ScoutQuest12 Oct 2026
Ceigall India544223Acquisition deal news

Ceigall India buys 100% of Jam Khambhaliya Jamnagar Power Transmission for Rs. 18,39,86,174 in cash

100%Shareholding acquired
Shareholding acquired: 100%.
Consideration
Rs. 18,39,86,174 (inclusive of the subscription cost of Rs. 5,00,000)
Stake Acquired
100% Shareholding (wholly owned subsidiary)
Target Company
Jam Khambhaliya Jamnagar Power Transmission Limited
Target
Jam Khambhaliya Jamnagar Power Transmission Limited
Transaction
Acquisition of 100% equity shares (wholly owned subsidiary)

Ceigall India buys 100% of Jam Khambhaliya Jamnagar Power Transmission for Rs. 18,39,86,174 in cash.

Date of incorporation of target
Letter of Intent date
Earlier letter to exchanges
Date of incorporation of target 9 May 2026 · Letter of Intent date 2 Sep 2026 · Earlier letter to exchanges 11 Sep 2026
More numbers
  • Aggregate considerationRs. 18,39,86,174
  • Subscription cost included in considerationRs. 5,00,000
  • Shareholding acquired100%
  • Authorized & paid-up share capital of target5,00,000/-
  • Equity shares of target50,000
  • Face value per equity share₹10/-
Source: BSE · 12 Oct 2026

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