Ceigall India Ltd has revealed that it has received a Letter of Award (LOA) from National Highways Authority of India (NHAI) for a high-value infrastructure project worth ₹9.23 billion (excluding GST). This critical contract win enhances Ceigall's foothold in the highway construction space.
Highlights:
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Project value is ₹9.23 billion, excluding GST
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NHAI LOA marks the formal contract award
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This significantly contributes to Ceigall's order book and revenue visibility
Although details of the project are not revealed, it probably comprises highway construction or widening, consistent with NHAI's continuous activity to enhance India's road infrastructure. This project win showcases Ceigall's strength in winning high-value government projects and its contribution towards Indian infrastructure growth.
Source: Ceigall India Ltd regulatory filings to BSE and NSE, March 13, 2025