NSEPress Release7 Jul 2026 · 7 Jul 2026, 08:17 pm
Press Release
Ceigall India Limited · CEIGALL
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Ceigall India Limited has announced the declaration of appointed dates for three highway projects valued at ₹4,050 crore, marking a significant execution milestone and strengthening its infrastructure portfolio.
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Full Announcement
Ceigall India Limited has informed the Exchange regarding a press release dated July 07, 2026, titled " Ceigall India Strengthens Infrastructure Portfolio with Appointed Dates forThree HAM Projects Valued at ₹4,050 Crore ".
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Date: 07-07-2026
To, To,
The General Manager, Manager-Listing Compliance,
Department of Corporate National Stock Exchange of India Limited,
Services, BSE Limited Exchange Plaza, C-1, Block G, Bandra Kurla
Phiroze Jeejeebhoy Towers Complex, Bandra East,
Dalal Street, Mumbai- 400001 Mumbai – 400051
Scrip Code: 544223 Symbol: CEIGALL
I SIN: INE0AG901020 ISIN: INE0AG901020
Ref: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Subject: Press Release on the Intimation of Declaration of Appointed Dates
Dear Sir/Ma’am,
With reference to the three intimations submitted to the Stock Exchanges today, i.e., 07 July 2026,
regarding the declaration of the Appointed Date as 06 July 2026 by the respective authorities in
respect of the following project SPVs:
1. Ceigall Indore Ujjain Greenfield Highway Limited – Indore–Ujjain Greenfield Highway Project
(Project Cost: ₹1,089 crore)
2. Ceigall VRK 11 Private Limited – Varanasi–Ranchi–Kolkata Highway, Package 11 (Project Cost:
₹1,656 crore)
3. Ceigall VRK 12 Private Limited – Varanasi–Ranchi–Kolkata Highway, Package 12 (Project Cost:
₹1,305 crore)
Please find enclosed the press release titled “Ceigall India Strengthens Infrastructure Portfolio
with Appointed Dates for Three HAM Projects Valued at ₹4,050 Crore”.
The above information is also placed on the website of the Company www.ceigall.com
Kindly take the same on your records.
Thanking You,
For Ceigall India Limited
Megha Kainth
Company Secretary
ICSI Membership No: F7639
Enclosure: as above
“Ceigall India Strengthens Infrastructure Portfolio with Appointed Dates for
Three HAM Projects Valued at ₹4,050 Crore”
Highway project under Hybrid Annuity Mode (HAM) includes:
• ₹1,656 crore Varanasi-Ranchi-Kolkata Highway Package 11
• ₹1,305 crore Varanasi-Ranchi-Kolkata Highway Package 12
• ₹1,089 crore Indore-Ujjain Greenfield Highway
New Delhi, July 07, 2026: Ceigall India Limited, one of India's leading infrastructure EPC
companies, has achieved a significant execution milestone after receiving the Appointed Date for
three strategic highway projects with a combined value of ₹4,050 crore. The milestone enables
the commencement of construction across key road infrastructure projects in Jharkhand and
Madhya Pradesh, further strengthening the Company's execution pipeline and reinforcing its
position as a leading partner in India's infrastructure development.
The Appointed Date of July 6, 2026 has been declared for all three projects by the respective
project authorities, paving the way for construction activities to begin.
The projects include:
• Varanasi-Ranchi-Kolkata Greenfield Highway (Package 11) – Construction of a six-lane
access-controlled Greenfield highway from Donoreshan village to Bongabar village in
Jharkhand under the Bharatmala Pariyojana on Hybrid Annuity Mode (HAM), with a
project value of ₹1,656 crore.
• Varanasi-Ranchi-Kolkata Greenfield Highway (Package 12) – Construction of a six-lane
Greenfield highway from Bongabar village to Lepo village in Jharkhand under the
Bharatmala Pariyojana on Hybrid Annuity Mode (HAM), with a project value of ₹1,305
crore.
• Indore-Ujjain Greenfield Highway – Construction of a four-lane access-controlled
Greenfield highway connecting Indore and Ujjain in Madhya Pradesh under Hybrid
Annuity Mode (HAM), with a project value of ₹1,089 crore.
Together, the three projects represent a significant addition to Ceigall India's execution portfolio
and underscore the Company's continued momentum in delivering complex road infrastructure
projects across the country. The two Jharkhand packages form part of the Varanasi-Ranchi-
Kolkata Greenfield Corridor under the Bharatmala Pariyojana, while the Indore-Ujjain project is
expected to strengthen regional connectivity and improve travel efficiency in Madhya Pradesh.
Commenting on the development, Mr. Ramneek Sehgal, Chairman & Managing Director, Ceigall
India Limited, said:
"The declaration of the Appointed Date for these three projects marks another important milestone
in our growth journey and reinforces the confidence that project authorities continue to place in
Ceigall India's execution capabilities. These project wins further strengthen our order book and
provide strong visibility for sustained growth as we continue to deliver high-quality infrastructure
across the country. As India accelerates investments in world-class transport infrastructure, we
remain committed to executing projects that improve connectivity, support economic development,
and contribute meaningfully towards the nation's vision of a Viksit Bharat by 2047. Our focus
remains on timely execution, engineering excellence, and creating infrastructure that serves
generations to come."
With construction now set to commence, Ceigall India continues to strengthen its portfolio of
highway projects while contributing to India's expanding multimodal infrastructure network
through timely execution and best-in-class engineering capabilities.
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