25-Sept-2026 16:06:41
CEIGALLAcquisition and merger
CEIGALL INDIA LIMITED : CREATES SECURITY FOR SUBSIDIARY LOAN
• Management Committee approved creation of security in connection with Rupee Term Loan facility to Ceigall Sahebganj Bettiah Highway Limited, a subsidiary and Project SPV. • Approved further investment in Project SPV via equity share capital and loans, securities, guarantees. • Details of acquisition of equity share capital: target entity is Ceigall Sahebganj Bettiah Highway Limited, authorized and paid-up share capital Rs. 1,00,000/-. • Consideration for acquisition is Rs. 61,93,00,000/- to be infused as equity share capital by the company along with CIPPL. • Stake acquired: 74% by Ceigall India Limited and 26% by Ceigall Infra Projects Private Limited.
Ceigall India Limited
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