Ceigall India SPV signs Concession Agreement with NHAI for INR 603 Cr project

Govt Defence OrderOrder Above 5pct RevenueBusiness Updates View source PDF Explain this filing

CEIGALL · price

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Price reactionminutes from the announcement price · days from the prior close

-1.7%Reaction day

₹369.20

prior close

₹366.40

announcement price

In-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-1.4%-0.2% vs market

Civil Construction peers, median of 99sector-1.1%-0.6% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250 and 0.6 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.4

10m

+2.1

15m

+1.7

30m

+0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.7-1.4-0.2-1.1-0.6

Next day

-0.5-2.5+2.1-2.3+1.8

+1.3+0.4+0.9+0.1+1.2

+2.4+2.2+0.2+1.8+0.6

+0.4+2.7-2.4+2.1-1.7

+1.3+3.9-2.6+2.3-1.0

+2.1+5.2-3.1+3.5-1.4

15d

+4.3+6.5-2.2+2.8+1.5

-1.1+6.9-8.0+1.7-2.8

-13.6+9.1-22.7-0.2-13.4

+2.8+11.6-8.8-5.5+8.3

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 99Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Ceigall India's Project SPV (Ceigall Ambala Chandigarh Zirakpur Limited) has executed a Concession Agreement with the National Highways Authority of India (NHAI) on 09 June 2026. The project involves construction of a 6-lane access controlled spur connectivity of 10.300 Km in Punjab under Hybrid Annuity Mode (HAM). Estimated project cost is INR 603 Crores excluding GST, with an 18-month construction period and 15-year operation and maintenance period.

Likely market impact

Major government infrastructure order worth INR 603 Cr boosts order book and gives revenue visibility over 18-month build and 15-year maintenance.