Ceigall India Limited announced that its wholly owned subsidiary, Ceigall Infra Projects Private Limited, has secured a highway project from the National Highways Authority of India under the Hybrid Annuity Model in Bihar.
The company received a Letter of Award dated February 11,2026 from NHAI for the four laning of the Sahebganj to Areraj to Bettiah section of NH 139W in Bihar.
The total project length is 78.942 km, divided into Section 1 Sahebganj to Areraj at 38.362 km and Section 2 Areraj to Bettiah at 40.580 km.
The bid project cost stands at approximately ₹2,160 crore. The contract will be executed under the Hybrid Annuity Model. The construction period is 730 days, followed by a 15 year operation and maintenance period.
The disclosure was made pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company informed the stock exchanges on February 12,2026.
Ceigall India Limited is listed on BSE under Scrip Code 544223 and on NSE under the symbol CEIGALL. The ISIN of the company is INEOAG901020.
Ceigall India Limited operates as an infrastructure engineering, procurement and construction company. It undertakes development of highways, expressways, bridges, flyovers, railway overbridges, tunnels and runways.
The company executes projects under EPC and Hybrid Annuity Model formats across multiple states in India. The newly awarded project adds to its existing order book in the highways segment.
Read More: Ceigall India Share Price Jumps Over 3% on Securing LOA for 220 MW Unit at Morena Solar Park!
As of February 12, 2026, at 10:03 AM, Ceigall India share price on NSE was trading at ₹300.20 up by 1.37% from the previous closing price.
The ₹2,160 crore HAM project awarded by NHAI involves 78.942 km of highway development in Bihar with a 730 day construction timeline and 15 year maintenance period. The order strengthens Ceigall India Limited’s presence in national highway projects under annuity based models.
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Published on: Feb 12, 2026, 11:18 AM IST
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