Corporate Actions

GPT Infraprojects' subsidiary secures Rs 149.50 crore contract from Western Railway for railway signalling works

16-Oct-26   18:29 Hrs IST

GPT Infraprojects Limited announced that its wholly-owned subsidiary, Alcon Builders and Engineers Private Limited, has secured a contract valued at Rs 149.50 crore (Rs 126.70 crore excluding GST) from the CSTE, Western Railway, Bhavnagar Division, for signalling works including the design, supply, installation, programming, testing, and commissioning at 18 railway stations. The project, involving the replacement of existing PI stations with EI, MSDAC, and block working, is slated for completion within 730 days and does not involve any related party transactions. With this win, GPT Infraprojects Limited's net outstanding order book now stands at Rs 5,538 crore, with total order inflow for Fiscal 2027 reaching Rs 1,364 crore.

Attention Investors:

Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month. || KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary. || No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.