CEIGALL NSE filing

Ceigall India Secures ₹2,149.62 Cr MoRTH Contracts for Arunachal Pradesh Highway

The RealCase readHigh impact Positive

Ceigall India Limited, via its JV with Sushee Infra Mining Limited, secured four MoRTH contracts for road construction on NH-913 in Arunachal Pradesh. The aggregate bid cost is ₹2,149.62 crore. Projects include sections like Huri-Taliha and Sarli-Huri, with construction periods of 36-48 months.

Why it matters

The value of the contracts (₹2,149.62 crore) represents a substantial addition to the company's order book and will have a significant impact on its revenue and growth.

The market read

The company has secured significant new orders from a government ministry, which is a positive development for its business and future revenue.

Ceigall India Limited (CIL), through its joint venture with Sushee Infra Mining Limited (SIML) where CIL holds a 74% stake, has received four Letters of Acceptance (LOAs) from the Ministry of Road Transport & Highways (MoRTH).

These LOAs are for the construction of multiple road packages on NH-913 (Frontier Highway) in Arunachal Pradesh, with an aggregate bid cost of ₹2,149.62 crore. The projects will be executed on an Engineering, Procurement, and Construction (EPC) basis.

The four packages include the construction of Intermediate Lane roads across key sections. Specifically, these are: km 0.000 to km 55.725 of the Huri –Taliha section (₹521 crore), km 0.000 to km 78.38 of the Sarli –Huri section (₹611.10 crore), km 55.725 to km 113.25 of the Huri –Taliha section (₹525 crore), and km 160.75 to km 209.90 of the Huri –Taliha section (₹492.52 crore).

Three of the packages have a construction period of 36 months, while the third package is scheduled for completion over 48 months. Each project also includes a five-year maintenance period. Ramneek Sehgal, Chairman & Managing Director, stated that these projects strengthen the company's presence in strategic road infrastructure development and reflect their capabilities in executing complex projects in challenging geographies.

Filing to action

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Ceigall India Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Ceigall India Limited. Read the original for the full detail.

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