Ceigall India Plans ₹1000 Cr Fundraise via Equity Issuance

Ceigall India Ltd announced its Board of Directors has approved a plan to raise up to ₹1000 Crores through the issuance of equity shares and/or other convertible securities. This move is subject to shareholder approval via special resolution and necessary regulatory clearances. The company also approved the Unaudited Financial Results for the quarter and half-year ended September 30, 2026, along with related disclosures on defaults and related party transactions. Additionally, the Board approved an increase in authorized share capital from ₹110 Crores to ₹120 Crores, the appointment of Mr. Chandan Singh as Additional/Whole Time Director, and in-principle execution of binding offer letters with its subsidiary Neo Alternative Asset Managers Private Limited.