Deals30 Sept 2025, 06:28 pm
Ceigall India Ltd Receives Letter of Intent for Development of Bulk Drug Park in Himanchal Pradesh
AI Summary
Ceigall India Ltd has received a Letter of Intent dated 30th September 2025 from Himanchal Pradesh State Industrial Development Corporation Limited (HPSIDC) for the work ‘Development of Bulk Drug Park at Una Distt.Una (HP).SH: Formation cutting, construction of internal roads, storm water drains, bridge and boundary fencing Phase-I’. The project has a cost of Rs.225.00 Crore and is to be executed in 18 months. Ceigall India Ltd confirmed that the order/contract is not a related party transaction and no promoter/promoter group/group companies have any interest in HPSIDC.
Key Highlights
- Ceigall India Ltd received a Letter of Intent from HPSIDC for the development of a Bulk Drug Park in Una District, Himanchal Pradesh.
- The project involves formation cutting, construction of internal roads, storm water drains, bridge and boundary fencing Phase-I.
- The project cost is Rs.225.00 Crore and the execution period is 18 months.
- Ceigall India Ltd confirmed that the order/contract is not a related party transaction.
- No promoter/promoter group/group companies have any interest in HPSIDC.