Ceigall India Limited — Others, 15-11-2024: Rumour Verification - Regulation 30(11)

Ceigall India Limited has clarified a media report regarding the sale of five HAM road assets for $540 million, asserting that the information is factually incorrect. The company emphasizes its commitment to transparency and corporate governance, stating that it will continue to make timely disclosures as per applicable regulations. This clarification aims to mitigate any misconceptions that could affect investor sentiment. While this could lead to a neutral impact on stock performance, maintaining clear communication reinforces investor confidence in Ceigall's governance practices.