Signatureglobal to raise ₹87.5 bn via private placement debentures

On October 9, 2025, Signatureglobal (India) Limited's debenture committee approved the issuance of 87,500 rated, listed, secured, redeemable, non-convertible debentures (NCDs) on a private placement basis. Each NCD will have a face value of ₹100,000, totaling ₹87,500,000,000. These NCDs will be listed on the debt market segment of BSE Limited and are set to be allotted on October 16, 2025, with a maturity date of January 15, 2029, offering a coupon of 11% per annum.

Coupon payments will be made quarterly, commencing January 15, 2026. Redemption of the NCDs will occur in 12 quarterly installments, starting April 15, 2026, and concluding on the final redemption date. The debentures are secured by a first-ranking exclusive charge via equitable mortgage over various land parcels and development rights in Sohna, Haryana, owned by SBPL, along with other specified securities.

The security package also includes land to be acquired from debenture proceeds and excess cash flows, hypothecation over properties, a corporate guarantee by SBPL, and personal guarantees from key individuals, including Pradeep Kumar Aggarwal, Lalit Kumar Aggarwal, Devender Aggarwal, and Ravi Aggarwal, subject to certain release conditions. The minimum security cover will be maintained at 1.50x the outstanding principal and interest, ensuring robust collateral for the investors.