Ceigall India Limited has informed the Exchange about General Updates
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Ceigall India has received a Completion Certificate from the Authority's Engineer dated 05th May 2026 for its Delhi-Amritsar-Katra Expressway highway project. The project involved constructing a four-lane Greenfield expressway stretch of 35.15 KM in Punjab under Bharatmala Pariyojna on EPC mode. The project had a bid cost of Rs. 881 crore, was awarded on 20th July 2021, with an estimated completion date of 1st October 2025 (with authorized extension), and was completed on 26th February 2026. A small de-linking part of work remains excepted from the certificate. The document also lists 10 other ongoing infrastructure projects including highway constructions in Punjab, J&K, Bihar, Uttar Pradesh, and Maharashtra.
Project completion signals strong execution capability for a Rs. 881 crore highway contract, likely enabling revenue recognition and cash flow realization. This is a positive development for shareholders as it demonstrates successful delivery of a major infrastructure project.