Ceigall India Merger & Restructuring Worth ₹177 Cr
Ceigall India executed an SPA to sell its step-down subsidiary for ₹177 Crore to Neo Infra Income Opportunity Fund. The divestment streamlines its portfolio.
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- ₹177.0 Cr
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Ceigall India executed an SPA to sell its step-down subsidiary for ₹177 Crore to Neo Infra Income Opportunity Fund. The divestment streamlines its portfolio.
Ceigall India achieved its 35% project milestone for the Ayodhya Bypass project 92 days ahead of schedule. This development demonstrates strong execution efficiency on site.
Ceigall India secured a ₹250 Crore order from PSPCL for 100 MW battery storage systems. The project involves 18 months of execution and 12 years of operations.
Ceigall India reported strong FY26 performance with diversified order inflows in renewables and roads. Management maintains a conservative growth stance while expanding international presence.
Ceigall India Limited submitted its Monitoring Agency Report by ICRA for the quarter ended March 31, 2026. The report confirms that IPO proceeds of ₹1252.66 Crore were utilized in line with offer objects, with minor reallocations of ₹0.158 Crore to general corporate purposes and surplus funds from issue expenses.
Ceigall India Limited has updated its list of Key Managerial Personnel authorized to determine the materiality of events and information. The authorized personnel include the CEO, CFO, Company Secretary, and VP (Strategy & Planning), providing their contact details for regulatory compliance under SEBI Listing Regulations.
Ceigall India Limited announced a leadership overhaul, appointing InsuranceDekho CEO Ankit Kumar Agrawal as Independent Director and naming Grant Thornton Bharat LLP as Internal Auditor. The company also confirmed the resignation of Whole-Time Director Chitwon Wason effective May 20, 2026, alongside the re-appointment of two other directors for five-year terms.
Ceigall India reports strong FY26 performance with consolidated revenue of ₹40,224 million (up 17% YoY) and EBITDA of ₹5,854 million. Strategy focuses on diversification into renewables, power transmission, and global expansion.
Ceigall India delivered strong FY26 performance with consolidated revenue of ₹40,224M (+17% YoY) and EBITDA of ₹5,854M. The company is diversifying from highways into renewables, T&D, and metro projects.
Ceigall India Limited reported FY26 consolidated revenue of ₹4,022.40 Crore, up 17% YoY. Full-year PAT stood at ₹308.9 Crore, while the order book reached ₹18,554.3 Crore as of March 31, 2026. The company demonstrated strong growth driven by consistent EPC execution and strategic diversification into renewable energy and power transmission segments.
Ceigall India Limited's Board of Directors recommended a final dividend of ₹0.5 per equity share for the financial year ended March 31, 2026. The record date and general meeting date for shareholder approval will be determined in a subsequent board meeting.
Ceigall India Ltd reported revenue from operations of ₹1,386 Cr (+37.1% YoY) and net profit of ₹129 Cr (+78.2% YoY) for Q4 FY26.
Ceigall India Ltd approved audited FY26 financial results and recommended a final dividend of Rs. 0.50 per share. The board also appointed new independent directors and internal/cost auditors, following the resignation of a Whole-Time Director. Consolidated annual revenue reached ₹4,022.40 Crore with a net profit of ₹311.89 Crore.
Ceigall India Ltd has received a Completion Certificate for its ₹881 Crore Greenfield Delhi-Amritsar-Katra Expressway project (Package 07) in Punjab. The 35.15 KM stretch was certified as completed on February 26, 2026. This formal certification marks the successful execution of a significant EPC contract awarded in July 2021.
Ceigall India Limited's JV secured a ₹918.04 Crore contract from Jaipur Metro Rail Corporation Ltd. The project involves designing and constructing a 10.8 km elevated viaduct and ten stations for Jaipur Metro Phase-II. Execution is scheduled over 34 months, significantly boosting the company's urban infrastructure order book.
Ceigall India Limited has submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. Issued by Lal Ghai & Associates, the report confirms the company's adherence to SEBI regulations and secretarial standards, noting a previous minor delay in board meeting intimation which was subsequently regularized via penalty payment.
Ceigall India Limited emerged as the H1 bidder for a ₹0.14 Crore de-silting contract from the Water Resources Department, Punjab. The project involving the Abohar Branch must be executed within 20 days. De-silted material will be used for the company's adjoining projects, with royalties payable to the Punjab government.
Ceigall India Limited has scheduled a Board Meeting for May 7, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The board will also consider a final dividend recommendation for FY 2025-26. Consequently, the trading window for dealing in company securities remains closed.
Ceigall India Limited has incorporated a new subsidiary, Ceigall Ambala Chandigarh Zirakpur Limited, as a Special Purpose Vehicle. The SPV will implement a 6-lane spur connectivity project in Punjab awarded by NHAI under the Hybrid Annuity Mode. The initial cash consideration for incorporation is ₹0.01 Crore.
Ceigall India Ltd approved the incorporation of a new step-down subsidiary, Ceigall Ambala Chandigarh Zirakpur Limited, with a subscription cost of ₹0.0026 Crore. This SPV will execute a 6-lane spur connectivity project in Punjab awarded by NHAI. The company will hold a 26% stake in the newly formed entity.
Ceigall India Limited confirmed it does not meet the SEBI criteria for 'Large Corporate' classification as of March 31, 2026. Consequently, the company is not required to file initial or annual disclosures related to debt security issuance frameworks for large corporates.
Ceigall India Limited submitted a clarification to the NSE regarding its Q2 FY2025 financial results XBRL filing. The company corrected an inadvertent clerical error where reporting was incorrectly marked as 'Half-Yearly' instead of 'Quarterly'. This administrative correction ensures regulatory compliance and accurate record-keeping on the exchange.
Ceigall India Limited submitted its quarterly confirmation certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations for the period ended March 31, 2026. The certificate from RTA MUFG Intime India confirms that security certificates received for dematerialisation were processed and cancelled within prescribed timelines.