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Ceigall India approved Rs 61.93 crore investment in Bihar highway project subsidiary
25-Sep-2026, 05:59
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 further invest in the Project SPV through equity share capital and loans, with an initial infusion of Rs 61,93,00,000, representing 74% ownership, alongside Ceigall Infra Projects Private Limited, which will hold the remaining 26%.