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Ceigall targets 15% sales growth, plans to cut debt by ₹750 crore through asset sales
Ramneek Sehgal, Chairman and Managing Director of Ceigall India, said planned sales of three road assets could reduce debt by around ₹750 crore and bring more than ₹400 crore of equity into the company. The infrastructure firm is also exploring opportunities in GCC markets while maintaining its focus on domestic project execution.
Ceigall India arm inks pact to monetise highway asset for Rs 177-cr
Ceigall India announced that its wholly owned subsidiary, Ceigall Infra Projects has entered into a definitive agreement to divest its stake in Ceigall Malout Abohar Sadhuwali Highways (CMASH) to Neo Infra Income Opportunity Fund.
Ceigall India signs ₹177 crore definitive pact with Neo Infra Fund for CMASH divestment
Ceigall India has signed a definitive agreement to divest its stake in CMASH to Neo Infra Income Opportunity Fund for ₹177 crore, as part of its infrastructure asset monetisation strategy.
Ceigall India shares gain on selection for ₹250 crore Punjab battery storage project
Ceigall India shares rose after it won a 100 MW BESS project in Punjab from PSPCL, worth about ₹250 crore, boosting the stock over 2%. The project will operate for 12 years, with completion expected in 18 months.
Ceigall subsidiary secures two projects of Punjab Infrastructure Development Board
Ceigall Infra Projects (CIPPL), a wholly owned subsidiary of Ceigall India (CIL) has emerged as the L1 bidder in the financial bid opening for two (2) tenders by the Punjab Infrastructure Development Board on 16 March 2026. These include:
Ceigall India JV secures road project of Rs 274 cr in Arunachal Pradesh
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Ceigall India JV bags four road projects worth ₹2,150 crore in Arunachal Pradesh
Ceigall India Ltd and Sushee Infra & Mining Ltd's joint venture won four MoRTH road projects worth ₹2,149.62 crore in Arunachal Pradesh under EPC mode.
Ceigall India gains as JV emerges L1 bidder for highway project in AP
Ceigall India rose 1.51% to Rs 282.35 after the firm said that its joint venture (JV) with Sushee Infra & Mining (SIML) has emerged as lowest bidder (L1) for a road construction project in Arunachal Pradesh (AP).