GURUGRAM, India – June 26, 2025 – Signature Global, a prominent real estate developer based in Gurugram, has disclosed its strategy to secure up to Rs 875 crore through the issuance of non-convertible debentures (NCDs) via a private placement. This initiative signals the company’s intent to strengthen its financial position amidst continued expansion in the country’s property sector.
The company communicated in a regulatory submission on Wednesday that its Board has greenlit the procurement of funds through secured, redeemable, and listed non-convertible debentures. These instruments are slated for release in multiple series or tranches, with the cumulative amount not surpassing Rs 875 crore.
Furthermore, the board’s resolution included the authorization of a postal ballot to secure shareholder consent for the NCD issuance. This process will also encompass requests for an increase in the company’s borrowing ceiling, an augmented limit for establishing security, and modifications to its Articles of Association. These corporate governance adjustments are vital for enabling the proposed fundraising and enhancing Signature Global’s operational financial latitude.
Recognized as a leading player in the national real estate landscape, Signature Global has demonstrated notable performance recently. The firm concluded the 2024-25 fiscal year as the fifth-largest listed real estate entity by sales bookings, having transacted properties valued at Rs 10,290 crore. For the ongoing financial year, Signature Global has set an ambitious pre-sales objective of Rs 12,500 crore, reflecting its vigorous growth strategy and optimistic market outlook.
