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Signatureglobal (India) gets nod to acquire balance 15.41% stake in Indeed Fincap

03 Feb 2024 Evaluate

Signatureglobal (India) has received approval for acquisition of the balance 15.41% equity shareholding of Indeed Fincap (Indeed), a subsidiary company. Subsequent to the acquisition of the said 15.41% shareholding, Indeed will become a wholly owned subsidiary of the Company. The acquisition is undertaken with an objective of taking the full control over its NBFC business. The Company is already holding 84.59% equity sharcholding in Indeed. 

The total cost of acquisition would be around Rs 2.966 crore (calculated on the enterprise value of 19.25 crore).  

Signatureglobal (India) is a real estate development company. The company operates in the National Capital Region of Delhi (Delhi NCR). The company strategically focused on the Affordable Housing segment and the Middle Income Housing segment through GoI and state government policies.

Signatureglobal Ind. Share Price

803.55 2.10 (0.26%)
16-Apr-2026 10:27 View Price Chart
Peers
Company Name CMP
Lodha Developers 856.00
Dilip Buildcon 455.05
DLF 586.40
Oberoi Realty 1704.75
Ahluwalia Contract(I 831.35
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