Acquisition / mergerNotableFiled on BSE ·

Signatureglobal approves acquisition of residential project from GCL and share sale to RMZ

SignatureGlobal India · Realty

Arthneeti Research DeskPublished 1 min read
₹50 CrAcquisition / merger

Key highlights

  • Signatureglobal (SGIL) approved acquiring Residential Project from its wholly-owned subsidiary GCL for ₹50 crore on 29th March 2026
  • The transaction includes a Business Transfer Agreement and other documents to transfer development rights over ~7.513 acres in Gurugram
  • SGIL approved sale of 35,69,731 shares of GCL to Millennia Realtors Pvt Ltd (RMZ) for ~₹56.70 crore; GCL will cease to be SGIL's wholly-owned subsidiary

Why it's rated notable: amount is ₹500 crore or more

Original filing

Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements

Read the filing on BSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.