Ceigall India rises on securing Rs 6.61 crore Arbitration Award from Arbitral Tribunal
Ceigall India is currently trading at Rs. 261.85, up by 0.85 points or 0.33% from its previous closing of Rs. 261.00 on the BSE.
The scrip opened at Rs. 259.05 and has touched a high and low of Rs. 263.95 and Rs. 259.05 respectively. So far 7396 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 394.00 on 11-Oct-2024 and a 52 week low of Rs. 229.00 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 273.70 and Rs. 259.05 respectively. The current market cap of the company is Rs. 4565.04 crore.
The promoters holding in the company stood at 82.06%, while Institutions and Non-Institutions held 9.14% and 8.81% respectively.
Ceigall India has received an Arbitration Award in its favour from the Honourable Arbitral Tribunal. The award, amounting to Rs 6.61 crore along with future interest at 12% per annum effective from 9 October 2025, has been granted in connection with the company’s project for ‘Construction of Internal Roads, Estate Public Health Services & Campus Lighting at the Interim Airport Terminal, Halwara IAF Station, District Ludhiana (EPC Mode).’
In addition to the monetary award, the Punjab Public Works Department has also been directed to release a Bank Guarantee of Rs 80 lakh provided earlier by the company. The arbitration award is expected to have a positive financial impact on the company, further strengthening its position as a trusted EPC partner in India’s infrastructure development sector.
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.
