Signatureglobal raises borrowing limits, allows nominee directors

Signatureglobal (India) shareholders approved key resolutions including increasing the company's borrowing limit under the Companies Act, with 91.4% of votes in favor.

The property developer also won approval to create charges on properties for borrowing and issue secured non-convertible debentures, with 99.9% support.

Shareholders backed altering the Articles of Association to allow nominee directors, with near-unanimous 99.99% approval.