Ceigall India Limited has announced that its wholly owned subsidiary, Ceigall Infra Projects Private Limited, has emerged as the L1 bidder for a major road development project awarded by the Madhya Pradesh Road Development Corporation Limited (MPRDC).
According to the company’s exchange filing dated 28 November 2025 , Ceigall Infra secured the project for the construction of a 48.10 km greenfield, access-controlled 4-lane highway connecting Indore to Ujjain, starting from Pitra Parvat (Km 0.000) and ending at Simhastha Bypass (Km 48.100).
Project Value and Mode
- Total Bid Cost: Rs 1,089 crore
- Execution Mode: Hybrid Annuity Mode (HAM)
- Awarding Authority: MPRDC
- Execution Timeline: 24 months from the date of appointment
About the Project
The highway will feature:
- Access control
- Four lanes with paved shoulders
- Greenfield alignment between two major urban and religious centres
The project is expected to significantly improve regional connectivity and support traffic movement during high-footfall events such as Simhastha Kumbh.
Regulatory Notes
The filing also confirms:
- The entity awarding the contract is a domestic authority
- There is no related-party involvement
- Promoters or group companies have no interest in the awarding entity
Company Statement
The company has placed the full disclosure on its official website and notified both BSE and NSE. The contract win strengthens Ceigall India’s order book and marks another large-scale HAM project for the company.
