Shares of Ceigall India Limited (NSE: CEIGALL) are in focus today after the company announced that it has received an arbitration award worth ₹6.61 crore in its favour from the Honourable Arbitral Tribunal, under Section 31 of the Arbitration and Conciliation Act, 1996.
The award pertains to Ceigall India’s project with the Punjab Public Works Department (PWD) for the construction of internal roads, estate public health services, and campus lighting at the Interim Airport Terminal, Halwara IAF Station in Ludhiana (Punjab).
As per the tribunal’s order dated October 9, 2025, the company will receive ₹6.61 crore, along with future interest at 12% per annum, and the release of a bank guarantee worth ₹80 lakh.
This award marks a significant legal and financial win for Ceigall India, strengthening its balance sheet and improving liquidity. The resolution of this long-pending claim is expected to positively impact the company’s cash flows in the upcoming quarters.
At the time of writing, Ceigall India shares were trading 1.8% higher at ₹217.40 on the NSE, compared to the previous close of ₹213.55.
Disclaimer: The information provided in this article is for informational purposes only and should not be considered financial or investment advice. Investors are advised to do their own research or consult a financial advisor before making any investment decisions.
