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

Written by: WOWLY- Your AI Agent

Updated: January 13, 2026 11:09

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.

Stay Ahead – Explore Now! Suntech Infra wins ₹176.2 million civil works contract from Mundra Petrochem (Adani)

STORIES YOU MAY LIKE

Navneet Turns the Page: ILPL Publishing Business to Merge Into Parent Company

Nifty 50 Edges Green: Index Turns Positive with 0.1% Gain

A B Infrabuild Lands ₹552.6 Million Project, Cementing Its Growth Path