FilingReader Intelligence

Signature Global secures INR 8.75 bn for sustainable housing with IFC funding

October 28, 2025 at 07:06 PM UTCBy FilingReader AI

Signature Global (India) Ltd. announced on October 28, 2025, it has raised INR 8.75 billion through a private placement of non-convertible debentures (NCDs) with the International Finance Corporation (IFC), a World Bank Group member. The proceeds will fund mid-income and sustainable housing projects, with a portion dedicated to reducing existing debt. The NCDs, rated 'A+' stable by CareEdge Ratings, are listed on BSE, marking Signature Global's first listed debt transaction.

The NCDs have a tenure of 3 years, 2 months, and 30 days, maturing on January 15, 2029. This strategic financing strengthens the company's capital market presence and aligns with its commitment to delivering high-quality, sustainable mid-income housing. IFC will also provide GRIP advisory support to enhance Signature Global's sustainability strategy, aiming for EDGE advanced certification for the Daxin project.

With 17 projects now EDGE certified, Signature Global is a leader in green building commitments within India's real estate sector. The company's ESG efforts were recently recognized by the Global Real Estate Sustainability Benchmark (GRESB), achieving a score of 84 and ranking among the top-performing first-time participants globally.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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