NSEPress Release21 Aug 2026 · 21 Aug 2026, 10:44 am

Press Release

Ceigall India Limited · CEIGALL

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Ceigall India Limited has received a ₹225 crore Letter of Award (LOA) from Himachal Pradesh State Industrial Development Corporation Limited (HPSIDC) for the development of the Bulk Drug Park at Una, Himachal Pradesh.

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Growth Catalyst9/10
Governance Concern1/10
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Liquidity Impact9/10
Market Sentiment9/10

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Full Announcement

Ceigall India Limited has informed the Exchange regarding a press release dated August 21, 2026, titled "Ceigall India Strengthens Pan-India Growth Momentum with ₹225 Crore Bulk Drug Park Order in Himachal Pradesh".

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ceigall_21082026104354_Intimation_LOA_21-08-2026.pdf

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Date :21.08.2026 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: Intimation pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir / Madam, In continuation to our earlier letters dated 11th August 2025 and 30th September 2025, we are pleased to inform you that Company has received Letter of Award (LOA) from Himachal Pradesh State Industrial Development Corporation Limited (HPSIDC) via email dated 20th August 2026 for the work “Development of Bulk Drug Park at Una Distt. Una (HP). SH: Formation cutting, construction of internal roads, storm water drains, bridge and fencing PH-I”. The details as required under Regulation 30 of SEBI (LODR) Regulations, 2015 read with SEBI Master Circulars dated January 30, 2026, are mentioned as below: - Sl. Particulars Remarks 1. Name of the entity awarding the Himachal Pradesh State Industrial order(s)/contract(s); Development Corporation Limited (HPSIDC) 2. Significant terms and conditions of a) Item Rate Contract order(s)/contract(s) awarded in brief; b) Performance security @ 3% of Contract 3. Whether order(s) / contract(s) have Domestic Entity been awarded by domestic/ international entity; 4. Nature of order(s) / contract(s); Development of Bulk Drug Park at UNA Distt, UNA (H.P.) SH formation Cutting, c/o internal road, Storm water drains, bridge and fencing PH-I. 5. Whether domestic or international. Domestic 6. Time period by which the 18 Months order(s)/contract(s) is to be executed. 7 Broad consideration or size of the Awarded Cost- Rs.225.00 Crore order(s)/contract(s); (including GST) 8. Whether the promoter/ promoter group / group companies have any interest in No the entity that awarded the order(s)/contract(s)? If yes, nature of interest and details thereof. 9. Whether the order(s)/contract(s) would fall within related party transactions? If No yes, whether the same is done at “arm’s length”. Please find enclosed the Press Release titled “Ceigall India Strengthens Pan-India Growth Momentum with ₹225 Crore Bulk Drug Park Order in Himachal Pradesh”. 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 LIMITED “Ceigall India Strengthens Pan-India Growth Momentum with ₹225 Crore Bulk Drug Park Order in Himachal Pradesh” • New order reinforces the company’s growing presence across geographies and its contribution to India’s infrastructure and industrial development National, August 21, 2026: Ceigall India Limited (CIL), one of India’s leading infrastructure development companies, has received a Letter of Award (LOA) from Himachal Pradesh State Industrial Development Corporation Limited (HPSIDC) for the ₹225 crore development of the Bulk Drug Park at Una, Himachal Pradesh. The project involves formation cutting, construction of internal roads, storm water drains, a bridge and fencing as part of PH-I of the development. The order, awarded as an item-rate contract, has an execution period of 18 months. The project adds to Ceigall India’s growing portfolio of infrastructure projects across the country and further strengthens its presence in the development of critical infrastructure supporting India’s industrial and economic growth. The development of the Bulk Drug Park is expected to create essential infrastructure for a strategically important industrial ecosystem, with the project scope encompassing road connectivity, drainage infrastructure, bridge construction and associated development works. Commenting on the order, Ramneek Sehgal, Managing Director, Ceigall India Limited, said, “This order for the development of the Bulk Drug Park in Una marks another important milestone in Ceigall India’s journey of sustained growth across the country. Our expanding order portfolio across diverse geographies and infrastructure segments reflects the trust placed in our execution capabilities and our ability to undertake projects of national and regional significance. As India progresses towards the vision of Viksit Bharat 2047, we remain committed to contributing to the creation of robust infrastructure that strengthens industrial development, improves connectivity and supports long-term economic growth. We look forward to bringing our execution expertise to this project and further expanding our contribution to India’s infrastructure transformation.” With this project, Ceigall India continues to build on its strategy of expanding its geographic presence and diversifying its infrastructure portfolio. The company remains focused on leveraging its execution capabilities to participate in projects aligned with India’s evolving infrastructure requirements and the broader objective of building a stronger, more connected and industrially resilient economy. 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 as well as Hybrid Annuity Model (HAM) formats and has a strong track record of timely execution across multiple states in India. With a growing order book and diversified project portfolio, Ceigall India continues to play a key role in India’s infrastructure development journey. *************