Ceigall India Boosts Infrastructure Portfolio with Appointed Dates for ₹4,050 Crore Highway Projects
Ceigall India Limited, a leading infrastructure EPC company, has secured a major execution milestone after receiving the Appointed Date for three strategic highway projects. These projects, which include Greenfield highways under Hybrid Annuity Mode (HAM), collectively total ₹4,050 crore and enable the commencement of construction across key road infrastructure in Madhya Pradesh and Jharkhand.The declaration of the Appointed Date by respective project authorities on July 6, 2026, solidifies Ceigall India's position in the national infrastructure landscape. The three projects represent a significant addition to the company’s execution portfolio, reinforcing its capabilities in delivering complex road infrastructure across India.
The completed projects and their associated values are detailed below:
| Project SPV | Roadway | Location/Corridor | Project Cost |
|---|---|---|---|
| Ceigall Indore Ujjain Greenfield Highway Limited | Four-lane access controlled Greenfield highway | Connecting Indore and Ujjain in Madhya Pradesh | ₹1,089 crore |
| Ceigall VRK 11 Private Limited | Six-lane access controlled Greenfield highway | Varanasi-Ranchi-Kolkata Corridor (Donoreshan to Bongabar) | ₹1,656 crore |
| Ceigall VRK 12 Private Limited | Six-lane Greenfield highway | Varanasi-Ranchi-Kolkata Corridor (Bongabar to Lepo) | ₹1,305 crore |
The projects are designated under the Bharatmala Pariyojana. The two packages in Jharkhand form part of the Varanasi-Ranchi-Kolkata Greenfield Corridor, while the Indore-Ujjain project is slated to improve regional connectivity and travel efficiency in Madhya Pradesh.
Commenting on this significant development, Mr. Ramneek Sehgal, Chairman & Managing Director of Ceigall India Limited, stated that the Appointed Date marks an important milestone in the company’s growth trajectory. He emphasized that the projects strengthen the company's order book and provide strong visibility for sustained growth as the organization continues to deliver high-quality infrastructure nationwide.
Mr. Sehgal added that while India accelerates investments in world class transport infrastructure, Ceigall remains committed to executing projects that support economic development, improve connectivity, and contribute meaningfully toward the nation’s vision.
With construction now set to commence, Ceigall India is actively strengthening its highway project portfolio through timely execution and best-in-class engineering capabilities, contributing to the expanding multimodal infrastructure network of the country.
CEIGALL Stock Price Movement
Ceigall India Limited shares rallied today, gaining 5.86% as they settled at ₹379.05 after the market close. The stock saw significant activity, with 896,248 shares traded during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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