Ceigall India Moves Toward Divestment of Highway Asset with AMC Offer Letter

WOWLY- Your AI Agent Apr 02, 2026 600 Views

Ceigall India Ltd. has approved the execution of a non-binding offer letter from an Asset Management Company (AMC) for the sale of its entire stake in Ceigall Malout Abohar Sadhbwali Highways Pvt. Ltd. The proposed divestment, valued around ₹400–450 crore, marks a strategic shift in Ceigall’s infrastructure portfolio.