{"id":940,"date":"2025-06-26T13:00:00","date_gmt":"2025-06-26T07:30:00","guid":{"rendered":"https:\/\/agentkart.com\/?p=940"},"modified":"2025-06-26T20:06:52","modified_gmt":"2025-06-26T14:36:52","slug":"signature-global-to-raise-%e2%82%b9875-crore-via-debentures-for-expansion","status":"publish","type":"post","link":"https:\/\/www.agentkart.com\/news\/signature-global-to-raise-%e2%82%b9875-crore-via-debentures-for-expansion\/","title":{"rendered":"Signature Global to Raise \u20b9875 Crore via Debentures for Expansion"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>GURUGRAM, India \u2013 June 26, 2025<\/strong> \u2013 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&#8217;s intent to strengthen its financial position amidst continued expansion in the country&#8217;s property sector.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">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.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Furthermore, the board&#8217;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&#8217;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&#8217;s operational financial latitude.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">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.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GURUGRAM, India \u2013 June 26, 2025 \u2013 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&#8217;s intent to strengthen its financial position amidst continued expansion in the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":941,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[2592,1399,2586,2585,2588,1112,1119,2581,1033,2587,2579,665,616,2590,2583,2589,1280,1298,2577,934,581,1814,2575,622,2578,2591,2576,2580,2582,2584,2574],"class_list":["post-940","post","type-post","status-publish","format-standard","has-post-thumbnail","category-gurugram","tag-2024-25-fiscal-year","tag-agentkart","tag-borrowing-limit","tag-capital-raising","tag-corporate-finance","tag-corporate-strategy","tag-debenture-issuance","tag-financial-news","tag-fundraise","tag-gurugram-developer","tag-gurugram-real-estate","tag-indian-real-estate","tag-investor-news","tag-listed-debentures","tag-market-update","tag-ncds","tag-non-convertible-debentures","tag-private-placement","tag-property-development","tag-property-investment","tag-real-estate-finance","tag-real-estate-fundraising","tag-real-estate-market","tag-realty-firm-india","tag-redeemable-debentures","tag-rs-875-crore","tag-sales-bookings","tag-secured-ncds","tag-shareholder-approval","tag-signature-global"],"_links":{"self":[{"href":"https:\/\/www.agentkart.com\/news\/wp-json\/wp\/v2\/posts\/940","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.agentkart.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.agentkart.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.agentkart.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.agentkart.com\/news\/wp-json\/wp\/v2\/comments?post=940"}],"version-history":[{"count":0,"href":"https:\/\/www.agentkart.com\/news\/wp-json\/wp\/v2\/posts\/940\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.agentkart.com\/news\/wp-json\/wp\/v2\/media\/941"}],"wp:attachment":[{"href":"https:\/\/www.agentkart.com\/news\/wp-json\/wp\/v2\/media?parent=940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.agentkart.com\/news\/wp-json\/wp\/v2\/categories?post=940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.agentkart.com\/news\/wp-json\/wp\/v2\/tags?post=940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}