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An announcement from Ceigall India Limited ( (IN:CEIGALL) ) is now available.
Ceigall India Limited announced that its subsidiary, Ceigall Ludhiana Bathina Greenfield Highway Private Limited, has received confirmation from the National Highways Authority of India for the appointed date of September 29, 2025, for a major highway project. This project involves the development of a 6-lane access-controlled highway section in Punjab, which is part of the Ludhiana-Ajmer Economic Corridor under the Bharatmala Pariyojna Phase-I. The project, valued at INR 981 crore, will be executed under the Hybrid Annuity Mode with a construction period of 730 days and an operation period of 15 years, potentially enhancing the company’s market position and infrastructure capabilities.
More about Ceigall India Limited
Ceigall India Limited operates in the infrastructure industry, focusing on the development of highways and roads. The company is involved in projects that enhance connectivity and economic corridors, primarily through the construction of highways under various government initiatives.
Average Trading Volume: 31,381
Technical Sentiment Signal: Hold
Current Market Cap: 45.68B INR
See more data about CEIGALL stock on TipRanks’ Stock Analysis page.