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Latest news about Ceigall India

Ceigall India Faces Contract Termination for ₹898.99 Crore Bhubaneswar Metro Project 2 days ago

Ceigall India Limited has announced that the Delhi Metro Rail Corporation Limited (DMRC) has terminated their ₹898.99 crore contract for the Bhubaneswar Metro Rail Project. The contract, awarded in August 2024, involved part design and construction of an elevated viaduct and six stations. DMRC cited project scrapping as the reason for termination. Ceigall India is pursuing damages, claims, and compensation as per the contract agreement. The company has closed its trading window for designated persons until after the declaration of Q2 2025 financial results.

Ceigall India Secures ₹19.36 Crore Arbitration Award in Himachal Pradesh Road Project Dispute Jul 04, 2025

Ceigall India Bags Rs 1,199 Crore Order from NHAI Jul 02, 2025

CEIGALL India Secures Massive ₹1,199 Crore Order from NHAI Jul 01, 2025

Ceigall India's Subsidiary Bags Rs 1,199 Crore NHAI Contract for Ayodhya Bypass Jul 01, 2025

More news about Ceigall India

29May 25

CEIGALL INDIA Receives Mixed Financial Recommendations from Dispute Resolution Board

CEIGALL INDIA has received mixed financial recommendations from the Dispute Resolution Board (DRB). The DRB recommended ₹72.00 crore in favor of the company and ₹10.00 crore against it, resulting in a potential net benefit of ₹62.00 crore. These recommendations may impact the company's financial planning and reporting, though the final outcome may be subject to further negotiations or legal processes.

19May 25

Ceigall India Secures ₹31.8 Million in Arbitration Award

Ceigall India has won an arbitration case, resulting in a ₹31.80 million (3.18 crore rupees) award. While specific details about the dispute and opposing party remain undisclosed, this financial windfall could potentially strengthen the company's financial position. The impact and utilization of this award on Ceigall India's operations and future strategies are yet to be determined.

15May 25

Ceigall India Approves Merger of Subsidiary with C & C Construction

Ceigall India has approved the merger of its subsidiary, Ceigall Infra Projects, with C & C Construction. This strategic move, announced after a recent board meeting, aims to restructure operations and potentially enhance efficiency. The merger could lead to operational synergies, consolidated expertise, and a stronger market position in the infrastructure and construction sector. Specific details of the merger and its financial implications are yet to be disclosed.

08May 25

Ceigall India Reports Mixed Q4 FY23 Results: Revenue Up, Profit and EBITDA Down

Ceigall India's Q4 FY23 results show a 6.38% year-over-year revenue increase to ₹10.00 billion. However, net profit declined 32.36% to ₹744.00 million, and EBITDA fell to ₹1,300.00 million from ₹1,600.00 million. The EBITDA margin decreased from 17.40% to 12.64%. Quarter-over-quarter, net profit slightly improved by 1.64%.

22Mar 25

Ceigall India Eyes Massive Order Book Growth: Targets Rs 30,000 Crore by FY25

Ceigall India aims to grow its order book from Rs 11,700 crore to over Rs 30,000 crore by FY25 end. The company recently won a Rs 923 crore order from NHAI for a six-lane expressway project. Ceigall India focuses on early project completion and bonus accumulation as key strategies. This growth trajectory suggests a robust project pipeline and strong market confidence in the company's capabilities.

17Mar 25

Ceigall India Secures Major NHAI Highway Project Worth ₹923 Crore

Ceigall India has received a Letter of Acceptance from the National Highways Authority of India for a project valued at ₹923 crore, excluding GST. This significant contract is expected to boost the company's order book, revenue pipeline, and growth prospects. The project, while details are undisclosed, is likely a major infrastructure development initiative, reflecting NHAI's ongoing focus on enhancing India's highway infrastructure.

13Mar 25

CEIGALL INDIA Secures ₹923 Crore NHAI Project for Ludhiana Bypass

CEIGALL India Limited has been awarded a ₹923 crore project by NHAI for developing a 6-lane Greenfield Southern Ludhiana Bypass. The 25.24 km project is part of the Ludhiana-Ajmer Economic Corridor and will be executed under the Hybrid Annuity Mode with a 24-month construction period. The bid is 13.23% below NHAI's estimated cost. This project was previously awarded to CEIGALL in 2022 but was revoked due to site unavailability. NHAI projects currently constitute 80.31% of CEIGALL's order book.

06Mar 25

Ceigall India's Highway Project Surges Ahead: 75% Completion Achieved 191 Days Early

Ceigall India Limited has reached 75% physical progress on its project to six-lane the Jodhpur Romana (Bathinda) to Mandi Dabwali section of NH-54, 191 days ahead of the scheduled completion date. The project, covering 27.40 km in Punjab, is being implemented on a Hybrid Annuity Model. The National Highway Authority of India has officially acknowledged this achievement, requesting action for issuing the occurrence of Project Milestone III. The project's financial structure includes contributions from NHAI, Punjab & Sind Bank, and Axis Bank.

05Mar 25

CEIGALL INDIA Surges Ahead: Highway Project Milestone Achieved 191 Days Early

CEIGALL INDIA Limited's subsidiary, Ceigall Bathinda Dabwali Highways Private Limited, has reached 75% physical progress on its NH-54 six-laning project 191 days ahead of schedule. The project, covering 27.40 km in Punjab, is being executed on a Hybrid Annuity Model with a total cost of ₹6,210 crore. NHAI has officially acknowledged this milestone achievement.

26Feb 25

NHAI Terminates Contract with CEIGALL INDIA for Amritsar Project, Agrees to Pay Damages

CEIGALL India Limited announced that the National Highways Authority of India (NHAI) has terminated its contract for a four-lane Greenfield Amritsar connectivity project. The contract, signed in May 2022, was for a 30.05 km stretch connecting Amritsar with the Delhi-Amritsar-Katra Expressway. NHAI cited insufficient land acquisition as the reason for termination and agreed to pay 1% of the contract price as damages. The project's bid cost was ₹1,071 crore.

21Feb 25

Ceigall India Secures Financial Closure for Two Major HAM Projects Worth ₹2,498.50 Crore

Ceigall India Limited has achieved financial closure for two Hybrid Annuity Mode (HAM) projects in Ayodhya, Uttar Pradesh, with a combined bid project cost of ₹2,498.50 crore. The projects involve constructing bypasses in Northern and Southern Ayodhya, spanning 35.40 km and 32.172 km respectively. The company completed the financial closure in just 83 days, well ahead of the 150-day timeline set by NHAI. This swift closure demonstrates Ceigall India's financial strength and efficiency in project execution.

20Feb 25

CEIGALL INDIA Secures Financial Closure for Two Major HAM Projects Worth ₹2,498.50 Crore

CEIGALL INDIA Limited has achieved financial closure for two Hybrid Annuity Mode (HAM) projects in Uttar Pradesh, totaling ₹2,498.50 crore. The projects include the Northern Ayodhya Bypass (35.40 km, ₹1,199.30 crore) and Southern Ayodhya Bypass (32.172 km, ₹1,299.20 crore), both with 17.5-year concession periods. The company completed the financial closure in 83 days, well ahead of the 150-day NHAI deadline, demonstrating efficiency and strong financial standing.

Ceigall India

259.05

-4.65

(-1.76%)

1 Year Returns:-33.02%

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