Signatureglobal (India) Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
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Signatureglobal (India) Limited has announced the results of its Postal Ballot concluded on August 1, 2025, with all four special resolutions approved by shareholders. The resolutions cover: (1) increasing the company's borrowing limit under Section 180(1)(c) — passed with 91.40% in favour, (2) creating charges on the company's movable and immovable properties under Section 180(1)(a) — passed with 91.43% in favour, (3) raising funds through issuance of Secured Listed Redeemable Non-Convertible Debentures (NCDs) — passed with 99.91% in favour, and (4) altering the Articles of Association — passed with 99.9996% in favour. Out of 21,717 eligible shareholders, approximately 80.20% of outstanding shares were polled. The scrutiniser was Mr. Deepak Kukreja of DMK Associates, Company Secretaries.
Shareholders have given the company a clear mandate to increase its borrowing capacity and raise additional debt through NCDs, which provides Signatureglobal greater financial flexibility to fund its real estate operations and expansion. The near-unanimous approval on the NCD issuance and Articles amendment signals strong shareholder confidence, while the relatively lower but still comfortable margin on the borrowing limit resolution reflects some institutional investor dissent.