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Ceigall India Limited

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  1. 2026

    Ceigall India acquires 100% equity shares of Jam Khambhaliya Jamnagar Power Transmission

    On 2026-10-12, Ceigall India Limited entered into a Share Purchase Agreement with REC Power Development and Consultancy Limited to acquire 100% equity shares of Jam Khambhaliya Jamnagar Power Transmission Limited (JKJTL) for an aggregate consideration of Rs. 18,39,86,174 (including a subscription cost of Rs. 5,00,000), after which JKJTL became a wholly owned subsidiary of Ceigall India Limited. The share purchase was a condition of an RFP under which Ceigall had received a Letter of Intent dated 02 September 2026 to establish a common transmission system for evacuation of power from Lakadia, Jam Khambhaliya and Jamnagar through tariff-based competitive bidding.

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