Ceigall India Limited has informed the Exchange about Bagging/Receiving of orders/contracts
CEIGALL · price
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Ceigall India, in a joint venture with Sushee Infra & Mining (CIL 74%, SIML 26%), has emerged as the L1 bidder for 3 additional road construction contracts from the Ministry of Road Transport and Highways. The projects involve building sections of NH-913 (Frontier Highway) in Arunachal Pradesh on EPC mode, with individual bid costs of Rs. 611.10 crore, Rs. 525.00 crore, and Rs. 492.52 crore. Combined with a previous L1 bid announced on 11th March 2026 (Rs. 521 crore), the company has secured 4 projects in a single day aggregating to Rs. 2,149.62 crores. Construction periods range from 36 to 48 months, followed by a 5-year maintenance period for each project.
This is a major order inflow that significantly strengthens Ceigall India's order book and provides multi-year revenue visibility from a central government client. The Rs. 2,149 crore haul in a single day is likely a substantial portion of annual revenue, reinforcing the company's position in the highway EPC space and likely to be viewed positively by the market.