Signatureglobal (India) Limited reported a strong Financial Year 2026, with total consolidated income reaching Rs 27,788.54 million. The company has announced the appointment of Mr. Bharat Bhushan as an Additional Director, along with a strategic Joint Venture with Millennia Realtors Private Limited (RMZ) to develop a large-scale mixed-use project in Gurugram. Additionally, the Board has approved a change in statutory auditors to M/s. S. N. Dhawan & Co LLP.
Annual Financial Performance
For the financial year ended March 31, 2026, the company achieved a robust consolidated net profit of Rs 10,946.44 million, a significant increase from the previous year. Revenue from operations for the full year stood at Rs 25,958.65 million. The quarterly results for Q4 (Jan-Mar 2026) show a total income of Rs 11,952.26 million, showcasing the company’s strong project delivery momentum.
Strategic Joint Venture with RMZ
In a major strategic move, the company has entered into a Joint Venture with Millennia Realtors Private Limited (RMZ). This collaboration focuses on developing a mixed-use project in Gurugram, spanning approximately 3.94 million square feet. The transaction, completed on March 29, 2026, involved the company diluting its shareholding in its subsidiary, Gurugram Commercity Limited (GCL), to 50%. This transaction resulted in a recognized realized gain of Rs 532.20 million and a remeasurement gain of Rs 12,139.99 million, presented as exceptional items.
Leadership and Governance Changes
The Board of Directors has approved the appointment of Mr. Bharat Bhushan as an Additional Director in the capacity of Non-Executive Independent Director for a first term of 5 years, effective May 13, 2026. Furthermore, the company has appointed M/s. S. N. Dhawan & Co LLP as the new Statutory Auditors, replacing M/s. Walker Chandiok & Co LLP effective from the conclusion of the ensuing 27th Annual General Meeting.
Internal Audit and Operations
The company also finalized its internal governance framework by appointing M/s. Jain Jindal & Co. as the Internal Auditor for the Financial Year 2026-27. Operational highlights include the successful full utilization of proceeds from Non-Convertible Debentures (NCDs) issued in the previous quarter, with a continued focus on maintaining robust security cover for its debt obligations.
Source: BSE
