Gurugram, January 22, 2026 – Ceigall India Limited (NSE: CEIGALL | BSE: 544223) on Thursday announced that its wholly owned subsidiary, Ceigall Infra Projects Private Limited, has emerged as the lowest bidder in the financial bid for a major national highway project in Bihar, with a bid value of ₹2,160 crore.
Project Scope and Execution Details
The project involves the construction of a four-lane highway stretch on NH 139W, covering a total length of 78.942 km in Bihar. The work has been structured under the Hybrid Annuity Model and is divided into two sections:| Section | Stretch | Length (km) |
|---|---|---|
| Section 1 | Sahebganj to Areraj | 38.362 |
| Section 2 | Areraj to Bettiah | 40.580 |
| Total | 78.942 |
Contract Value and Key Terms
| Particulars | Details |
|---|---|
| Bid value | ₹2,160 crore |
| Contract model | Hybrid Annuity Mode |
| Execution entity | Ceigall Infra Projects Private Limited |
| Construction timeline | 730 days |
| O&M period | 15 years |
| Nature of awarding entity | Domestic |
Share Price Snapshot
Shares of Ceigall India Limited were trading higher in early trade on Thursday, reflecting positive market sentiment following the order win announcement.As of 09:19 IST on January 22, 2026, the stock was quoted at ₹275.00, up ₹5.35 or 1.98 percent from its previous close of ₹269.65.
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