Signature Global Raises INR 8.75 billion via NCDs to Fund Mid-Income, Sustainable Housing Projects

Signature Global (India) Ltd., a leading real estate developer, has raised INR 8.75 billion through a private placement of Non-Convertible Debentures (NCDs) from International Finance Corporation (IFC). The funds will be used to develop mid-income and sustainable housing projects, as well as to reduce existing debt. The NCDs, with a tenure of 3 years, 2 months and 30 days, have been listed on BSE and mark the first-ever listed debt transaction of Signature Global. The company is committed to delivering high-quality, sustainable mid-income housing projects and implementing robust ESG standards across all future projects.