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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:-

  • a. Mr. Vaibhav Tantia, Non-Executive Director

  • 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.
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.
c. Industry to which the entity being
acquired belongs.
EPC for Signalling, telecommunication and allied
works for Indian Railways
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.
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