Signatureglobal (India) Limited, a prominent player in the Indian real estate sector, held its 26th Annual General Meeting (AGM) on September 23, 2025, where shareholders approved several significant resolutions, including key appointments and remuneration revisions for top executives.

Re-appointment of Independent Director

One of the notable decisions was the re-appointment of Mr. Kundan Mal Agarwal as an Independent Director for a second five-year term, effective from April 2, 2026. Mr. Agarwal, a Chartered Accountant since 1974 with a Commerce degree from the University of Ranchi, brings extensive experience to the board. He has previously served on the boards of SMC Global Securities Limited and Moneywise Financial Services Private Limited.

New Secretarial Auditor

Shareholders also approved the appointment of M/s. Deepak Sharma & Associates as the company's Secretarial Auditor for a five-year term, spanning from Financial Year 2025-26 to 2029-30. The firm is led by Mr. Deepak Parasar Sharma, a practicing Company Secretary with over 20 years of experience in corporate laws, mergers and amalgamations, and legal advisory services.

Remuneration Revisions for Key Executives

The AGM saw the approval of remuneration revisions for several top executives:

• Mr. Pradeep Kumar Aggarwal, Chairman and Whole Time Director
• Mr. Lalit Kumar Aggarwal, Vice Chairman and Whole Time Director
• Mr. Ravi Aggarwal, Managing Director
• Mr. Devender Aggarwal, Joint Managing Director and Whole Time Director

Other Key Resolutions

Other important resolutions passed at the AGM included:

• Adoption of audited financial statements for the financial year ended March 31, 2025
• Re-appointment of Mr. Ravi Aggarwal as a director, who was liable to retire by rotation
• Ratification of remuneration for M/s. Goyal, Goyal & Associates, Cost Accountants

Voting Results

The company reported that all nine resolutions presented at the AGM were approved by shareholders with the requisite majority. The e-voting process, which included both remote e-voting and e-voting during the AGM, was conducted through the National Securities Depository Limited (NSDL) platform.

Signatureglobal's 26th AGM, held through video conferencing in line with Ministry of Corporate Affairs guidelines, marks a significant step in the company's corporate governance and strategic direction. The approval of these key appointments and remuneration revisions reflects shareholders' confidence in the company's leadership and future prospects.

Signatureglobal (India) Limited , a prominent real estate developer, has significantly expanded its land bank through a strategic acquisition in Gurugram, Haryana. The company's wholly-owned subsidiary, Signatureglobal Business Park Limited, has executed three sale deeds to purchase approximately 33.47 acres of land in Tehsil Sohna, District Gurugram.

Key Highlights of the Acquisition

Strategic Importance

This land acquisition aligns with Signatureglobal's growth strategy in the National Capital Region (NCR). Of the total acquired land, approximately 30.86 acres were previously in collaboration, as disclosed in the company's Red Herring Prospectus dated September 12, 2023. This suggests a consolidation of the company's interests in the area, potentially leading to more comprehensive and integrated development plans.

Development Potential

With a total developable area of about 1.76 million square feet, this acquisition presents substantial opportunities for Signatureglobal. The company, known for its mid-income and affordable housing projects, could leverage this land for various residential or mixed-use developments, catering to the growing demand in the Gurugram real estate market.

Market Impact

This move by Signatureglobal comes at a time when the Gurugram real estate market is experiencing significant growth. The city has emerged as a key driver in India's luxury housing segment, with notable price appreciation in recent years.

Future Outlook

The acquisition reinforces Signatureglobal's commitment to expanding its presence in key micro-markets across Gurugram. With ongoing infrastructure developments in the region, including the Sohna Elevated Corridor and upcoming elevated roads on Southern Peripheral Road, this land parcel is strategically positioned to benefit from enhanced connectivity and urban development in the area.

As Signatureglobal continues to strengthen its land bank, investors and homebuyers will be keenly watching how the company utilizes this new acquisition to further its growth and market position in the competitive NCR real estate landscape.