Mumbai, Feb. 27 -- Alcon is engaged in the business of signalling, telecommunication and allied works for Indian Railways. Its turnover was Rs 100.20 crore in FY25.

The said acquisition will enable the company to augment its product offerings, strengthen its market presence, and accelerate its expansion into the Engineering, Procurement and Construction (EPC) space.

Through this transaction, GPT Infraprojects will obtain full management and operational control of Alcon Builders & Engineers. The move aligns with the company's strategic plan to integrate Alcon's operations with its own, enabling operational and commercial synergies while creating long-term value for stakeholders.

The company acquired a stake for total consideration of Rs...