SignatureGlobal (India) Limited has received an Environmental, Social, and Governance (ESG) rating of 70 for the Financial Year 2024-25, as communicated to stock exchanges through a regulatory filing dated February 21, 2026.

ESG Rating Details

The ESG rating was assigned by NSE Sustainability Ratings & Analytics Limited, a subsidiary of NSE Indices Limited and a registered ESG Rating Provider. The assessment was conducted on a voluntary basis using publicly available information about the company.

Regulatory Compliance

The company informed BSE Limited and National Stock Exchange of India Limited about this development pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was signed by Company Secretary Meghraj Bothra on behalf of SignatureGlobal (India) Limited.

Rating Methodology

SignatureGlobal clarified in its filing that the company had not specifically appointed NSE Sustainability for ESG rating purposes. The rating agency conducted the assessment independently, utilizing information that is publicly accessible to evaluate the company's environmental, social, and governance practices for the financial year 2024-25.

Signatureglobal (India) Limited has officially received board approval for its strategic joint venture agreement with RMZ Group, marking a significant expansion into commercial real estate development. The board meeting held on February 14, 2026, formally approved the transaction under Regulation 30 of SEBI listing requirements, with completion expected by March 23, 2026.

Board Approval and Transaction Structure

The board of directors approved the execution of the Securities Subscription and Purchase Agreement (SSPA) among the company, Gurugram Commercity Limited (GCL), and Millennia Realtors Private Limited of the RMZ Group. The meeting commenced at 10:49 hours and concluded at 11:16 hours on February 14, 2026.

Joint Venture Structure and Financial Details

Under the approved agreement, RMZ Group will acquire 50% shareholding in GCL through a combination of primary subscription of equity shares and purchase of existing shares held by the company. GCL, currently a wholly owned subsidiary of Signatureglobal, will cease to be a subsidiary upon completion of the transaction.

Project Specifications and Development Plan

The joint venture will develop a mixed-use project on Southern Peripheral Road in Gurugram, utilizing approximately 3.94 million square feet of FSI. The development will integrate office buildings, hotels, and retail space within a design district concept, catering to growing demand for high-end commercial spaces.

Governance and Management Structure

The shareholders' agreement establishes equal representation with both Signatureglobal and RMZ entitled to appoint two nominee directors each on GCL's board. The agreement includes customary reserved matter rights covering business changes, mergers, borrowings, and transfer restrictions.

Strategic Partnership and Market Position

The collaboration leverages RMZ's expertise in conceptualization, leasing, and management of commercial assets with Signatureglobal's execution capabilities and regional market presence. This partnership enables the company to expand into commercial real estate while maintaining its strong position with 13% market share in NCR and 20% in Gurugram within the ₹20-50 million price range.