GPT Infraprojects Limited has successfully completed the acquisition of 100% equity stake in Alcon Builders and Engineers Private Limited for ₹15,183.00 lakhs on February 27, 2026. The transaction makes Alcon a wholly owned subsidiary of GPT Infraprojects, marking a significant expansion into the railway signaling sector.

Acquisition Details

The acquisition involves the purchase of 28,00,000 equity shares of ₹10 each face value, representing the entire paid-up capital of Alcon Builders and Engineers Private Limited. The transaction was completed through cash consideration from the existing promoters of Alcon.

About Alcon Builders and Engineers

Alcon Builders and Engineers Private Limited is an established signaling EPC contractor with over three decades of proven execution experience in the Indian Railways ecosystem. Incorporated on December 02, 1988, the company specializes in signalling, telecommunication and allied works for Indian Railways, operating exclusively within India.

Strategic Impact and Business Integration

Through this acquisition, GPT Infraprojects will enter the high-margin signaling EPC segment, complementing its existing 40-year relationship with Indian Railways. The transaction enables the company to augment its product offerings and strengthen its market presence while accelerating entry into the signaling business segment.

The acquisition provides GPT Infraprojects with management and operational control over Alcon's pre-qualified platform. The company intends to integrate Alcon's operations with its existing businesses to realize operational and commercial synergies and enhance long-term value for stakeholders.

Board Appointments and Governance

Following the acquisition, GPT Infraprojects has appointed two Non-Executive Directors to Alcon's Board:

• Mr. Vaibhav Tantia, Non-Executive Director
• Mr. Amrit Jyoti Tantia, Non-Executive Director

Regulatory and Transaction Structure

The acquisition does not fall within the purview of Related Party Transactions, and the promoter/promoter group/group companies have no interest in the acquired entity. No governmental or regulatory approvals were required for completing this transaction. The acquisition positions GPT Infraprojects to capture a meaningful share of future high-value opportunities in the railway signaling sector, leveraging the limited number of qualified EPC players and the large industry capital expenditure pipeline.

GPT Infraprojects Limited has announced a major infrastructure development through its subsidiary, marking another significant milestone in the company's highway construction portfolio. The company disclosed this development through a regulatory filing dated February 26, 2026, in compliance with SEBI listing requirements.

Project Details and Scope

GPT ISC JU Highway Private Limited, a subsidiary of GPT Infraprojects Limited, has successfully executed a concession agreement with the National Highway Authority of India (NHAI). The project encompasses the construction of a four lane elevated road in Jodhpur city, covering a strategic stretch in Rajasthan state.

Strategic Significance

The project represents a significant addition to GPT Infraprojects' infrastructure development portfolio. The elevated road construction will enhance connectivity within Jodhpur city, addressing urban transportation challenges through modern infrastructure development. The project's execution under the Hybrid Annuity Model framework provides a balanced risk-sharing mechanism between the public and private sectors.

Regulatory Compliance

The announcement was made in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was signed by Sonam Lakhotia, Company Secretary & Compliance Officer, ensuring proper regulatory compliance and transparency for stakeholders.

This infrastructure project adds to GPT Infraprojects' growing presence in the highway construction sector, particularly in the elevated road segment that addresses urban infrastructure needs across Indian cities.