CEIGALL INDIA JV WINS Rs 704.70 CRORE CONTRACT FOR ROAD PROJECT IN ARUNACHAL PRADESH

has emerged as the lowest bidder for a road infrastructure project worth Rs 704.70 crore in Arunachal Pradesh, awarded by the Ministry of Road Transport and Highways. The company secured the bid jointly with Sushee Infra & Mining Limited, with Ceigall India holding a 74% share and Sushee Infra & Mining Limited holding a 26% share in the joint venture. The project involves the construction of a road from km 85.60 to km 168.00 of the Lada-Sarli section of NH-913 (Frontier Highway) to Intermediate Lane on Engineering Procurement Construction (EPC) mode. Listed in Aug24, the company has reported a sales growth and profit growth of 25% CAGR and 24% CAGR over the past 3 years. FIIs have also increased stake in the company from 1.47% in Mar25 to 3.14% in Mar26.