Hi @janak,
I tested in my lab and got the same results.
Therefore , I have looked up some information about this issue.
According to the official documentation of the set-mailboxmessageconfiguration command, the Signaturehtml parameter doesn’t work if the Outlook roaming signatures feature is enabled in your organization. However, it is enabled by default.
As a workaround, I would suggest that you could change OWA's signature by compose and reply in the settings page.
Hope this works for you!Thank you for your understanding!
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