Ceigall India has entered into Share Purchase Agreement (SPA) with REC Power Development and Consultancy for acquiring 100% equity shares of Velgaon Power Transmission (VPTL). After this acquisition VPTL has become wholly owned subsidiary of Ceigall India. The cost of acquisition is Rs 1.88 crore.
Ceigall India is an infrastructure construction company with experience in undertaking specialized structural works such as elevated roads, flyovers, bridges, Railway over bridges (ROB), tunnels, highways, expressways and runways.
