Ceigall India Limited — Important, 21-05-2025: General Updates

Ceigall India’s subsidiary secured financial closure for a ₹981 Cr Ludhiana-Bathinda 6-lane highway project in Punjab. The 45 km access-controlled road will be built over 24 months, followed by a 15-year operational phase. This project enhances Ceigall’s infrastructure portfolio, ensuring steady annuity-based revenue and improved cash flow visibility.