Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2025 we wish to inform you that in accordance with the powers conferred by the Board of Directors of Ceigall India Limited ('the Company'), the Management Committee of the Board of Directors, at its meeting held today i.e. April 23, 2026, has considered and approved the incorporation of project SPV 'Ceigall Ambala Chandigarh Zirakpur Limited' as step down subsidiary of the Company. \r\n\r\nThis is in continuation of our earlier intimation dated March 27, 2026 regarding the receipt of award by the Ceigall Infra Projects Private Limited, a wholly owned subsidiary of the Company from National Highways Authority of India for the Construction of 6-lane access-controlled Spur connectivity starting from Ch. 15+100 of Ambala - Chandigarh section of NH-205A and terminating at Ch. 2+500 of Zirakpur Bypass (Total length 10.300 Km) under NH(O) in the State of Punjab on Hybrid Annuity Mode.\r\n