INDIA: Ceigall India Ltd. has received a Letter of Acceptance (LOA) from the Ministry of Road Transport & Highways for an Engineering, Procurement and Construction (EPC) contract valued at ₹704.70 crore. The project involves the construction of a road in Arunachal Pradesh and has an execution period of 48 months. The order represents a significant addition to the company’s project portfolio and highlights its continued participation in India’s infrastructure and road development sector. The award from the Ministry of Road Transport & Highways strengthens Ceigall India’s order visibility and provides an opportunity to expand its presence in infrastructure development in the Northeast region. With a four-year execution timeline, the project is expected to be implemented in phases according to the contractual requirements and applicable project milestones. Market participants may track further company disclosures regarding project commencement, execution progress, order book developments and future project awards. The development also reflects ongoing investment in road connectivity and infrastructure development across strategically important regions of India. This information is shared strictly as a corporate and market update for informational purposes and should not be considered investment advice, research analysis or a recommendation to buy or sell any security.

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