MoneyWorks4Me

Ceigall India’s JV gets LoAs from Ministry of Road Transport & Highways

18 Aug 2026 Evaluate

Ceigall India (CIL), in a joint venture with Sushee Infra & Mining (SIML), has received four Letters of Acceptance (LoAs) from the Ministry of Road Transport & Highways (MoRTH) for the construction of multiple road packages on NH-913 (Frontier Highway) in Arunachal Pradesh. The four projects have an aggregate bid cost of Rs 2,149.62 crore. 

The CIL-SIML joint venture comprises Ceigall India with a 74% stake and Sushee Infra Mining with a 26% stake. The contracts have been awarded on an Engineering, Procurement and Construction (EPC) basis. The four packages involve the construction and development of Intermediate Lane roads across key sections of NH-913 (Frontier Highway) in Arunachal Pradesh. 

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.

Ceigall India Share Price

314.25 1.05 (0.34%)
21-Aug-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4088.05
Kalpataru Projects 1402.90
Rail Vikas Nigam 225.30
KEC International 436.00
NCC 149.55
View more..

About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: