Ceigall India subsidiary secures Rs 2,160 crore financing for Bihar highway project

The infrastructure arm of Ceigall India Limited announced that it has reached financial close for a highway project in the state of Bihar, securing a total investment of Rs 2,160 crore. Financial close indicates that all required funding arrangements have been finalized, allowing the project to move forward to the execution stage. The project is expected to enhance road connectivity within Bihar, supporting both regional trade and commuter traffic. While details of the contractor consortium and timeline were not disclosed, the funding milestone marks a significant step for the state's transport development agenda. The announcement was reported by EquityBulls, confirming the financial commitment without further comment from the company.