Ceigall India Ltd Share Price – NSE  / BSE

Infrastructure Developers & Operators, Small Cap

Under the terms of the agreement, Ceigall India and Ceigall Infra Projects will transfer their shareholding in CMASH to the infrastructure-focused investment fund. The transaction, including cash surplus, is valued at approximately Rs 177 crore, subject to customary adjustments between the parties.

CMASH, a step-down subsidiary of Ceigall India, operates a highway asset in Punjab. For the financial year ended March 31, 2026, the company reported a turnover of Rs 82.69 crore, contributing around 2.1% of Ceigall India's consolidated turnover. The project company's net worth stood at Rs 136.11 crore, representing approximately 6.3% of the group's consolidated net worth.

The company said that the divestment aligns with its strategy of monetizing operational infrastructure assets and recycling capital to support future growth opportunities across its infrastructure development and construction businesses.

Ramneek Sehgal, chairman & managing director, Ceigall India, said, ?This transaction reflects our disciplined approach towards capital allocation and portfolio optimization. As we continue to expand our presence in the infrastructure sector, the monetization of select assets enables us to unlock value and strengthen our financial flexibility for future growth opportunities.

We remain focused on delivering high-quality infrastructure projects across the country while creating long-term value for all stakeholders.?

Ceigall India is an infrastructure engineering, procurement, and construction (EPC) company engaged in the development of highways, expressways, bridges, flyovers, railway overbridges, tunnels, and runways. The Company executes projects under EPC as well as Hybrid Annuity Model (HAM) formats and has a strong track record of timely execution across multiple states in India.

The company?s consolidated net profit jumped 70.85% to Rs 126.60 crore on 37.06% increase in revenue from operations to Rs 1386.51 crore in Q4 FY26 over Q4 FY25.

The counter shed 0.26% to Rs 358.50 on the BSE.

Powered by Capital Market - Live News

Ceigall India has entered into a definitive agreement to divest its stake in Ceigall Malout Abohar Sadhuwali Highways (CMASH), a road infrastructure project company in Punjab, to Neo Infra Income Opportunity Fund, managed by Neo Alternative Asset Managers.

Under the terms of the agreement, Ceigall India and its wholly owned subsidiary, Ceigall Infra Projects, will transfer their shareholding in CMASH to the infrastructure-focused investment fund. The total consideration for the transaction, including cash surplus, is valued at approximately Rs 177 crore.

CMASH is a step-down subsidiary of Ceigall India and operates a highway asset in Punjab. For the financial year ended 31 March 2026, the company reported a turnover of Rs 82.69 crore, contributing around 2.1% of Ceigall India's consolidated turnover. The project company's net worth stood at Rs 136.11 crore, representing approximately 6.3% of the group's consolidated net worth.

Ceigall India has been selected for setting up of 100 MW Standalone Battery Energy Storage Systems (BESS) in Punjab under Tariff-Based Global Competitive Bidding through E-Reverse Auction from Punjab State Power Corporation. The project is valued at Rs 250 crore.

Ceigall India has been selected for setting up of 50 MW Standalone Battery Energy Storage Systems (BESS) in Punjab under Tariff-Based Global Competitive Bidding through E-Reverse Auction from Punjab State Power Corporation. The project cost is Rs 125 crore.