Ceigall India approves ₹1,000 crore rights issue
Ceigall India (BSE: CEIGALL) said it has approved rights issue of ₹1,000 crore. The company is valued at about ₹6,789 crore.
What happened
Ceigall India (BSE: CEIGALL) informed the stock exchanges on 5 November 2026 at 02:39 PM that it has approved rights issue of ₹1,000 crore.
From the filing: "Statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc."
How big is it?
At ₹1,000 crore, the issue is equal to about 14.7% of the company's market value of ₹6,789 crore.
Company snapshot
Ceigall India is a small-cap company in the Construction sector, with a market value of about ₹6,789 crore.
The stock last traded at ₹389.7, against a 52-week range of ₹222.6–₹405.9 (4.0% below the high).
Before this filing the shares had moved +4.0% over the month and +16.9% over three months. Average daily turnover over the last 20 sessions was about ₹12.61 crore.
Promoters held 82.06% at the end of Q1 FY27. Foreign institutions owned 3.88% and domestic institutions 3.65%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 838 | 53.2 | 2.95 |
| Q2 FY26 | 1,645 | 111.2 | 6.17 |
| Q3 FY26 | 991 | 74.1 | 4.16 |
| Q4 FY26 | 1,387 | 126.6 | 7.41 |
| Q1 FY27 | 970 | 61.3 | 3.66 |
What history shows
BCEIE's records show 1 previous fund raising filing from the company since May 2026.
Across 25 similar disclosures by other Construction companies, shares moved +0.1% on average the next day and +0.9% over five days; 44% of them rose the next day.
Market-wide, 1,733 fund raising filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- How the money raised is used and, for equity instruments, the dilution for existing shareholders.
- 5 November 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
- Ceigall India approves ₹86.32 crore funding for Ambala-Chandigarh highway SPV
- Ceigall India achieves financial closure for 78.91 km Bihar highway project
- Ceigall India gets ₹6.61 crore arbitration award from Arbitral Tribunal
- Ceigall India board to consider fund raising proposal on Nov 5
- Ceigall India NSE:CEIGALL Rs 86.32 Cr SPV Investment
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.