Ceigall India Invests ₹61.93 Cr in Project SPV

Ceigall India Limited's Management Committee approved further investment in its subsidiary, Ceigall Sahebganj Bettiah Highway Limited (Project SPV), through equity share capital and loans. The company will infuse ₹61.93 Crores in equity, with Ceigall India holding 74% and Ceigall Infra Projects Private Limited holding 26%. This investment is crucial for financing the NH 139W highway construction project in Bihar, awarded to Ceigall Infra Projects Private Limited. The SPV was incorporated on February 17, 2026, with an initial share capital of ₹1,00,000. No governmental or regulatory approvals are required for this investment, which will be made in tranches as per fund requirements.