the EPC Contract Agreement by the Authority's Engineer, excluding the De-linking Part of the Work. The disclosure was made to stock exchanges on 6th May 2026 under Regulation 30 of SEBI (LODR) Regulations, 2015.

05May 26

Ceigall India Receives LOA for Rs. 14.12 Lacs De-silting Contract from Punjab Water Resources

Ceigall India Limited received the Letter of Acceptance from Water Resources Department, Punjab, Ropar for a Rs. 14.12 Lacs de-silting contract for the Abohar Branch (RD 0-69500), following its H1 bidder status announced on 30th April 2026. The quantity-based contract carries a 20-day execution timeline and includes a royalty of Rs. 3.5 per CFt payable to the Government of Punjab, with de-silted material to be used in adjoining projects.

02May 26

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

Ceigall India Limited, through its joint venture CIL-SAM India JV, has received a Letter of Acceptance from Jaipur Metro Rail Corporation Ltd for a design and construction package under Jaipur Metro Phase-II MRTS. The contract, valued at ₹918.04 crore inclusive of 18% GST, involves the development of a 10.8 km elevated viaduct and ten elevated metro stations. The project is to be executed over 34 months, with Ceigall holding a 74% stake in the joint venture and SAM India Builtwell Pvt. Ltd. holding the remaining 26%.

01May 26

Ceigall India Schedules Q4FY26 Earnings Call for May 7, 2026

Ceigall India Limited announced an earnings call for May 7, 2026, at 5:00 PM IST to discuss audited financial results for Q4 and FY26. The call will feature Chairman & MD Mr. Ramneek Sehgal, CFO Mr. Kapil Aggarwal, and VP Mr. Akshay Jain, with multiple international dial-in options provided for global participation.

24Apr 26

Ceigall India Incorporates Project SPV for Highway Construction in Punjab

Ceigall India Limited incorporated project SPV Ceigall Ambala Chandigarh Zirakpur Limited as step-down subsidiary on April 23, 2026. The SPV will execute 10.300 Km highway construction project from Ambala-Chandigarh to Zirakpur Bypass under Hybrid Annuity Mode. Ceigall India holds 26% shareholding with Rs.26,000/- subscription cost in the infrastructure development focused entity.

16Apr 26

Ceigall India Limited Confirms Non-Large Corporate Status as on March 31, 2026

Ceigall India Limited has notified BSE and NSE that it does not fall under Large Corporate criteria as on March 31, 2026, as per SEBI regulations. This confirmation exempts the company from filing initial and annual disclosures related to debt securities issuance requirements. The notification, signed by Company Secretary Megha Kainth and CFO Kapil Aggarwal on April 16, 2026, ensures regulatory compliance and transparency with stock exchanges.

06Apr 26

Ceigall India Limited Submits SEBI Compliance Certificate for Q4FY26

Ceigall India Limited has submitted its confirmation certificate under SEBI Regulation 74(5) for Q4FY26, covering the quarter ended March 31, 2026. The certificate was received from registrar MUFG Intime India Private Limited and submitted to BSE and NSE on April 6, 2026. The submission confirms compliance with dematerialization processes and regulatory requirements, with proper verification and cancellation of security certificates within prescribed timelines.

02Apr 26

Ceigall India Executes 15 PPAs for 130 MW Solar Capacity Worth ₹572 Crore

Ceigall India Limited has successfully executed 15 power purchase agreements through its wholly owned subsidiary Ceigall Green Energy MP Limited with Madhya Pradesh Power Management Company Limited for 130 MW solar capacity under the Surya Mitra Krishi Feeder Yojana. The project involves an EPC cost of ₹572.00 crore with a 12-month execution period and 25-year operational commitment at ₹2.85 per unit tariff, marking the company's strategic expansion into renewable energy sector.

30Mar 26

Ceigall India Subsidiary Secures Rs 603 Crore NHAI Highway Project in Punjab

Ceigall India Limited announced that its subsidiary CIPPL secured a Rs 603 crore highway construction contract from NHAI for a 6-lane spur connectivity project in Punjab. The project spans 10.30 km and will be executed under Hybrid Annuity Mode with an 18-month construction period followed by 15 years of operation and maintenance.

27Mar 26

CEIGALL India Receives ₹603 Crore NHAI Letter of Award for Punjab Highway Project

CEIGALL India's subsidiary CIPPL has received the official Letter of Award from NHAI for a ₹603 crore highway infrastructure project in Punjab. The project involves constructing a 10.300 Km 6-lane access-controlled spur connectivity under Hybrid Annuity Mode with 18-month construction period and 15-year operation & maintenance timeline.

25Mar 26

Ceigall India Officially Appoints Akshay Jain as VP Strategy & Planning

Ceigall India has formally announced Akshay Jain's appointment as Vice President (Strategy & Planning), effective March 26, 2026, following Board approval. The IIM Lucknow and IIT Madras alumnus brings 18+ years of finance and investment experience from leading organizations including Survam Family Office, One MobiKwik Systems, Vardhman Textiles, ICICI Bank, and Bank Muscat, with expertise spanning corporate finance, M&A, treasury management, and public market operations.

25Mar 26

Ceigall India Authorizes Non-Binding Offer for Sale of Highway Subsidiaries

Ceigall India Limited's Management Committee authorized execution of a Non-Binding Offer from an Asset Management Company for 100% equity stake sale in two highway subsidiaries - Ceigall Jalbehra Shahbad Greenfield Highway Private Limited and Ceigall Bathinda Dabwali Highways Private Limited. The authorization was granted during a March 25, 2026 meeting, with the transaction subject to due diligence completion, definitive agreements, and regulatory approvals.

25Mar 26

Ceigall India Executes ₹1,369 Crore Solar PPAs with Maharashtra DISCOM

Ceigall India has executed power purchase agreements worth ₹1,369 crore through its subsidiaries with Maharashtra State Electricity Distribution Co. Ltd. for 337 MW solar projects. The agreements include 190 MW capacity by Ceigall Green Energy MH1 Limited (₹772 crore) and 147 MW by Ceigall Green Energy MH2 Limited (₹597 crore) under Mukhyamantri Saur Krushi Vahini Yojana 2.0 with 18-month execution timeline and 25-year operational period.

25Mar 26

Punjab Infrastructure Board Cancels Rs 207 Crore Tenders Awarded to Ceigall India

Punjab Infrastructure Development Board officially cancelled two tenders totaling Rs 207 crore that were awarded to Ceigall India's subsidiary for urban street development in Ludhiana, citing administrative reasons. The cancellation affects the company's order book significantly, though its existing Rs 297.89 crore renewable energy projects in Andhra Pradesh continue unaffected.

24Mar 26

Punjab Government Cancels CEIGALL India Tenders Worth ₹2.07 Billion

Punjab Government has cancelled CEIGALL India's tenders valued at ₹2.07 billion, representing a significant setback for the infrastructure company. The cancellation affects multiple contracts that would have contributed substantially to the company's order book and revenue pipeline in the state.

18Mar 26

Ceigall India: Co Infra Arm Emerges L1 Bidder For Punjab Projects Worth ₹207 Crore

Ceigall India Limited announced that its wholly owned subsidiary, Ceigall Infra Projects Private Limited (CIPPL), has secured L1 bidder status for two urban street development projects in Ludhiana worth ₹207 crore combined. The projects, awarded by Punjab Infrastructure Development Board under the Hybrid Annuity Model, include an 8-month construction period and 6-year maintenance phase, strengthening the company's infrastructure portfolio.

16Mar 26

CEIGALL India Emerges L1 Bidder for ₹274 Crore MoRTH Highway Project

CEIGALL India Limited has secured L1 bidder status for a major highway construction contract worth ₹274.08 crore from the Ministry of Road Transport and Highways. The project involves construction of NH-913 (Frontier Highway) in Arunachal Pradesh through a joint venture with Rajinder Infrastructure Private Limited, with CEIGALL holding 70% share. The EPC mode contract includes 48 months construction period and 5 years maintenance period.

12Mar 26

Ceigall India Secures Three Road Contracts Worth ₹1,600 Crores from MoRTH

Ceigall India Limited has successfully secured three major road construction contracts valued at approximately ₹1,600 crores from the Ministry of Road Transport and Highways. This significant contract win strengthens the company's position in the infrastructure development sector and adds substantial value to its order book, demonstrating its competitive capabilities in government infrastructure projects.

11Mar 26

CEIGALL India Secures Major Contract Worth ₹5.2 Billion

CEIGALL India has secured a major contract worth ₹5.2 billion, representing a significant business milestone for the infrastructure company. This substantial contract win demonstrates the company's competitive positioning and ability to secure large-scale projects in the infrastructure sector.

10Mar 26

Ceigall India Receives Provisional Appointed Date for ₹923 Crore Southern Ludhiana Bypass Project

Ceigall India Limited announced that its subsidiary, Ceigall Southern Ludhiana Bypass Private Limited, received the Provisional Appointed Date of March 7, 2026, from NHAI for the ₹923.00 crore Southern Ludhiana Bypass project. The 25.24-kilometer, 6-lane Greenfield bypass will be executed under Hybrid Annuity Mode with a 24-month concession period, forming part of the Ludhiana-Ajmer Economic Corridor in Punjab.

18Feb 26

Ceigall India Forms SPV for ₹2,160 Crore Highway Project Execution in Bihar

Ceigall India's subsidiary won a ₹2,160 crore highway construction contract from NHAI for the 4-laning of NH 139W in Bihar spanning 78.942 km. The company has incorporated a dedicated SPV, Ceigall Sahebganj Bettiah Highway Limited, to execute this project under the Hybrid Annuity Mode with a construction period of 730 days and 15 years O&M period.

18Feb 26

Ceigall India Highway Project Achieves 90.03% Physical Progress Under HAM Model

Ceigall India Limited's subsidiary has achieved 90.03% physical progress on the ₹6,840.00 million Jalbehra Shahbad Greenfield Highway project in Haryana. The Independent Engineer has recommended this milestone to NHAI for the 22.850 kilometer highway project being executed under the Hybrid Annuity Mode. The project, part of Bharatmala Pariyojana Phase I, maintains its timeline without delays and represents significant infrastructure development with a total financing structure involving NHAI contribution of ₹3,228.50 million and term loan of ₹2,920.00 million.

13Feb 26

Ceigall India Limited Incorporates Step-Down Subsidiary in Dubai for Infrastructure Contracting

Ceigall India Limited has successfully incorporated Ceigall EPC Global Contracting LLC in Dubai, UAE on February 12, 2026, as a step-down subsidiary with AED 300,000 capital. The entity will focus on infrastructure contracting services including building, road construction, utilities, and power systems. The subsidiary is 100% owned by Ceigall Global Pte. Ltd., Singapore, which is wholly owned by Ceigall India Limited, creating a strategic international expansion platform.

12Feb 26

Ceigall India Board Appoints New CEO and Approves Q3FY26 Financial Results

Ceigall India Limited's Board meeting on February 09, 2026 resulted in key strategic decisions including appointment of A. Saravanan as CEO with 32 years infrastructure experience, approval of strong Q3FY26 financial results with 19.73% income growth to ₹9,816.81 million, and authorization of subsidiary divestment to Neo Asset Management for ₹177 crores, while addressing regulatory compliance matters including an FIR related to fraudulent purchases.

10Feb 26

Ceigall India Limited Reports Code of Conduct Violations Under Insider Trading Regulations

Ceigall India Limited reported violations of its insider trading code by three designated persons - Nishant Tomar, Pradip Kumar Mandal, and Sunil - who executed contra trades inadvertently. The Audit Committee imposed penalties of ₹1,100 each on February 6, 2026, and the profits along with penalties totaling ₹2,414 have been deposited to SEBI IPEF. The company confirmed no previous violations and submitted the intimation to stock exchanges in compliance with SEBI regulations.

10Feb 26

Ceigall India Secures ₹1,700 Crore Solar and BESS Project at Morena Solar Park

Ceigall India Limited has been awarded a ₹1,700 crore solar power project by Rewa Ultra Mega Solar Limited for developing a 220 MW Solar Power Project with integrated Battery Energy Storage System at Morena Solar Park, Madhya Pradesh. The project features a tariff rate of ₹2.70 per kWh with a 24-month construction period followed by 25 years of operation. This strategic award marks the company's expansion into renewable energy infrastructure, strengthening its order book and supporting India's clean energy transition goals.

09Feb 26

Ceigall India Reports Strong Q3FY26 Results, Appoints New CEO and Approves Subsidiary Sale

Ceigall India delivered robust Q3FY26 performance with 19.34% revenue growth to ₹9,911.42 crores and appointed experienced infrastructure professional A. Saravanan as CEO. The company also approved the strategic divestment of subsidiary CMASH for ₹177 crores while addressing operational challenges through proactive fraud investigation measures.

22Jan 26

Ceigall India Subsidiary Secures ₹2,160 Crore NHAI Highway Project in Bihar

Ceigall India Limited's wholly owned subsidiary, Ceigall Infra Projects Private Limited, has won a ₹2,160 crore highway construction contract from NHAI. The project involves 4-laning of 78.94 km stretch of NH 139W in Bihar under Hybrid Annuity Mode. The contract includes 730 days construction period and 15 years operations and maintenance, covering two sections from Sahebganj to Areraj (38.36 km) and Areraj to Bettiah (40.58 km).

16Jan 26

Ceigall India Limited Emerges as L-1 Bidder for ₹918.04 Crore Jaipur Metro Rail Project

Ceigall India Limited has been declared L-1 bidder for a ₹918.04 crore Jaipur Metro Rail project, partnering with SAM India Builtwell in a 74:26 joint venture. The 34-month EPC contract involves constructing a 10.8 km elevated viaduct with ten stations under Jaipur Metro Phase-II. This domestic infrastructure project strengthens Ceigall's order book and reinforces its position in the metro rail construction segment.

16Jan 26

Ceigall India Emerges Top Bidder for ₹918.04 Crore Jaipur Metro EPC Contract

Ceigall India has been selected as the top bidder for Jaipur Metro Rail Corporation's EPC contract worth ₹918.04 crores. The project will be executed in partnership with Sam India Builtwell and is expected to be completed within 34 months. This significant contract award strengthens Ceigall India's position in the metro rail infrastructure sector and represents a substantial addition to the company's project portfolio.

15Jan 26

Ceigall India Limited Appoints Adfactors PR Private Limited as Investor Relations Agency

Ceigall India Limited has appointed Adfactors PR Private Limited as its Investor Relations agency effective January 16, 2026, in compliance with SEBI LODR Regulations. The standard service agreement involves no shareholding, related party transactions, or special rights provisions, representing a straightforward professional engagement for investor relations services.

13Jan 26

Ceigall India Management Committee Approves Subsidiary Stake Sale and New SPV Incorporation

Ceigall India Limited's Management Committee approved two significant corporate actions on January 13, 2026. The committee authorized the sale of 100% equity stake in step-down subsidiary Ceigall Malout Abohar Sadhuwali Highways Private Limited to an Asset Management Company, subject to due diligence and regulatory approvals. Additionally, it approved incorporation of new SPV "Ceigall Indore Ujjain Greenfield Highway Limited" for ₹74,000 to implement a 48.10 km highway project awarded by Madhya Pradesh Road Development Corporation Limited on Hybrid Annuity Mode.

13Jan 26

Ceigall India Management Committee Approves Subsidiary Stake Sale and New SPV Incorporation

Ceigall India Limited's Management Committee authorized the sale of 100% stake in step-down subsidiary Ceigall Malout Abohar Sadhuwali Highways Private Limited to an Asset Management Company and approved incorporation of new SPV Ceigall Indore Ujjain Greenfield Highway Limited for ₹74,000. The new subsidiary will implement a 48.10 km highway project awarded by Madhya Pradesh Road Development Corporation Limited on Hybrid Annuity Mode.

13Jan 26

Ceigall India Approves Non-Binding Sale Offer for Highway Subsidiaries

Ceigall India has approved a non-binding sale offer for its entire stake in two highway subsidiaries - Ceigall Malout Abohar Sadhuwali Highways and Ceigall Indore Ujjain Greenfield Highway Limited. The transaction involves both an existing operational highway project and a newly formed subsidiary, indicating strategic portfolio management in the infrastructure sector.

09Jan 26

Ceigall India Acquires Velgaon Power Transmission for ₹18.90 Million

Ceigall India has announced the acquisition of all shares in Velgaon Power Transmission Limited for ₹18.90 million. The transaction involves a complete buyout that will make Velgaon Power Transmission a wholly-owned subsidiary of Ceigall India. This strategic move represents the company's expansion into the power transmission sector through targeted investment in infrastructure assets.

09Jan 26

Ceigall India Limited Completes ₹1.89 Crore Acquisition of Velgaon Power Transmission Limited

Ceigall India Limited has acquired 100% equity shares of Velgaon Power Transmission Limited for ₹1.89 crores through a share purchase agreement with REC Power Development and Consultancy Limited. The acquisition, completed on January 9, 2026, makes VPTL a wholly owned subsidiary and was mandatory for Ceigall to undertake the 400/220 kV Velgaon Substation project under the TBCB process. The target company, incorporated in March 2025, operates in power transmission and distribution with an authorized share capital of ₹5.00 lakhs.

06Jan 26

Ceigall India Forms Fully Owned Subsidiary for 130 MW Solar Projects in Madhya Pradesh

Ceigall India has formed a fully owned subsidiary to develop 130 MW solar power projects in Madhya Pradesh. This strategic move represents the company's expansion into renewable energy infrastructure and demonstrates diversification into the growing solar power sector through focused subsidiary management.

06Jan 26

Ceigall India Forms Subsidiary for ₹550 Crore MPUVNL Solar Project Execution

Ceigall India has formed a wholly owned subsidiary, Ceigall Green Energy MP Limited, as a Special Purpose Vehicle to execute its ₹550 crore solar power project from MPUVNL. The subsidiary, incorporated on January 5, 2026, with ₹1 lakh investment, will handle the 130 MW solar project under PM KUSUM-C scheme across two Madhya Pradesh districts, featuring 18-month execution timeline and 25-year operational period.

02Jan 26

Ceigall India Management Committee Approves Strategic Acquisitions and Subsidiary Incorporations

Ceigall India Limited's Management Committee has approved strategic acquisitions and subsidiary incorporations across power transmission, renewable energy, and infrastructure development sectors. The company will acquire 100% shares of Velgaon Power Transmission Limited for ₹5.00 lakh and establish two new subsidiaries - Ceigall Green Energy MP Limited for 130 MW solar projects in Madhya Pradesh and Ceigall Indore Ujjain Greenfield Highway Limited for a 48.10 km highway project.

29Dec 25

Ceigall India Shares in Focus After Subsidiary Wins ₹1,089 Crore Highway Project

Ceigall India's subsidiary secured a ₹1,089 crore highway project from Madhya Pradesh government for constructing 48.10 km Indore-Ujjain greenfield highway. The stock gained 3.2% to ₹259.85 following the announcement, though it remains down 24% year-to-date. The company has surpassed its order inflow guidance with total order book at ₹14,237 crores.

26Dec 25

Ceigall India shares gain 3.49% after NHAI issues provisional certificate for ₹613 crore project

Ceigall India shares rose 3.49% to ₹260.25 following the announcement that its subsidiary received a provisional certificate from NHAI for a ₹613.11 crore six-lane highway project in Punjab. The 27.40-kilometre National Highway-54 project has been declared fit for commercial operations from December 22, 2025, executed on hybrid annuity mode basis with an appointed date of August 11, 2023.

26Dec 25

Ceigall India Receives Provisional Certificate for NH-54 Highway Project

Ceigall India Limited has achieved a significant milestone with its subsidiary receiving a provisional certificate for the NH-54 six-laning project in Punjab. The 27.40 km project, implemented on Hybrid Annuity Mode with ₹2,617.10 crore NHAI contribution, has been declared fit for commercial operation from December 22, 2025, showcasing the company's efficient project execution capabilities.

27Nov 25

Ceigall India Secures Rs. 12.185 Crore Desilting Contract from Punjab Government

Ceigall India Limited has been awarded a Rs. 12.185 crore contract by the Punjab government for desilting the Siswan Nadi from Village Dulchi Majra to Khizarpur in Ropar District. The project, aimed at protecting agricultural land, has a 180-day timeline. Key conditions include a 10% performance security, additional earnest money of Rs. 3.34 lakh, and a royalty of Rs. 5 per cubic foot. Ceigall India can use the de-silted material for their own projects.

21Nov 25

Ceigall India Expands Global Footprint with New Singapore Subsidiary

Ceigall India Limited has incorporated a wholly-owned subsidiary, Ceigall Global Pte. Ltd., in Singapore. The new entity, registered with ACRA, has an initial investment of SGD 10,000 (₹6.78 lakhs). Incorporated on November 20, 2025, it aims to strategically invest in global infrastructure projects, explore acquisitions and joint ventures, and engage in road and railway construction. This move follows the company's board approval on November 11, 2025, and is part of Ceigall India's international expansion strategy.

17Nov 25

Ceigall India Reports Muted Q2 Growth, Maintains Robust Order Book of ₹12,598 Crore

Ceigall India Limited faced challenges in Q2 FY26 due to prolonged monsoons, resulting in a revenue decline to ₹7,870.00 million from ₹8,097.00 million in Q2 FY25. Despite this, the company maintains a robust order book of ₹12,598.00 crore across diverse sectors. H1 FY26 saw modest growth with revenue at ₹16,053.00 million. The company is expanding into renewable energy and transmission & distribution sectors, exploring international opportunities, and integrating AI for operational efficiency. Ceigall India remains confident in achieving 10-15% revenue growth for FY26, with improved execution expected in Q3 and Q4.

11Nov 25

Ceigall India Reports 3.1% Revenue Growth in H1 FY26 Despite Monsoon Challenges

Ceigall India posted consolidated revenue of Rs. 16,447.00 million for H1 FY26, a 3.1% year-on-year increase. However, the company experienced margin compression with EBITDA margin declining to 13.5% from 16.8% and PAT margin dropping to 6.5% from 9.0%. The company attributed this to prolonged monsoon conditions affecting project timelines. Ceigall's order book stood at Rs. 1,25,980.00 million, with new orders worth Rs. 37,470.00 million secured during H1 FY26. The company is diversifying into transmission distribution, renewables, and industrial infrastructure segments.

23Oct 25

Ceigall India's Subsidiary Achieves Financial Close for 6-Lane Southern Ludhiana Bypass Project

Ceigall India Limited's subsidiary, Ceigall Southern Ludhiana Bypass Private Limited, has achieved financial close for a 6-lane Greenfield Southern Ludhiana Bypass project in Punjab. The 25.24 km project, part of the Ludhiana-Ajmer Economic Corridor, will be developed under the Hybrid Annuity Mode with a 24-month completion period. The National Highways Authority of India (NHAI) confirmed the financial close on October 22, 2025, marking a significant milestone for the company.

16Oct 25

Ceigall India Expands into Renewable Energy with Two New Subsidiaries for 337 MW Solar Projects

Ceigall India Limited has approved the incorporation of two wholly owned subsidiaries, Ceigall Green Energy MH1 Limited and Ceigall Green Energy MH2 Limited, for solar photovoltaic power projects in Maharashtra. The subsidiaries will develop projects with a total capacity of 337 MW under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 scheme, awarded by Maharashtra State Electricity Distribution Co. Ltd. MH1 Limited will handle a 190 MW project, while MH2 Limited will manage a 147 MW project, each with an initial investment of Rs. 1,00,000. The project was awarded on October 2, 2025, and the Management Committee approved the incorporation on October 16, 2025. The company has informed stock exchanges in compliance with SEBI regulations.

10Oct 25

CEIGALL India Secures INR 6.61 Crore Arbitration Award for Halwara IAF Station Project

Ceigall India has won an arbitration case, securing INR 6.61 crore for its construction work at the Halwara Indian Air Force (IAF) Station. The award, granted by an arbitration tribunal, relates to a project at this strategic air base in Punjab. This victory could enhance Ceigall India's credibility in handling defense-related construction projects and potentially lead to future high-value contracts in the sector.

06Oct 25

Ceigall India Secures ₹712 Crore Contract for 190 MW Solar Projects

Ceigall India has been awarded a Letter of Award (LoA) worth ₹712 crore from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the development of 190 MW solar projects. The projects will be developed under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 scheme, aimed at promoting solar energy adoption in Maharashtra. This contract marks a significant achievement for Ceigall India in the renewable energy sector and aligns with India's goal of increasing renewable energy share in its power mix.

03Oct 25

Ceigall India Secures ₹712 Crore Contract for 190 MW Solar Projects in Maharashtra

Ceigall India has been awarded a ₹712.16 crore contract by Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) for developing 190 MW (AC) solar power projects across 4 districts in Maharashtra. The project, part of the Mukhyamantri Saur Krushi Vahini Yojana 2.0 scheme, has an 18-month execution timeline and a 25-year operational period under a Power Purchase Agreement. This contract significantly expands Ceigall India's renewable energy portfolio and aligns with Maharashtra's clean energy goals.

30Sept 25

Ceigall India Secures Rs. 225 Crore Contract for Bulk Drug Park Development in Himachal Pradesh

Ceigall India Limited has received a Letter of Intent from HPSIDC for a Rs. 225 crore project to develop a Bulk Drug Park in Una District, Himachal Pradesh. The 18-month contract includes road construction, storm water drainage, and bridge building. This follows a recent Rs. 981 crore highway project awarded to its subsidiary, further expanding Ceigall's infrastructure portfolio.

30Sept 25

CEIGALL India Subsidiary Secures Start Date for ₹981 Crore Ludhiana-Bathinda Highway Project

Ceigall India Limited's subsidiary has been given the start date by NHAI for the Ludhiana-Bathinda highway project valued at ₹981 crore. The company's order book stands at ₹10,806 crore, with 82.90% comprising elevated roads, highways, and specialized structures. Ceigall India has shown strong financial performance with a 13.80% year-on-year growth in consolidated revenue and a 40% CAGR. The company has secured new projects worth ₹3,855 crore in the current financial year, including LoAs of ₹431.40 crore and LoIs for ₹1,257 crore.

25Sept 25

Ceigall India JV Secures Rs. 509.21 Crore Road Construction Contract from GMADA

Ceigall India Limited's joint venture, CIL-JSPPPL (JV), has been awarded a Rs. 509.21 crore road construction project by the Greater Mohali Area Development Authority (GMADA) in Aerotropolis, SAS Nagar. The project involves building internal roads in Pockets B, C, and D, including civil, public health, and electrical works. Ceigall India holds an 80% stake in the joint venture. The project duration is 24 months, with a 5% performance security and 5% retention.

20Sept 25

Ceigall India Secures 220 MW Solar Project with Battery Storage at ₹2.70/kWh in Madhya Pradesh

Ceigall India Limited has been declared the lowest bidder for a 220 MW solar power project with battery energy storage systems at Morena Solar Park, Madhya Pradesh. The company quoted a competitive tariff of ₹2.70 per kWh in an electronic reverse auction. The project, valued at approximately ₹1700.00 crores including GST, involves establishing a grid-connected ground-mounted solar photovoltaic system with battery storage. The construction period is set at 24 months, followed by a 25-year operational period.

18Sept 25

Ceigall India Approves ₹50 Crore Convertible Loan to C&C Constructions and 74% Stake in Highway Project SPV

Ceigall India's board has approved a ₹50 crore convertible loan to C&C Constructions Limited (CCCL) for its revival, potentially leading to a 94% initial stake in CCCL. The board also approved a 74% stake investment in Ceigall Southern Ludhiana Bypass Private Limited, a Special Purpose Vehicle for a six-lane highway project, with an investment of up to ₹19.37 crore in equity shares.

17Sept 25

Ceigall India Limited Engages Ernst & Young LLP for Investor Relations Consulting

Ceigall India Limited has appointed Ernst & Young LLP to provide Investor Relations Consulting Services, effective immediately. The company disclosed this information to BSE Limited and National Stock Exchange of India Limited, complying with SEBI regulations. This strategic move aims to enhance Ceigall India's investor relations capabilities and improve stakeholder communication. The appointment was confirmed by Megha Kainth, Company Secretary of Ceigall India Limited, and the information is available on the company's official website.

15Sept 25

Ceigall India Shares Surge 3% on ₹509 Crore Road Project Win in Mohali

Ceigall India's shares gained over 3% after winning a ₹509.20 crore road construction project from GMADA in Mohali, Punjab. The project involves building internal road networks in Aerotropolis over 24 months, with a 36-month defects liability period. The company also announced an upcoming board meeting to discuss a proposed scheme of arrangement involving its subsidiary and C & C Construction Ltd.

15Sept 25

Ceigall India Secures ₹4.68 Billion Project Contract

Ceigall India has won a new project contract valued at ₹4.68 billion (₹468.00 crore). The contract is expected to boost the company's revenue, strengthen its order book, and enhance its market position. Specific details about the project and client remain undisclosed. The company's execution of this large-scale project will be crucial for translating the contract win into financial benefits and shareholder value.

12Sept 25

Ceigall India Secures INR 509.20 Crore Road Construction Contract from GMADA

Ceigall India Limited has won a bid for a road construction project worth INR 509.20 crore from the Greater Mohali Area Development Authority (GMADA). The project involves building internal roads in Aerotropolis SAS Nagar, including civil works, public health services, and electrical installations. The contract has a 24-month construction phase and a 36-month defects liability period. Ceigall India will be required to provide a 5% performance bank guarantee. The company has also announced a board meeting on September 18, 2025, to discuss a Scheme of Arrangement involving its subsidiary and C & C Construction Limited.

14Aug 25

Ceigall India Triumphs in Delhi High Court, NHAI's ₹54.35 Lakh Bid Security Forfeiture Overturned

Ceigall India Limited has won a legal case against the National Highways Authority of India (NHAI) in the Delhi High Court. The court quashed NHAI's decision to forfeit ₹54.35 lakh bid security from Ceigall India and overturned the partial invocation of a Surety Bond. The court directed Ceigall India to deposit ₹15 lakh with NHAI and exercise care in future bid price quotations. This ruling is expected to positively impact Ceigall India's financial position. The company has informed stock exchanges of this development in compliance with SEBI regulations.

14Aug 25

CEIGALL India Reports 8.7% Revenue Growth in Q1, Enters T&D Sector with Rs 490 Crore Win

Ceigall India Limited reported robust Q1 results with standalone revenue reaching Rs 8,183.00 million, up 8.7% YoY. The company's order book stood at Rs 103,374.00 million, with HAM projects comprising 61.75%. Ceigall India entered the transmission and distribution sector, winning a Rs 4,900.00 million project. The company maintained its revenue growth guidance of 10-15% and EBITDA margin guidance of 11-11.5% for pure EPC business, targeting Rs 5,000.00 crores in new order inflows for the fiscal year.