Ceigall India Limited has informed the Exchange regarding a press release dated February 12, 2026, titled "Ceigall Infra Secures ₹2,160 Crore NHAI HAM Road Project in Bihar".
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Ceigall India's wholly owned subsidiary, Ceigall Infra Projects, has received a Letter of Award from NHAI for a ₹2,160 crore highway project in Bihar. The work involves four-laning the 78.942 km Sahebganj–Areraj–Bettiah section of NH-139W under the Hybrid Annuity Model (HAM). The construction period is 730 days, followed by a 15-year operation and maintenance phase. The LOA was dated February 11, 2026, and management highlighted this as a strategic addition to the company's order book, aligned with the PM Gati Shakti infrastructure vision.
A significant order win that strengthens Ceigall's order book and provides long-term revenue visibility through the HAM annuity structure, which typically offers predictable cash flows. Positive signal for the company's growth pipeline and execution track record in national highway projects.