Ceigall India Limited has received a Letter of Acceptance (LOA) dated May 4, 2026, from the Water Resources Department of Punjab for a de-silting project. The quantity-based contract involves de-silting the Abohar Branch between RD 0-69500 and is valued at ₹14.12 Lacs. The company is required to execute the work within 20 days from the date of the contract agreement.

The project requires a royalty payment of ₹3.5 per Cubic Foot (CFt) to the Government of Punjab. A notable operational term is that the de-silted material must be used for filling purposes in the company’s adjoining projects. This domestic award was secured after the company emerged as the H1 bidder on April 29, 2026.

Ceigall India Limited is a prominent infrastructure company specializing in EPC projects such as highways, bridges, and metro systems. Recently, its joint venture, CIL-SAM India JV, secured a massive ₹918.04-crore project from Jaipur Metro Rail Corporation for the design and construction of ten elevated stations. Additionally, in early 2025, the company expanded into the renewable energy sector, completing the execution of 15 Power Purchase Agreements for solar capacity.

For the quarter ending December 2025, Ceigall reported a total income of ₹1,002.01 Crore, reflecting a 21.72% jump compared to the previous quarter. Net profit for the same period stood at ₹74.11 Crore, a significant 27.8% increase from the prior quarter. Notable institutional investors in the company include HDFC Mutual Fund, which recently added to its holdings via the HDFC Balanced Advantage Fund.