Shares of Ceigall India Ltd were trading 3% higher on 26 December after the company’s subsidiary announced securing a provisional certificate from NHAI for a Rs 613 crore order. 

In its regulatory filing, the company said that its subsidiary, Ceigall Bathinda Dabwali Highways Private Limited, has received a provisional certificate for the six-laning of the Jodhpur Romana (Bathinda)–Mandi Dabwali section of National Highway-54 that has to be executed on a hybrid annuity mode basis from the National Highway Authority of India (NHAI). 

The company said the Rs 613.11 crore project has achieved commercial operations status effective 22 December 2025. 

NHAI awarded the 27.40-kilometre stretch, with the appointed date set as 11 August 2023, and Ceigall India clarified that the project does not involve any related-party transactions.

Separately, earlier this week, the infrastructure firm announced that it emerged as the lowest bidder for a fresh contract worth about Rs 550 crore from Madhya Pradesh Urja Vikas Nigam Ltd. 

The project includes the development of 130 MW (AC) grid-connected solar photovoltaic power plants under the Surya Mitra Krishi Feeders Scheme–PM KUSUM-C.

At 3:30 pm, the shares of Ceigall India closed 3.79% higher at Rs 261 on NSE.

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