BSECompany Update3d ago · 13 Oct 2026, 05:22 pm
In continuation of our letter dated 13th October 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 Completion Certificate for ?1,659.84 Crore Delhi-Saharanpur Highway Project'.
Ceigall India Ltd · 544223
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Ceigall India Ltd has received the Completion Certificate for the Delhi-Saharanpur Highway Project, a key stretch of National Highway 709B, with a revised estimated cost of ₹1,659.84 crore. The project forms part of the Economic Corridor under Phase I of Bharatmala Pariyojana and was declared fit for entry into operation with effect from September 12, 2024.
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Ceigall India Ltd - 544223 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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Date: 13.10.2026
To, To,
The General Manager, Manager-Listing Compliance,
Department of Corporate National Stock Exchange of India
Services, BSE Limited Limited, Exchange Plaza, C-1, Block
Phiroze Jeejeebhoy Towers G, Bandra Kurla Complex, Bandra
Dalal Street, Mumbai- 400 001 East, Mumbai – 400 051
Scrip Code:544223 Symbol: CEIGALL
ISIN: INE0AG901020 ISIN: INE0AG901020
Subject: Press Release
Dear Sir / Madam,
In continuation of our letter dated 13th October 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 Completion Certificate for ₹1,659.84 Crore Delhi–
Saharanpur Highway Project”.
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 Completion Certificate for ₹1,659.84 Crore Delhi–
Saharanpur Highway Project”
● Completion Certificate received for the 16.85-km, six-lane, access-controlled stretch of NH-
709B from the Delhi/UP Border to the Eastern Peripheral Expressway (EPE) Junction
● The project, with a revised estimated cost of ₹1,659.84 crore, forms part of the Economic
Corridor under Phase I of Bharatmala Pariyojana
● The highway was declared fit for entry into operation with effect from September 12, 2024
● Ceigall India will undertake Operation & Maintenance of the stretch at ₹2.88 crore per annum,
plus escalation
National, October 13, 2026: Ceigall India Limited (BSE: 544223 | NSE: CEIGALL), one of India’s leading
infrastructure developers and EPC companies, has received the Completion Certificate from the
Authority’s Engineer for a key stretch of the Delhi–Saharanpur Highway in Uttar Pradesh, executed
jointly with Gayatri Projects Limited. The certificate, dated October 12, 2026, is a key contractual
milestone and formally certifies the completion of all highway works.
The project involves the development of a six-lane, access-controlled section of National Highway
709B for the National Highways Authority of India (NHAI), from the Delhi/UP Border to the EPE
Junction (Chainage 14.750 km to 31.600 km). With a revised estimated project cost of ₹1,659.84 crore,
the stretch forms part of the Economic Corridor being developed under Phase I of Bharatmala
Pariyojana, the Government of India’s flagship programme to improve highway connectivity across
the country.
The Completion Certificate confirms that all works forming part of the Project Highway have been
completed. The Authority’s Engineer had declared the highway fit for entry into operation with effect
from September 12, 2024, within the 30-day cure period following the extended completion date of
August 15, 2024.
Commenting on the development, Ramneek Sehgal, Chairman & Managing Director, Ceigall India
Limited, said, “The Completion Certificate for the Delhi–Saharanpur Highway is an important
milestone for Ceigall. Access-controlled corridors such as this are critical to regional connectivity and
to the faster movement of people and goods into the National Capital Region. The project adds to our
track record of delivering large and complex highway works, and we will continue to serve the stretch
through its operation and maintenance. We remain committed to building infrastructure that supports
India’s long-term growth.”
The project was awarded on April 16, 2022, with a scheduled completion date of November 7, 2023,
which was subsequently extended to August 15, 2024. The certificate adds to Ceigall’s record of
completed highway projects as the Company continues to execute projects across roads, metro,
renewable energy and power transmission.
About Ceigall India Limited (BSE: 544223 | NSE: CEIGALL)
Ceigall India Limited is one of India’s leading infrastructure developers, with over 24 years of EPC
expertise and a growing portfolio of long-term assets. Incorporated in 2002 and listed on the NSE and
BSE in 2024, the Company builds highways, expressways, elevated corridors, flyovers, bridges, railway
overbridges, tunnels, metro stations and runways, executing projects under EPC and Hybrid Annuity
Model (HAM) formats across 13 states. It has diversified into renewable energy, through utility-scale
solar and Battery Energy Storage System (BESS) projects, and into power transmission. The Company
holds long-term and short-term credit ratings of IND AA-/A1+ from India Ratings.
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