GPT Infraprojects (GPT) has acquired 28,00,000 Equity Shares of Rs 10 each, being 100% of the paid-up capital of Alcon Builders and Engineers (Alcon) for an aggregate consideration of Rs 15,183 lakh from the existing promoters of Alcon. Consequent to the above, Alcon has become a wholly owned subsidiary of the Company. 

Through this acquisition, GPT will enter into the high-margin signaling EPC segment, complementing GPT’s over 40-year relationship with Indian Railways. This would enable the company to augment its product offerings, strengthen its market presence, and accelerate entry into the said business segment. The intent of the acquisition is obtaining management and operational control over Alcon Builders & Engineers, and with a strategic intent to subsequently integrate the businesses of Alcon with those of the company, in order to realise operational and commercial synergies and enhance long-term value for all stakeholders. 

With GPT’s operational governance and capital discipline applied to Alcon’s pre-qualified platform, the signaling division is expected to develop into a major revenue and margin contributor, materially strengthening GPT’s overall EPC portfolio- an advantage that would otherwise take years to build organically. Given the limited number of qualified EPC players and the large industry capex pipeline, this acquisition positions GPT exceptionally well to capture a meaningful share of future high-value opportunities. 

GPT Infraprojects, the flagship company of the GPT Group is a premier Infrastructure company based out of Kolkata, India.