Ceigall India Subsidiary Gets ₹61.9 Cr Equity Infusion

Ceigall India Limited's Management Committee has approved the creation of security for a Rupee Term Loan facility for its subsidiary, Ceigall Sahebganj Bettiah Highway Limited, a project SPV. Additionally, the company will make a further investment of ₹61.93 Crores in the subsidiary through equity share capital and provide loans and securities as needed. This investment is to finance the construction of a 4-lane highway project in Bihar, awarded to Ceigall Infra Projects Private Limited, a wholly-owned subsidiary. The subsidiary, Ceigall Sahebganj Bettiah Highway Limited, was incorporated on February 17, 2026, and will be 74% owned by Ceigall India Limited and 26% by Ceigall Infra Projects Private Limited.