Real estate firm Signature Global has posted a consolidated net loss of Rs 45.33 crore in the quarter ended December on lower revenues.The company had posted a net profit of Rs 29.13 crore in the year-ago period. Total income fell to Rs 312.76 crore during October-December period of this fiscal from Rs 862.14 crore in […]
Real estate firm Signature Global will invest Rs 4,800 crore in developing a luxury housing project in Gurugram as part of its strategy to expand its business amid strong consumer demand.The company, which emerged as the fifth largest listed real estate company in terms of sales bookings last fiscal, recently launched a new project, ‘Sarvam […]
Gurgaon-based real estate developer Signature Global has raised Rs 875 crore through a private placement of non-convertible debentures (NCDs) with the International Finance Corporation (IFC), the World Bank’s lender. The company has used over 50% of the fund to pay off existing debt, while the balance is being used to acquire land at Sohna in […]
Real estate firm Signature Global Ltd has raised Rs 875 crore through the issuance of non-convertible debentures (NCDs) to repay its existing debt and expand its operations. In a regulatory filing on Friday, the company said a bond committee at its meeting has approved allotment of 87,500 NCDs of face value of Rs 1 lakh, […]
India’s major indices, the Nifty and Sensex, recovered on Thursday after a one-day lull, supported by gains in IT, metals and pharmaceutical stocks. The broader Nifty ended at 25,181.80, up 135.65 points or 0.54%, while the Sensex settled at 82,172.10, down 398.44 points or 0.49%. When trading resumes in the markets today, TCS, Tata Elxsi, […]
Gurugram-based real estate developer Signature Global has received approval from the bond commission to raise up to Rs 875 crore through non-convertible debentures on a private placement basis, according to a regulatory filing on Thursday. In June, the company’s board had approved raising funds through the issuance of covered listed redeemable NCDs. “The debenture committee […]
New Delhi: Realty Firm Signature Global LTD focuses on an increase in turnover of 92 percent in the activities during this financial year after a strong turnover in his residential projects in Gurugram. In a final presentation of investors, the company said it focuses on a turnover of RS 4,800 Crore in this financial year. […]