Signature Global's President-Legal Sapan Bebarta Steps Down

1 min read     Updated on 06 Nov 2025, 12:21 AM
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Reviewed by
Naman SharmaScanX News Team
Overview

Mr. Sapan Bebarta, President-Legal at Signature Global Limited, has resigned to pursue other opportunities, effective November 5, 2025. The company has accepted his resignation and will ensure a smooth transition. Signature Global has also announced a Q2 FY26 Results Conference Call for November 10, 2025, at 12:30 PM (IST).

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*this image is generated using AI for illustrative purposes only.

Signatureglobal Limited, a prominent player in the real estate sector, has announced a significant change in its senior management. Mr. Sapan Bebarta, who held the position of President-Legal and was designated as Senior Management Personnel, has tendered his resignation from the company.

Resignation Details

Mr. Bebarta's decision to leave Signature Global comes as he seeks to pursue better opportunities elsewhere. The company has accepted his resignation, which will take effect from the closing of business hours on November 5, 2025.

Transition Process

In his resignation letter dated September 5, 2025, addressed to Directors Nikhil Agarwal and Ravi Agarwal, Mr. Bebarta expressed his gratitude for his tenure at Signature Global. He also committed to ensuring a smooth transition during his departure, stating his willingness to assist in any way possible to facilitate the handover of his responsibilities.

Company Disclosure

Signature Global, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, has made this information public. The company's disclosure includes details required by the SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Upcoming Investor Call

Signature Global has scheduled its Q2 FY26 Results Conference Call for November 10, 2025, at 12:30 PM (IST). This call will provide an opportunity for investors and analysts to gain insights into the company's recent performance and future outlook.

Key Details of Q2 FY26 Results Conference Call
Date November 10, 2025
Time 12:30 PM (IST)
Universal Access Numbers +91 22 6280 1144 / +91 22 7115 8045

Investors interested in participating can access the call through various toll-free numbers provided for different countries or register via the Diamond Pass registration link.

Historical Stock Returns for Signatureglobal

1 Day5 Days1 Month6 Months1 Year5 Years
-0.16%+8.73%+3.96%-11.14%-13.96%+142.20%
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Signature Global Secures INR 8.75 Billion Through NCDs for Sustainable Housing Projects

2 min read     Updated on 28 Oct 2025, 08:34 PM
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Reviewed by
Riya DeyScanX News Team
Overview

Signature Global has raised INR 8.75 billion through Non-Convertible Debentures (NCDs) in a private placement to International Finance Corporation (IFC). The funds will be used for developing mid-income and sustainable housing projects and partially reducing existing debt. The NCDs, rated 'A+' stable by CareEdge Ratings, have a tenure of 3 years, 2 months, and 30 days, maturing on January 15, 2029. Signature Global has a strong market presence in the National Capital Region with a 13% market share and is targeting INR 125.00 billion in pre-sales for the current financial year. The company has demonstrated commitment to sustainability with 17 EDGE certified projects and aims for EDGE Advanced certification for its Daxin project.

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*this image is generated using AI for illustrative purposes only.

Signatureglobal , a prominent player in India's real estate sector, has successfully raised INR 8.75 billion through Non-Convertible Debentures (NCDs) in a private placement to International Finance Corporation (IFC), a member of the World Bank Group. This landmark transaction marks Signature Global's debut in the listed debt market and underscores its commitment to developing mid-income and sustainable housing projects.

Key Transaction Details

Aspect Details
Amount Raised INR 8.75 billion
Instrument Non-Convertible Debentures (NCDs)
Investor International Finance Corporation (IFC)
Rating 'A+' stable by CareEdge Ratings
Tenure 3 years, 2 months, and 30 days
Maturity Date January 15, 2029
Listing BSE

Fund Utilization and Strategic Implications

The proceeds from this NCD issuance will be primarily directed towards:

  1. Developing mid-income and sustainable housing projects
  2. Partially reducing existing debt

This fundraising initiative not only strengthens Signature Global's capital market presence but also aligns with its focus on sustainable development. The company, known for its customer-centric approach and commitment to timely delivery, views this investment as a testament to its strategic direction and operational excellence.

Sustainability Commitments

Signature Global has demonstrated a strong commitment to environmental sustainability:

  • 17 EDGE (Excellence in Design for Greater Efficiencies) certified projects
  • Scored 84 in its debut Global Real Estate Sustainability Benchmark (GRESB) assessment
  • IFC to provide GRIP (Greening Real Estate Investment Portfolios) advisory support
  • Targeting EDGE Advanced certification for the Daxin project

Market Position and Growth Trajectory

Signature Global has established a significant presence in the National Capital Region (NCR):

  • 13% market share in NCR
  • 20% market share in Gurugram (INR 20-50 million price range)
  • Ranked as the fifth-largest listed real estate developer based on FY 2024-25 sales bookings
  • Achieved pre-sales of INR 102.90 billion in FY 2024-25
  • Targeting INR 125.00 billion in pre-sales for the current financial year

Project Pipeline

As of Q1 FY26, Signature Global's robust project pipeline includes:

  • 17.10 million sq. ft. of recently launched projects
  • 9.20 million sq. ft. of ongoing projects
  • 24.50 million sq. ft. of forthcoming developments (slated for completion in 2-3 years)

Industry Context

The fundraising comes at a crucial time for India's urban housing sector. Estimates suggest that Tier 1 and Tier 2 cities alone will require 18 million additional housing units, with projections for a further 3 million needed between 2022 and 2027. This presents a significant opportunity for developers like Signature Global to address the growing demand for quality, sustainable housing in India's rapidly urbanizing landscape.

Pradeep Aggarwal, Founder & Chairman of Signature Global, emphasized the company's focus on customer satisfaction, delivery, and transparency. He expressed gratitude for IFC's confidence in the company and reaffirmed their commitment to delivering high-quality, sustainable mid-income housing projects with robust ESG standards.

This strategic move by Signature Global, backed by IFC's investment, not only strengthens the company's financial position but also contributes to addressing India's urban housing needs while promoting sustainable development practices in the real estate sector.

Historical Stock Returns for Signatureglobal

1 Day5 Days1 Month6 Months1 Year5 Years
-0.16%+8.73%+3.96%-11.14%-13.96%+142.20%
Signatureglobal
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