In continuation of our letter dated December 31, 2025, and accordance with the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we ....
CEIGALL · price
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Ceigall India Ltd's subsidiary, Ceigall Ayodhya Bypass Private Limited, has achieved 35% physical progress on the Southern Ayodhya Bypass highway construction project as of May 7, 2026. The project involves constructing a 4/6 lane bypass spanning 32.172 km on HAM (Hybrid Annuity Model) basis under NHDP Phase-VII in Uttar Pradesh. Notably, Project Milestone II under the Concession Agreement has been successfully completed 92 days ahead of the scheduled date, indicating faster-than-expected execution. This is a continuation update following the company's earlier letter dated December 31, 2025, disclosed in compliance with SEBI Listing Regulations.
Ahead-of-schedule milestone achievement is a positive signal for shareholders, suggesting efficient project execution and potential for timely revenue generation from this infrastructure contract.