GPT Infraprojects Acquires 100% Shares of Alcon Builders and Engineers for ₹ 15,183.00 Lakhs

GPT Infraprojects Ltd has acquired 100% of the paid-up capital of Alcon Builders and Engineers Private Limited for an aggregate consideration of ₹ 15,183.00 Lakhs. Alcon is an established and respected Signaling EPC contractor with over three decades of proven execution experience in the Indian Railways ecosystem. This acquisition will enable GPT to enter the high-margin signaling EPC segment, complementing its over 40-year relationship with Indian Railways. This strategic move is expected to augment GPT's product offerings, strengthen its market presence, and accelerate entry into the said business segment.