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GPT Infraprojects limited — M&A Activity 2026
Feb 27, 2026
61212_rns_2026-02-27_ad014b8f-688c-436e-86f0-837756b52b0f.pdf
M&A Activity
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GPT Infraprojects Limited
Regd. Office: GPT Centre, JC-25, Sector III, Salt Lake, Kolkata – 700 106, India CIN: L20103WB1980PLC032872 Phone: +91-33-4050-7000, Email: [email protected], Visit us: www.gptgroup.co.in
GPTINFRA/CS/SE/2025-26 February 27, 2026 The Department of Corporate Services, National Stock Exchange of India Ltd., BSE Limited, Exchange Plaza, Phiroze Jeejeebhoy Towers, Plot no. C/1, G Block, Dalal Street Bandra-Kurla Complex, Bandra (E), Mumbai – 400001 Mumbai - 400 051 Scrip Code: 533761 SCRIP ID: GPTINRA
Dear Sir/Madam,
Subject: Acquisition of shares of Alcon Builders and Engineers Private Limited
In furtherance to our earlier intimation made on January 28, 2026, we wish to inform you that the Company today i.e., February 27, 2026 has acquired 28,00,000 Equity Shares of ₹ 10 each, being 100% of the paid-up capital of Alcon Builders and Engineers Private Limited (“Alcon”) for an aggregate consideration of ₹ 15,183.00 lakhs from the existing promoters of Alcon.
Consequent to the above, Alcon has become a wholly owned subsidiary of the Company and the following persons have been appointed by the Company on the Board of Directors of Alcon:-
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a. Mr. Vaibhav Tantia, Non-Executive Director
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b. Mr. Amrit Jyoti Tantia, Non-Executive Director
The particulars of the disclosure as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the SEBI Master Circular dated January 30, 2026.
Kindly take the same on record.
Thanking You, Yours Sincerely,
For GPT Infraprojects Limited
Digitally signed Sonam by Sonam Lakhotia Lakhotia Date: 2026.02.27 12:45:06 +05'30'
Sonam Lakhotia Company Secretary & Compliance Officer Membership No. A41358
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GPT Infraprojects Limited
Regd. Office: GPT Centre, JC-25, Sector III, Salt Lake, Kolkata – 700 106, India CIN: L20103WB1980PLC032872 Phone: +91-33-4050-7000, Email: [email protected], Visit us: www.gptgroup.co.in
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| S. | No. | PARTICULARS | |
|---|---|---|---|
| a. | Name of the target entity, details in brief such as size, turnover etc. |
Alcon Builders and Engineers Private Limited (“Alcon” or the “Target Company”) is an established and respected Signaling EPC contractor, with over three decades of proven execution experience in the Indian Railways ecosystem. Alcon is engaged in the business of signalling, telecommunication and allied works for Indian Railways. Turnover (2024-2025): INR 10,020 Lakhs. |
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| b. | Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”. |
The proposed acquisition does not fall within the purview of the Related Party Transaction and the promoter/promoter group/group companies are not interested in the entity being acquired. |
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| c. | Industry to which the entity being acquired belongs. |
EPC for Signalling, telecommunication and allied works for Indian Railways |
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| d. | Objects and impact of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity). |
Through this acquisition, GPT Infraprojects Limited (“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 Private Limited, 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,materiallystrengtheningGPT’s overall |
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GPT Infraprojects Limited
Regd. Office: GPT Centre, JC-25, Sector III, Salt Lake, Kolkata – 700 106, India CIN: L20103WB1980PLC032872 Phone: +91-33-4050-7000, Email: [email protected], Visit us: www.gptgroup.co.in
| 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. |
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|---|---|---|
| e. | Brief details of any governmental or regulatory approvals required for the acquisition. |
No governmental or regulatory approvals required for this acquisition. |
| f. | Indicative time period for completion of the acquisition. |
Today i.e., February 27, 2026 |
| g. | Consideration- whether cash consideration or share swap and details of the same. |
Cash Consideration |
| h. | Cost of acquisition or the price at which the shares are acquired. |
Rs. 15,183.00 Lakhs |
| i. | Percentage of shareholding / control acquired and / or number of shares acquired. |
100% 28,00,000 equity shares of ₹ 10 each face value |
| j. | Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief) |
Date of Incorporation: December 02, 1988 Products & Capacity– The Company is engaged in the business of signalling, telecommunication and allied works for Indian Railways. Country in which it has presence:India Turnover for the last three financial years: F.Y. 2024-25: ₹ 10,020 Lakhs F.Y. 2024-23: ₹ 10,825 Lakhs F.Y. 2023-2022: ₹ 12,514 Lakhs |