Ceigall India Limited — JV/Acquisition, 09-01-2026: Acquisition

Ceigall India has completed a strategic acquisition, taking full ownership (100%) of Velgaon Power Transmission Limited (VPTL) for ₹1.89 Cr. This move transforms VPTL into Ceigall's wholly-owned subsidiary. The acquisition is a crucial step to enable Ceigall to proceed with the "Establishment of 400/220 kV Velgaon Substation (GIS)" project, which it recently secured. By acquiring this project-specific entity, Ceigall streamlines its path to executing significant power transmission and distribution infrastructure projects, bolstering its operational footprint in the sector.