Ceigall India Limited has announced that it has emerged as the lowest (L1) bidder for the construction of a four-lane elevated road project in Ranchi, Jharkhand. The project, called by the State Highway Authority of Jharkhand, spans approximately 3 kilometers from Sahajanand Chowk to Judge Colony and carries an estimated project cost of ₹207 crore.
The company has been awarded the contract with a completion timeline of 18 months. Ceigall India has informed stock exchanges about the development, complying with SEBI’s disclosure regulations. The company has committed to providing updates on any further progress related to the project.