
Ceigall India Secures ₹6.61 Crore Arbitration Award from Arbitral Tribunal
Ceigall India Limited, one of India’s fastest-growing EPC companies, announced that it has received an Arbitration Award in its favor from the Honourable Arbitral Tribunal. The award, amounting to ₹6.61 crore along with future interest at 12% per annum effective from 9 October 2025, has been granted in connection with the company’s project for 'Construction of Internal Roads, Estate Public Health Services & Campus Lighting at the Interim Airport Terminal, Halwara IAF Station, District Ludhiana (EPC Mode)'. The Punjab Public Works Department has also been directed to release a Bank Guarantee of ₹80 lakh provided earlier by the company. This positive outcome strengthens Ceigall's financial position and highlights its ability to navigate complex infrastructure mandates with integrity and resilience.
Key Highlights
- Ceigall India secures ₹6.61 Crore Arbitration Award
- Award includes future interest at 12% per annum
- Bank Guarantee of ₹80 lakh to be released by Punjab Public Works Department
- Positive outcome strengthens Ceigall's financial position
- Reinforces Ceigall's execution credibility and adherence to contractual commitments