CEIGALLBSECeigall India LtdMediumPositive
Announced Wed, 6 May · 11:21 IST

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we are pleased to inform that Ceigall India Ltd has received the Completion Certificate ....

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Price reaction · full curve 14 horizons · vs prior close
+5.3%1-day move
₹349.00
prior close
₹346.90
base price
In-mkt
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AI summary

Ceigall India Ltd has received a Completion Certificate from the Authority's Engineer dated 05th May 2026, certifying successful completion of a 35.15 KM stretch of the four-lane Greenfield Delhi-Amritsar-Katra Expressway. The project, awarded on 20th July 2021 with a bid project cost of Rs. 881.00 crore, was completed on 26th February 2026 under the Bharatmala Pariyojna in Punjab (Package - 07). The original estimated completion date was 01st October 2025, with authorised extension. The company had listed this project in its Red Herring Prospectus. This is an EPC (Engineering, Procurement, and Construction) contract project.

Likely market impact

Completion of this Rs. 881 crore highway project is a positive development for Ceigall India, validating successful execution and enabling revenue recognition from one of its major infrastructure projects.