Signatureglobal (India) Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
SIGNATURE · price
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Signatureglobal (India) Limited has amended its Articles of Association (AoA) by adding a new clause, Article 98A, which was approved by shareholders through a Special Resolution via postal ballot on 1st August 2025. The new article allows Debenture Trustees to nominate a person as a Nominee Director on the company's board, as required under SEBI (Debenture Trustees) Regulations, 1993. This is a standard regulatory provision that comes into play when a company has outstanding debentures. The amended AoA has been uploaded on the company's website.
This amendment primarily benefits debenture holders by giving their trustee a seat on the board to safeguard their interests. For equity shareholders, it is largely procedural but indicates that the company has outstanding debenture borrowings, reflecting a leveraged capital structure.