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Ceigall India informs about execution of non-binding offer letter

13 Jan 2026 Evaluate

Ceigall India has informed that in accordance with the powers conferred by the Board of Directors of Ceigall India (the Company), the Management Committee of the Board of Directors, at its meeting held today, January 13, 2026: Considered and authorised execution of Non-binding offer letter received from an Asset Management Company, in connection with the sale of 100% equity stake held in Ceigall Malout Abohar Sadhuwali Highways, a step-down subsidiary of the Company. The proposed transaction, if consummated, shall be subject to completion of due diligence, negotiation and execution of definitive agreements, receipt of requisite regulatory, statutory, lender and other approvals, as may be applicable. 

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Larsen & Toubro 3922.40
Kalpataru Projects 1441.00
NCC 136.85
Rail Vikas Nigam 210.30
KEC International 406.25
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