Ceigall India Limited — Important, 29-03-2025: General Updates

Ceigall India Limited's wholly-owned subsidiary, Ceigall Infra Projects Private Limited, has executed an Inter Corporate Deposit agreement for ₹50 Crore with C & C Construction Limited. This financial assistance aims to support the borrower's needs, and the agreement is secured by deposit of title deeds of property. With no special rights or related party considerations impacting this arrangement, the transaction operates on an arm's length basis. Investors might view this as a neutral impact opportunity, allowing Ceigall to strengthen its financial dealings while managing potential risks related to lending arrangements.