Signature Global Board Approves ₹50 Crore Residential Project Acquisition
Signature Global's board has formally approved the acquisition of a residential project from its subsidiary GCL for ₹50 crores and the transfer of equity shares to RMZ for ₹56.70 crores. The transactions, conducted under the SSPA framework from February 2026, involve a 7.513-acre residential development in Gurugram with 16,42,484 square feet of FSI rights, while RMZ's total investment has been revised to ₹1,293.47 crores for a 50% stake in GCL.
