Signatureglobal (India) Limited has informed the Exchange about General Updates

Signatureglobal's board, on March 29, 2026, approved acquiring the 'Residential Project' from its wholly-owned subsidiary Gurugram Commercity Limited (GCL) for a lump-sum consideration of Rs. 50 crores via a Business Transfer Agreement and Joint Development Agreement. The project involves ~7.513 acres in Sector 71, Gurugram, with 30% of total FSI translating to about 16.42 lakh sq ft of developable area, transferred on a slump sale and going concern basis. Separately, the board approved selling 35.7 lakh equity shares in GCL to RMZ (Millennia Realtors) at Rs. 158.84 per share, aggregating to ~Rs. 56.70 crores, after which GCL will cease to be a wholly-owned subsidiary. This updates the February 14, 2026 deal, where RMZ's agreed consideration to acquire 50% of GCL has been revised upward from Rs. 1,283 crores to ~Rs. 1,293.47 crores, with RMZ investing ~Rs. 1,236.77 crores via primary subscription and ~Rs. 56.70 crores via share purchase. Both transactions are related-party deals, executed at arm's length.