Ceigall India Secures Road Maintenance Contract from Delhi Public Works Department for Rs 330.84 Crores
Ceigall India Limited (CIL) has secured a significant contract related to road maintenance and strengthening works in the South Maintenance Zone of the Delhi Public Works Department (PWD). CIL emerged as the L1 bidder following the opening of financial bids on June 29, 2026, for Tender ID: 2026_PWD_289374_1.The contract awarded by the Public Works Department in Delhi amounts to Rs 330.84 Crores (including GST). This bid amount is approximately 29% above the estimated tender cost of Rs 256.46 Crores set by the PWD.
The contract involves various strengthening and other works across roads within the South Maintenance Zone of the PWD, scheduled for execution during the fiscal year 2026-27.
Key details of the contract awarded to Ceigall India Limited include:
| Particulars | Detail |
|---|---|
| Awarding Entity | Public Works Department, Delhi Government |
| Nature of Work | Strengthening and other works of various roads under South Maintenance Zone, PWD |
| Contract Value (L1 Bid) | Rs 330.84 Crores (including GST) |
| Construction Period | 375 Days |
| Defect Liability Period | 12 Months after completion of work |
| Free Maintenance Period | 48 months after completion of defect liability period |
The contract is a domestic undertaking, and the company's promoters or promoter group have no interest in the entity awarding the contract. Furthermore, the order does not fall within related party transactions.
CEIGALL Stock Price Movement
In live trading as of 1:00 PM, Ceigall India Limited's stock sheds 0.49%, currently at ₹394 as investors monitor the shares. The equity has seen significant activity, with a volume of 773,986 shares following an intraday high of ₹405.7.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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