Ceigall board approves Singapore WOS and Dubai step-down subsidiary setup
CEIGALL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.8 pts less than Nifty Microcap 250 and 2.5 pts less than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Board approved incorporating a wholly owned subsidiary in Singapore and a step-down subsidiary in Dubai, UAE, marking the company's first overseas subsidiary expansion. The board also approved unaudited Q2 FY26 results: standalone revenue of Rs 786.97 crore, PBT of Rs 74.47 crore, and EPS of Rs 3.21. Consolidated revenue was Rs 806.57 crore with PBT of Rs 77.23 crore.
Signals overseas expansion push; standalone Q2 profit came in at Rs 55.86 crore with steady margins.