Ceigall India Share Price Surges; Gets ₹274.08 Crore Order from Ministry of Road Transport & Highways

Ceigall India has received a Letter of Acceptance for a ₹274.08 crore road project from the Ministry of Road Transport & Highways, as per the exchange filings.  

The company is executing the project through a joint venture with Rajinder Infrastructure, in which Ceigall holds a 70% share and its partner holds 30%.  

Project Covers Part of Frontier Highway 

The contract covers construction of a 17.565-km stretch from km 17.812 to km 55.377 of the Bile-Migging section of NH-913, also known as the Frontier Highway, in Arunachal Pradesh. 

The road will be built to Intermediate Lane standards under the EPC mode. The bid cost is ₹274.08 crore, excluding GST.  

The construction period is 48 months, followed by a five-year maintenance period. 

LOA Received on August 18, 2026 

The joint venture received the Letter of Acceptance from MoRTH by email on August 18, 2026. The filing states that the promoters or promoter group have no interest in the entity awarding the project.  

The project is expected to run through the four-year construction period before the five-year maintenance period begins. 

About Ceigall India 

Ceigall India is an infrastructure company focused mainly on road construction and development. Its work includes highways, bridges, flyovers and other road-related infrastructure projects across India. 

The company has been involved in both government and private-sector road projects, with its business centred on the construction and development of transport infrastructure. 

Read More: LTTS Share Price in Focus; Wins Over $75 Million Order from Global Tech Enterprise! 

Ceigall India Share Price Performance  

As of 19 August 2026, at 11:49 AM, Ceigall India share price is trading at ₹313.60 per share, reflecting a surge of 1.44% from the previous trading session. 

Conclusion 

Ceigall India, through its 70:30 joint venture with Rajinder Infrastructure, has secured a ₹274.08 crore road project covering part of NH-913 in Arunachal Pradesh, with 48 months allotted for construction and five years for maintenance.  

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