Ceigall wins arbitration award of INR 7.71 Crore from NHAI

Arbitration WonRegulatory & Legal View source PDF Explain this filing

CEIGALL · price

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Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.1%+1.0% vs market

Civil Construction peers, median of 93sector-0.3%+1.2% vs sector

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AI summary

Ceigall India won an arbitration award of INR 7.71 Crore plus GST from the Arbitral Tribunal against NHAI. The dispute relates to a completed highway project for rehabilitation and augmentation of NH-354 from Ramdas to Gurdaspur in Punjab under the Bharatmala scheme, finished in June 2020. The award includes 10 percent future interest if NHAI delays payment beyond three months from 13 January 2026.

Likely market impact

Positive cash inflow of INR 7.71 Crore from NHAI plus 10 percent interest if delayed. Favorable outcome on completed road project.