Ceigall India has received approval for making further investment in Velgaon Power Transmission, a wholly owned subsidiary of the company and the project special purpose vehicle (Project SPV).
The company is required to infuse Rs 109.19 crore into the project SPV by way of equity shares, unsecured loan, or such other instrument as per the fund requirements. The Management Committee of the Board of Directors, at its meeting held on July 9, 2026, has, inter alia, approved the same.
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.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 3816.85 |
| Kalpataru Projects | 1321.60 |
| Rail Vikas Nigam | 223.00 |
| NCC | 137.65 |
| KEC International | 479.60 |
| View more.. | |
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: