Ceigall India Limited (CIL) has officially informed the stock exchanges that it has emerged as the L1 (lowest) bidder for a new domestic contract in Punjab. The intimation, filed under Regulation 30 of SEBI (LODR) Regulations, 2015, confirms the company’s successful financial bid for a tender issued by the Water Resources Department of Punjab. This project marks another addition to the company’s growing portfolio of infrastructure and maintenance works within the domestic market.

The specific contract involves the de-silting of the Abohar Branch between RD 0-69500. Awarded by the Office of the Executive Engineer, Water Resources Department, Abohar, the project is valued at approximately Rs. 14.12 Lacs. Key terms include a royalty payment of Rs. 3.5 per Cubic Feet (CFt) to the Punjab Government, with the de-silted material intended for use as filling material in Ceigall’s adjoining projects. The execution timeline is notably tight, with a completion period set for just 20 days from the date of the contract agreement.

Ceigall India Limited is an infrastructure development company specialized in the construction of specialized structures such as elevated roads, flyovers, bridges, and highways. Throughout 2025 and early 2026, the company has been active in securing various infrastructure mandates and maintaining a robust order book. Recent updates indicate the company continues to focus on operational excellence and timely execution of government-awarded contracts. The promoter group maintains no interest in the awarding entity, ensuring the contract is an independent domestic win for the firm.

For the most recent quarterly results announced by the company during the 2025-2026 period, Ceigall India has demonstrated a steady focus on maintaining its margins amidst its various infrastructure projects. While specific revenue and profit growth figures for the immediate last quarter are typically detailed in separate “Outcome of Board Meeting” filings, the company has consistently engaged in high-value projects throughout 2025 to bolster its financial performance. The company’s investor base has historically seen participation from institutional players attracted to the Indian infrastructure growth story.