Ceigall India Limited — JV/Acquisition, 02-01-2026: Acquisition

Ceigall India's management committee has approved the 100% acquisition of Velgaon Power Transmission Limited (VPTL) for ₹0.05 Cr. This strategic move solidifies Ceigall's entry into the power transmission and distribution sector, specifically for the 400/220 kV Velgaon Substation project awarded earlier. This expansion leverages its recent project wins, demonstrating a clear focus on diversifying its infrastructure portfolio. Additionally, Ceigall is setting up new project-specific entities for upcoming solar and highway projects in Madhya Pradesh.