Ceigall JV Secures ₹509.21 Crore Road Construction Order from GMADA
The contract value of ₹509.21 crore is significant, indicating a substantial addition to the company's projects and potential for high revenue generation over the next two years.
The company has secured a substantial new contract worth over ₹500 crore, which is a positive development for its revenue and order book.
* Ceigall India Limited (CIL) and JSP Projects Pvt. Ltd (JSPPPL) Joint Venture (CIL–JSPPPL (JV)), with CIL holding an 80% share, has received a Letter of Award (LoA) dated 24th September 2025. * The LoA is from the Greater Mohali Area Development Authority (GMADA) for the construction of internal roads of Pocket B, C & D of Aerotropolis S.A.S Nagar, covering Civil, Public Health, and Electrical Works. * The tender cost for this domestic order is ₹509.21 crore. * The project is to be executed within 24 months. * Significant terms include a Performance Security of 5% and a Retention of 5%.
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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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See the model portfoliosA plain-language summary of a public exchange filing by Ceigall India Limited. Read the original for the full detail.