Signature Global secures Rs 318.5 crore from anchor investors

20 Sep 2023 CW Team

Signature Global, a prominent real estate developer, has successfully raised Rs 318.5 crore from anchor investors in preparation for its upcoming public issue. This significant investment influx highlights the confidence and interest of institutional investors in the company's growth prospects.

The funds raised through anchor investors will bolster Signature Global's financial position, enabling the company to undertake ambitious expansion plans and execute ongoing projects efficiently. This move comes as the real estate sector in India continues to witness increased demand and promising growth potential.

This strategic funding round is expected to strengthen Signature Global's position as a key player in the real estate industry, further enhancing its ability to deliver quality residential and commercial projects. It also underscores the growing investor interest in India's real estate market.

The funds garnered from anchor investors will play a pivotal role in supporting the company's vision and future endeavours, solidifying Signature Global's commitment to providing innovative and sustainable real estate solutions. The successful anchor funding signifies a promising start to the company's journey towards a public issue and highlights the confidence of investors in its potential for long-term success.

Infrastructure Energy

23 Oct 2025

GAIL to Set Up Bengaluru CBG Plant Under New Concession Pact

GAIL (India) Limited has signed a 20-year concession agreement with the Bengaluru City Municipal Corporation (BBMP) to set up a compressed biogas (CBG) plant in the city. The project, expected to produce around 10 tonnes of CBG daily, will utilise municipal solid waste as feedstock, contributing to clean energy generation and efficient waste management. The CBG produced will be used in GAIL’s City Gas Distribution network to promote cleaner fuel usage. The initiative aligns with the government’s Sustainable Alternative Towards Affordable Transportation (SATAT) scheme and GAIL’s broader ..

Uttarakhand HC Lifts 31-Year Ban on ONGC’s Contractual Hiring

The Uttarakhand High Court has lifted a 31-year-old ban on the Oil and Natural Gas Corporation (ONGC) from hiring contractual workers, a restriction imposed in 1993. The decision enables ONGC’s Dehradun establishment to employ personnel on a contractual basis to meet operational requirements. The long-standing prohibition had limited ONGC’s ability to fill vacancies in its technical and administrative departments, often leading to project delays and higher dependence on outsourcing. With the court’s directive, the public sector enterprise can now proceed with temporary recruitments whil..

JSW Energy’s Utkal Unit Bags 400 MW, 25-Year Power Supply Deal

JSW Energy Limited announced that its subsidiary, JSW Energy (Utkal) Limited, has secured a Letter of Award (LoA) from Karnataka’s Power Company of Karnataka Limited (PCKL) for the supply of 400 MW of electricity for 25 years. The agreement is part of a competitive bidding process for long-term procurement of power to meet the state’s growing energy demand. The 400 MW capacity will be supplied from JSW Energy’s upcoming thermal power project in Odisha. This development strengthens JSW Energy’s presence in the southern market and aligns with its strategy to enhance long-term contracte..