BSECompany Update2d ago · 3 Sept 2026, 04:03 pm

In continuation of our letter dated 03rd September 2026 and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed ....

Ceigall India Ltd · 544223

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Ceigall India Ltd has received a Letter of Intent (LoI) from REC Power Development and Consultancy Limited for a ₹5,300 crore transmission project in Gujarat, with a 36-month execution period and 35-year operational period.

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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact9/10
Market Sentiment9/10

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Ceigall India Ltd - 544223 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

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Date: 03.09.2026 To, To, The General Manager, Manager-Listing Compliance, Department of Corporate National Stock Exchange of India Services, BSE Limited Limited, Exchange Plaza, C-1, Phiroze Jeejeebhoy Towers Block G, Bandra Kurla Complex, Dalal Street, Mumbai- Bandra East, Mumbai – 400 051 400 001 Symbol: CEIGALL Scrip Code:544223 ISIN: INE0AG901020 ISIN: INE0AG901020 Subject: Press Release Dear Sir / Madam, In continuation of our letter dated 03rd September 2026 and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the press release titled “Ceigall India Receives LOI of ₹5,300 Crore for Transmission Project for Power Evacuation in Gujarat”. The above intimation is also available on the Company’s website: www.ceigall.com . You are requested to take the above information on your record. Thanking you, For Ceigall India Limited Megha Kainth Company Secretary & Compliance officer Membership No.: F7639 “Ceigall India Receives LOI of ₹5,300 Crore for Transmission Project for Power Evacuation in Gujarat” • LoI awarded by REC Power Development and Consultancy Limited (RECPDCL) for a major common transmission system project • Project involves development of a 765/400 kV AIS substation and approximately 300 km of transmission lines • The project carries a 36-month execution period and 35-year operational period New Delhi, 03 September 2026: Ceigall India Limited (CIL), one of India’s leading infrastructure development companies, today announced that it has received a Letter of Intent (LoI) from REC Power Development and Consultancy Limited (RECPDCL) for the development of a major common transmission system in Gujarat. The LoI has been awarded for the “Common Transmission System for evacuation of power from Lakadia (Phase-II: 7.5 GW), Jam Khambhaliya (Phase-II: 5.5 GW) and Jamnagar (Phase-I: 1 GW) – Part-B” project. The project entails the development of a 765/400 kV Air Insulated Substation (AIS) along with approximately 300 km of transmission lines. The project is valued at approximately ₹5,300 crore (inclusive of GST). The Company will receive annual transmission charges of ₹608.67 crore each year over the 35-year operational period. Execution is expected to take 36 months, followed by this 35-year operational period. The project forms part of the transmission infrastructure being developed to facilitate the evacuation of power from key renewable energy zones in Gujarat, including Lakadia, Jam Khambhaliya and Jamnagar. “This project marks an important milestone in Ceigall India’s journey towards strengthening its presence in the transmission infrastructure segment. The project will contribute to the development of critical power transmission infrastructure in Gujarat and support the efficient evacuation of power from key generation regions. With our strong execution capabilities and focus on large-scale infrastructure development, we remain committed to contributing to India’s evolving energy and infrastructure landscape while creating long-term value for all our stakeholders,” said Mr. Ramneek Sehgal, Managing Director, Ceigall India Limited. With the award of this LoI, Ceigall India further strengthens its presence in the infrastructure and transmission segment, building on its capabilities in executing large-scale infrastructure projects. The project will contribute towards strengthening transmission infrastructure and supporting the efficient evacuation of power from major generation hubs. Ceigall India remains focused on expanding its infrastructure portfolio and leveraging its execution capabilities to participate in projects that support the development of India's critical infrastructure network. About Ceigall India Limited - (BSE: 544223 | NSE: CEIGALL) Ceigall India Limited is an infrastructure engineering, procurement, and construction (EPC) company engaged in the development of highways, expressways, bridges, flyovers, railway overbridges, tunnels, and runways. The Company executes projects under EPC and Hybrid Annuity Model (HAM) formats and has a strong track record of timely execution across multiple states in India. Building on its proven execution capabilities, the Company is also expanding its presence in the renewable energy sector through utility-scale solar and Battery Energy Storage System (BESS) projects, further diversifying its infrastructure portfolio. With a growing order book and diversified project portfolio, Ceigall India continues to play a key role in India’s infrastructure development journey. *************