New Delhi, 29th October, 2025: Signature Global (India) Ltd., one of India’s leading real estate developers, announced that it has raised INR 8.75 billion through a private placement of Non-Convertible Debentures (NCDs) to the International Finance Corporation (IFC), a member of the World Bank Group.

The proceeds will be used to develop mid-income and sustainable housing projects, with a portion allocated toward reducing existing debt.

The NCDs—rated ‘A+’ by CareEdge Ratings—have been listed on the BSE, marking Signature Global’s first-ever listed debt transaction and strengthening its presence in the capital markets. The NCDs have a tenure of 3 years, 2 months, and 30 days, maturing on January 15, 2029.

Leadership Commentary

Mr. Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd., said:

“Since our inception, we have remained committed to customer satisfaction, timely delivery, and transparency. The faith reposed in us by an esteemed institution like IFC validates our approach and direction. As an environmentally conscious developer, Signature Global is committed to delivering high-quality, sustainable mid-income housing and implementing robust ESG standards across all our projects.”

IFC’s Perspective

Commenting on the investment, Mr. Imad N. Fakhoury, IFC Regional Division Director for South Asia, said:

“Housing is a fundamental pillar of India’s progress, and expanding access is both an opportunity and an imperative for inclusive growth. Through IFC’s investment in Signature Global’s Daxin project, we aim to provide high-quality, mid-income homes for families who need them most. This partnership will not only drive job creation and competitiveness but also help advance the company’s sustainability strategy—contributing to resilient and inclusive urban growth across India.”

Commitment to Sustainability

As part of the partnership, IFC will extend GRIP (Greening Real Estate Investment Portfolios) advisory support to strengthen Signature Global’s sustainability strategy. The Daxin project will pursue EDGE Advanced certification, supported by the European Union under the Accelerating Climate-Smart and Inclusive Infrastructure in South Asia program.

With 17 projects EDGE certified, Signature Global ranks among India’s top green builders. The company’s ESG performance was recently recognized by the Global Real Estate Sustainability Benchmark (GRESB), where it scored 84 on debut placing it among the top-performing first-time participants globally.

Market Position and Growth Outlook

Signature Global continues to strengthen its position as a leader in India’s housing market. In FY 2024–25, it ranked as the fifth-largest listed real estate developer based on sales bookings, achieving pre-sales of ₹102.9 billion, with a target of ₹125 billion for FY 2025–26.

As of Q1 FY26, the company’s development portfolio includes:

• 17.1 million sq. ft. of recently launched projects

• 9.2 million sq. ft. of ongoing developments

• 24.5 million sq. ft. of forthcoming projects over the next 2–3 years

India’s rapid urbanization continues to drive housing demand, with Tier 1 and Tier 2 cities projected to require over 21 million new housing units by 2027. Signature Global aims to address this gap through sustainable, high-quality housing solutions that align with its mission of “Housing for All.”