NSEPress Release21 Aug 2026 · 21 Aug 2026, 10:44 am
Press Release
Ceigall India Limited · CEIGALL
✦ AI Summary▲ PositiveOrder Win
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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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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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.
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