Signatureglobal (India) Limited has informed the Exchange regarding Change in Director(s) of the company.
SIGNATURE · price
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Signatureglobal's board approved audited FY26 consolidated results showing revenue of Rs 25,959 million (up 4% YoY) and net profit of Rs 10,946 million, boosted by a Rs 12,672 million exceptional gain from selling a 50% stake in subsidiary Gurugram Commercity Limited (GCL) to RMZ Group. The company also entered a joint venture with RMZ for a 3.94 million sq ft mixed-use project on Southern Peripheral Road, Gurugram. Mr. Bharat Bhushan was appointed as Additional Non-Executive Independent Director for a 5-year term. Statutory auditors were changed from Walker Chandiok & Co LLP to S.N. Dhawan & Co LLP for 5 years, with Jain Jindal & Co appointed as internal auditor.
Strong financial performance driven by the GCL stake sale provides significant cash infusion and validates the company's asset-light joint venture strategy. The appointment of experienced independent director strengthens board governance, while the auditor change appears routine after their 5-year term completion.