Signpost India has been permitted by the Karnataka High Court to resume its advertising operations in Bengaluru, following a disruption caused by notices from the local authority.
The High Court's decision to revoke the dismantling notice validates Signpost's continuation of operations under its pre-existing Public-Private Partnership agreement.
The 20-year PPP agreement outlines Signpost's responsibilities, including deploying traffic surveillance kiosks in Bengaluru, and generating advertising revenue from designated traffic junctions.
Signpost's ability to resume operations in Bengaluru is essential for recovering investments and ensuring business stability in one of India's major cities.