Ceigall India has today entered into Share Purchase Agreement with REC Power Development and Consultancy Limited for acquiring…
Ceigall India (CEIGALL) said it has today entered into Share Purchase Agreement with REC Power Development and Consultancy Limited for acquiring 100% equity shares of Jam Khambhaliya. The company is valued at about ₹6,428 crore.
What happened
Ceigall India (CEIGALL) told the exchanges on 12 October 2026 at 06:24 PM that it has today entered into Share Purchase Agreement with REC Power Development and Consultancy Limited for acquiring 100% equity shares of Jam Khambhaliya.
Company snapshot
Ceigall India is a small-cap company in the Construction sector, with a market value of about ₹6,428 crore.
The stock last traded at ₹369, against a 52-week range of ₹222.6–₹405.7 (9.1% below the high).
Before this filing the shares had moved −2.0% over the month and +1.4% over three months. Average daily turnover over the last 20 sessions was about ₹11.57 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 3 previous m&a filings from the company since May 2026.
After those filings, the stock gained 0.5% on average the next trading day and was up 1.7% on average after five days (3 filings with price data).
Across 18 similar disclosures by other Construction companies, shares moved −0.1% on average the next day and −0.3% over five days; 50% of them rose the next day.
Market-wide, 2,032 m&a filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 11 Sept 2026 | Acquisition. | +0.5% | −0.1% |
| 19 Aug 2026 | M&A | +1.2% | +9.3% |
| 9 Jul 2026 | M&A | −0.1% | −4.1% |
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.