Ceigall India Limited
ICICI Prudential Life Insurance decreased its stake in Ceigall India Limited from 3.76% to 2.20% by selling 27,11,574 shares. The value of the sold shares is ₹92.6 Cr at a price of ₹341.40 apiece.
A specialized infrastructure construction company, Ceigall India undertakes complex structural projects including elevated roads, flyovers, bridges, railway overpasses, tunnels, highways, expressways, and airport runways across India. Founded in 2002, the company brings deep technical expertise in handling large-scale, high-precision engineering works. Its distinctive capability lies in executing challenging infrastructure projects that require advanced construction methodologies, specialized skills, and proven project delivery experience in the civil engineering sector.
Joint venture between ICICI Bank and Prudential plc. Total AUM in excess of Rs 3.2 lakh crore deployed across linked, participating and non-participating funds. CIO Manish Kumar has run the equity book for over a decade, with style biased to quality large and mid-caps. Active across primary and secondary markets through ULIP and group fund mandates.