Ceigall Secures Key Highway Project in Madhya Pradesh with Appointed Date Declared
Ceigall India Ltd has confirmed that its subsidiary, Ceigall Indore Ujjain Greenfield Highway Limited, has been informed of the official appointed date for a major highway construction project in Madhya Pradesh. The project is set to commence under Hybrid Annuity Mode (HAM).The declaration comes following notification from the Madhya Pradesh Road Development Corporation Ltd., confirming that July 6, 2026, serves as the Appointed Date for the undertaking.
The project involves the construction of a crucial infrastructure link within the state. The details of the highway project are as follows:
| Feature | Details |
|---|---|
| Project Name | Construction of Indore Ujjain Greenfield (Access Control) 4 lane with paved shoulder project highway |
| Location Scope | Starting from Km. 0.000 near Pitra Parvat and terminating at Km. 48.100 (Simhastha bypass km 2.600) |
| Project Length | 48.10 Kilometers |
| Mode of Operation | Hybrid Annuity Mode (HAM) |
| Bid Project Cost | Rs. 1089.00 Cr. |
| Appointed Date | July 6, 2026 |
The project aims to improve connectivity by constructing a four-lane highway with paved shoulders in the Indore Ujjain region. The completion of this milestone marks a significant step for Ceigall’s infrastructure portfolio as it moves forward under this key contract.
CEIGALL Stock Price Movement
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