India >> Maharashtra >> Mumbai City >> Santacruz (East)

Signpost India Limited secures prime commercial property near Mumbai Airport for INR 54 crore

Synopsis

Signpost India Limited, a prominent media and advertising company, makes waves with two groundbreaking announcements. Firstly, it secures a prime commercial property near Mumbai Airport valued at INR 54 crore, bolstering its infrastructure and connectivity. Secondly, it merges with Pressman Advertising Ltd., expanding its service offerings to include advertising, digital marketing, and public relations solutions. Led by Chairman Shripad Ashtekar, the company aims to enhance operational capabilities and solidify its industry standing. With over 150 global awards and a vision for the future, Signpost India Limited pioneers creative and sustainable advertising solutions, shaping the media and advertising landscape in India and beyond.

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Signpost India Limited, a leading media and advertising company in India, has announced two significant developments that will reshape the industry landscape. The first development is the company's notable investment of acquiring a prime commercial property valued at INR 54 crore near Mumbai International Airport. Secondly, Signpost India Limited has announced a merger with Pressman Advertising Ltd., an independent full-service advertising agency.

Signpost India Limited is an independent and ISO-certified enterprise with extensive experience executing major public projects like street furniture, transit systems, public bicycle sharing, and internet traffic monitoring for over 32 government authorities nationwide. With a vision of "Signs of Tomorrow," the company has established itself as a pioneer in delivering creative and sustainable advertising solutions, serving over 500 premier brands through its network of seven offices.

The newly acquired 15,000 sq ft commercial property boasts a distinguished building strategically located on Nehru Road near Santacruz Airport. This ensures exceptional connectivity and aligns with Signpost India Limited's forward-looking vision. The property will serve as a centralised hub for all company divisions, reflecting its commitment to providing innovative media and advertising solutions.

Shripad Ashtekar, Chairman and Managing Director of Signpost India Limited, expressed enthusiasm for the acquisition, emphasizing how it strengthens infrastructure and expands service offerings. He highlighted the property's role in enhancing operational capabilities and reinforcing the company's position in the industry.

Signpost India Limited's reputation for excellence and innovation has been globally recognised with over 150 awards, including prestigious accolades such as ABBYS, EMVIES, KYOORIUS, Dragon of Asia, and Global Digital Signage Awards.

In a move aimed at further expanding its capabilities, Signpost India Limited has also announced a merger with Pressman Advertising Ltd., an independent full-service advertising agency. This strategic partnership will enable Signpost India Limited to provide an expanded suite of advertising, digital marketing, and public relations solutions in addition to its core projects in urban infrastructure and digital out-of-home advertising.

The merger underscores Signpost India Limited's commitment to innovation and growth, positioning the company as a comprehensive provider of integrated media and advertising solutions. With a track record of success and a vision for the future, Signpost India Limited continues to lead the way in shaping the landscape of the media and advertising industry in India and beyond.

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