Ceigall India Limited has informed the Exchange about Bagging/Receiving of orders/contracts, we wish to inform you that Ceigall Infra Projects Private Limited, a wholly owned subsidiary of the Company, has emerged as the L1 bidder in the financial bid opening for Tender ID: 2025_MPRDC_451546_1 dated 28th November 2025 from Madhya Pradesh Road Development Corporation Limited
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Awaiting price reaction for this filing.
Ceigall India Limited's wholly owned subsidiary, Ceigall Infra Projects Private Limited, has emerged as the lowest (L1) bidder in the financial bid opening for a road infrastructure tender from Madhya Pradesh Road Development Corporation Limited. The tender (ID: 2025_MPRDC_451546_1) was dated 28th November 2025. Being L1 means the subsidiary quoted the lowest price among competing bidders. However, the final contract award and order value have not yet been disclosed in this filing. Ceigall India is primarily engaged in road and highway construction projects across India.
Winning this tender could add to the company's order book and support future revenue, but since only L1 status is announced (not a confirmed contract award), investors should wait for the actual order value and formal award before assessing the financial impact on the stock.