Date: 25th September, 2026
Board Meeting Outcomes
- The company's three wholly-owned subsidiaries - Signatureglobal Homes Limited, Fantabulous Town Developers Limited, and Signatureglobal Business Park Limited - have issued a Corporate Guarantee in favour of ICICI Bank Limited
- The guarantee secures a Rupee Term Loan facility not exceeding ₹100 crores availed by Signatureglobal (India) Limited
Details of Corporate Guarantee
Parties Involved:
- Guarantors: Signatureglobal Homes Limited, Fantabulous Town Developers Limited, and Signatureglobal Business Park Limited (wholly-owned subsidiaries)
- Lender: ICICI Bank Limited
- Borrower: Signatureglobal (India) Limited
Transaction Details:
- Nature of guarantee: Corporate Guarantee
- Guarantee amount: Covers Rupee Term Loan facility not exceeding ₹100 crores
- Guarantee terms: Unconditional, absolute, irrevocable, and continuing in nature
- Coverage: Repayment of all amounts due under the facility agreement
Promoter Interest:
- Promoters and promoter group do not have any interest in this transaction
- The transaction is conducted at arm's length between the company and its wholly-owned subsidiaries
Impact Assessment:
- The Corporate Guarantee represents a contingent liability for the guarantor subsidiaries
- There is no direct impact of this guarantee on Signatureglobal (India) Limited