Ceigall India Subsidiary Gets Appointed Date for Jharkhand Highway Project
Ceigall India's subsidiary, Ceigall VRK 11 Private Limited, has been given the Appointed Date of July 6, 2026, for a 6-lane highway project in Jharkhand by NHAI. The project cost is ₹1,656.00 Crores and it is under Hybrid Annuity Mode.
Receiving the Appointed Date is a crucial step for project commencement and execution, which is expected to contribute to the company's future revenue streams and growth, thus having a medium-term impact.
The declaration of an Appointed Date for a significant highway project by NHAI is a positive development for the company's subsidiary, indicating progress in the project's execution.
Ceigall India Limited has announced that its subsidiary, Ceigall VRK 11 Private Limited, has received the Appointed Date for a significant highway project from the National Highways Authority of India (NHAI). The Appointed Date has been declared as July 6, 2026, as per NHAI's letter dated July 7, 2026.
The project involves the construction of a 6-lane Greenfield access-controlled expressway from Donoreshan village to the junction with NH-20 in Bongabar village, covering a stretch from km 288.600 to km 325.500 under the Bharatmala Pariyojana in Jharkhand. This project is part of an ongoing initiative under the Hybrid Annuity Mode (HAM).
The bid project cost for this segment is ₹1,656.00 Crores. The subsidiary, Ceigall VRK 11 Private Limited, was awarded this project on March 31, 2023, with a concession agreement date of July 20, 2023. The construction period is 730 days from the Appointed Date. Further details can be found on the company's website, www.ceigall.com, and were previously disclosed in the Red Herring Prospectus.
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Ceigall India Limited filed this with the NSE as a statutory disclosure, categorised under other corporate actions. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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