Ceigall India Limited — JV/Acquisition, 18-09-2025: Acquisition

Ceigall India's board has greenlit a significant move, approving a ₹50 Cr convertible loan to C & C Constructions Limited (CCCL) for its revival. This strategic pivot replaces an earlier merger proposal. Ceigall targets an initial stake of up to 94% in CCCL, eventually settling at 75%, pending NCLT approval. This deal provides crucial financial lifeline, positioning Ceigall for expanded operations in the construction sector through CCCL's integration.