Signpost India Ltd

Order details

• Awarding entity: Chalo Mobility Private Limited.
• Nature and scope: Exclusive advertising rights on interior and exterior CHALO premium buses on Mumbai arterial roads.
• Contract value: Gross advertising revenue approx Rs 36 crores.
• Domestic awarding entity: Yes, Chalo Mobility is domestic.
• Term: 5-year contract.
• Terms: Exclusive rights for interior and exterior advertising on CHALO buses.
• Related party: No promoter/related party interest.
• Material impact: Revenue visibility over contract term (approx Rs 36 crores).

Signpost India Ltd — Trading window closed from Oct 1, 2026 until 48 hours after the declaration of the Unaudited Standalone and Consolidated Financial Results for the second quarter and half year ending September 30, 2026.

Overview

• Out-of-home media advertising and market research account for 100% of turnover.
• Disclosures are consolidated for the financial year 2025-26.
• 22 national offices across 26 states plus 1 international location.

Key ESG Risks & Opportunities

• Billboard dimension optimization improves asset safety and efficiency.
• LED conversion of 95% of illuminated assets reduces energy use.
• Net-zero by 2040 target with investments in sustainable technologies.
• Estimated annual CO2e reduction of 280,000 kg from LED/digital signage.
• Eco-friendly printing inks reduce environmental footprint.
• E-waste disposal risk addressed by reuse of digital billboards and recyclable canvases.
• Data privacy risk managed with governance, controls and monitoring.
• Advertising integrity risk mitigated by ethical standards and content audits.

Governance & Policy Highlights

• CSR Committee oversees community initiatives and sustainability activities.
• Board-approved ABAC, Whistleblower, POSH and CSR policies.
• ABAC policy adopted with zero tolerance for bribery.
• Whistleblower policy publicly accessible; internal version for employees.
• POSH policy with established reporting mechanisms.
• MD oversees BR implementation; CSR Committee oversight.
• SEBI complaints: 4 shareholder complaints pending; 1 resolved; 3 in process.

Social Responsibility & Workforce

• Permanent staff: 201; male 136, female 65; Workers: 284, all male.
• Turnover: permanent employees 47.12%; workers 27.48%.
• Retirement benefits: PF, Gratuity, ESI coverage 100% for employees and workers.
• Wages: female wages 20.20% of total wages.
• Training: health, safety and skills training with near 100% coverage.
• Grievance mechanisms: escalation paths and HR/ethics contacts for employees and workers.

Environmental Performance

• Non-renewable energy use: 3,84,80,924.87 MJ; no renewable data.
• Energy intensity: 0.0066 MJ/turnover; 0.000024 PPP; 1,91,447.39 MJ/employee.
• GHG emissions: Scope 1 116.81; Scope 2 6,842.03; Scope 3 84.26 tCO2e; total ~7,043 tCO2e.
• Waste generated FY2025-26: 18,105.79 MT; main components include stickers and fabrics.
• Water withdrawal 2,355.87 KL; consumption 471.17 KL; discharge to third parties 1,884.69 KL.
• Net-zero by 2040; LED conversion and energy-saving measures reduce emissions.

Stakeholder Engagement & Complaints

• Stakeholders include shareholders, customers, vendors, employees, regulators, communities.
• Engagement channels: website, meetings, email; shareholders/customers quarterly; communities as needed.
• Significant unresolved issues: 4 SEBI shareholder complaints pending; 1 resolved; 3 in process.
• Feedback used to inform CSR and sustainability actions.

Other Notable Metrics

• Related party transactions: purchases 0.67%; sales 0.23%; loans 100%; investments 92.10%.
• Green credits: 18 generated; none from value-chain partners.
• Privacy data: 0 data breaches; privacy policy in place.
• Training coverage: 100% across board, KMP, employees, and workers.
• ISO 9001:2015 Quality Management System maintained.

Financial highlights

• Revenue from operations: ₹57,593.43 Lakhs; YoY +27%.
• Operating EBITDA: ₹14,660.10 Lakhs; margin 25.5%.
• PAT: Standalone ₹7,002.30 Lakhs; Consolidated ₹7,021.00 Lakhs.
• RoE: 24.40% and RoA: 10.21%.
• Debt-to-equity 0.68x; OCF ₹2,181.11 Lakhs.

Network & operations

• Active footprint across 32 cities, ~10,850 display nodes over ~31 lakh sq ft.
• Transit reach: 6,500+ buses and 30 Mumbai metro stations.
• DOOH contributes 26% of revenue; digital area 2.4%.
• 700 active advertisers; MSME/regional 53% of client base.
• Digital yield approximately ₹1,364 per sq ft; DOOH area 74,600 sq ft.

Capital structure & dividends

• Paid-up equity capital ₹10.69 Cr; Authorized ₹80 Cr; 5,34,50,000 shares.
• Dividend proposed: ₹0.50 per share (25%).
• Share capital unchanged in FY26.

Governance & controls

• Board met 8 times in FY26.
• Statutory auditor: Sarda Soni Associates LLP; Secretarial auditor: Ankit Mazumdar.

Risks & outlook

• SFA liquidity: ₹2,313.68 Lakhs; 60-90 day payments; concentration risk with single lender.
• GST tax matters: ₹214.05 Lakhs due as at year-end.
• Trade receivables: ₹32,637.15 Lakhs; impairment ₹906.16 Lakhs; ECL recognised.
• Liquidity: working capital ₹7,868.87 Lakhs; 100% SFA liabilities with one lender.

CSR & ESG highlights

• Net-zero by 2040; 95% LED conversion; 280,000 kg CO2e reduction.
• CSR spend ₹12.30 Lakhs; unspent ₹93.50 Lakhs carried forward.

Subsidiaries & joint ventures

• Subsidiaries: Signpost Delhi Airport Pvt Ltd (99.98%); S2 Signpost India Pvt Ltd (51%).
• Joint Venture: Signpost Airports LLP (60%).

AGM notice and annual report access

• 19th AGM scheduled for 23 September 2026 at 3:30 PM IST via VC/OAVM.
• Notice of AGM and FY 2025-26 Annual Report accessible on the company's website.
• Shareholders with unregistered emails will receive notices digitally.
• Links, exact paths, and QR codes for AGM notice and Annual Report are provided.
• Please register or update email to receive future notices.
• Physical copies of notices or annual report available on request via cs@signpostindia.com.
• Annual Report for FY 2025-26 also accessible on BSE/NSE websites.

AGM details

• Date/time: 23 September 2026, 3:30 PM IST; mode: VC/OAVM.
• Remote e-voting: 20–22 September 2026, 9:00 AM–5:00 PM IST.
• Record date for dividend: 11 September 2026.
• Notice and annual report available electronically on company site.

Key resolutions (ordinary)

• Ordinary: adoption of standalone financial statements for FY 2025-26.
• Ordinary: adoption of consolidated financial statements for FY 2025-26.
• Ordinary: declaration of dividend on equity shares.
• Ordinary: re-appointment of Rajesh Awasthi as Executive Director.

Key resolutions (special)

• Special: revision in remuneration of Shripad Ashtekar, Managing Director.
• Special: revision in remuneration of Rajesh Awasthi, Executive Director.
• Special: revision in remuneration of Dipankar Chatterjee, Executive Director.
• Special: re-appointment of Dipankar Chatterjee as Executive Director (5 years) with revised remuneration.
• Special: appointment of Meghna Rajadhyaksha as Independent Director for 3 years.

Postal ballot (separate resolution)

• Postal ballot: appointment of Sanidhya Mittal as Independent Director; approved with 99.996% assent.

Dividend details

• Dividend proposed: ₹0.50 per equity share (₹267.25 lakh).
• Record date: 11 September 2026; payable after approval.

Directors and key management changes

• Resigned: Niren Suchanti (Non-Executive) on 02 Jul 2025.
• Appointed: Amita Desai as Independent Director (Aug 14, 2025) and resigned (Apr 10, 2026).
• Appointed: Sanidhya Mittal as Independent Director (Nov 12, 2025).
• Appointed: Meghna Rajadhyaksha as Independent Director (Aug 3, 2026, 3-year term).

Auditor appointments

• Statutory auditor: re-appointed M/s Sarda Soni Associates LLP for five-year term to 2029.
• Secretarial auditor: Ankit Mazumdar appointed for five years (Apr 2025–Mar 2030).
• Internal auditor: Arun S Goel & Company re-appointed (FY 2026-27).

Material related party transactions

• Remuneration to Directors & KMP: ₹546.18 lakh for FY 2025-26.
• Purchases/Sales with related parties: ₹229.50 lakh (purchases) and ₹130.83 lakh (sales).
• Unsecured loans to related parties: ₹413.62 lakh (net).

Other material approvals

• Remuneration revisions and director appointments to be approved by AGM.
• Company ongoing borrowings and related corporate actions to be considered.

Dividend and TDS update

• Board recommended dividend of Rs 0.50 per equity share for FY2026.
• Dividend payable subject to AGM approval; record date Sept 11, 2026.
• TDS on dividend is applicable to residents and non-residents as per applicable tax laws.
• Resident shareholders: 10% TDS with PAN; 20% without PAN.
• Non-resident shareholders: 20% TDS plus surcharge and cess; DTAA may apply.
• Lower withholding tax certificates available; valid for 1 April 2026 to 31 March 2027.
• IFSC Gift City unit treatment: no TDS if eligible; Form 1 required.
• Deadline for submitting documents is 11 September 2026.
• Shareholders must update PAN, tax status, and bank details to receive timely credit.