Ceigall India Limited — Important, 28-03-2025: General Updates

Ceigall India Ltd has received the Completion Certificate for its 6-lane Stand-alone Grade Separated structures project on NH-3 in Maharashtra, with the project now approved for operation from January 10, 2025. The total cost of the awarded project is Rs 811.33 million, initially set for completion by February 28, 2023. This update reflects effective project management and could improve operational cash flow, potentially enhancing investor confidence. With this project milestone achieved, the company is well-positioned for growth as it demonstrates its capability in handling significant infrastructure projects.