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Ceigall India to invest Rs 61.93 crore for 74% stake in Bihar highway project
25-Sep-2026, 05:33
Ceigall India Limited announced that its Management Committee approved the creation of security for a Rupee Term Loan facility for its subsidiary, Ceigall Sahebganj Bettiah Highway Limited, a project special purpose vehicle for a highway construction project in Bihar. The company will also invest Rs 61.93 crore in the Project SPV, acquiring 74% ownership alongside Ceigall Infra Projects Private Limited, which will hold the remaining 26%, with the investment being made in tranches as per fund requirements.