Choice International Fund Raise of ₹900 Cr
Choice International Ltd approved a fund raise of ₹900 Crore via issuance of 42.25 lakh CCPS to an investor. The capital will bolster its broking and distribution business.
- Value
- ₹900.0 Cr
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Choice International Ltd approved a fund raise of ₹900 Crore via issuance of 42.25 lakh CCPS to an investor. The capital will bolster its broking and distribution business.
Choice International Ltd approved the sale of its subsidiary Choice Equity Broking to NH Investment & Securities for ₹900 Crore. The transaction is expected to close by July 2027.
Choice International Ltd approved the sale of its subsidiary Choice Equity Broking Pvt Ltd for ₹8,99,99,95,500 (≈ ₹900 Cr). The board meeting on 9 July 2026 confirmed the transaction.
Choice International disclosed a ₹900 Crore capital infusion as 42.25 lakh CCPS are issued to NH Investment & Securities. The transaction will be completed within 12 months.
Choice International Limited submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report confirms full regulatory compliance with no observations.
Choice International acquired Ellora Solutions Private Limited for ₹0.11 Crore. This consultancy acquisition supports the company's real estate and infrastructure services expansion strategy.
Choice International acquired a 100% stake in Ellora Solutions Private Limited for ₹0.12 Crore. The target becomes a wholly owned subsidiary supporting infrastructure consultancy expansion.
Choice International is merging two step-down subsidiaries to drive operational synergies and cost efficiencies. The consolidation into Arete Capital follows an approved Scheme of Amalgamation.
Choice International's step-down subsidiaries, CWPL and ACSPL, received NCLT approval for their merger. The consolidation aims to drive operational synergies without changing the parent company's shareholding.
Choice International Limited announced the successful passage of two special resolutions via postal ballot. Shareholders approved new director appointments and loan limit increases with requisite majorities.
Choice International Limited informed stock exchanges that it does not meet the criteria to be classified as a 'Large Corporate' as of March 31, 2026. This disclosure is in compliance with SEBI's framework for fund raising by issuance of debt securities by large entities.
Choice International Limited submitted its Monitoring Agency Report for the quarter ended March 31, 2026, regarding a ₹693.63 Crore preferential issue of warrants. The report confirms that all warrants have been converted into equity shares with no deviations in fund utilization from stated objects.
Choice International reported strong FY26 results with total revenue of ₹1145 Crore, up 24.18% YoY. PAT jumped 46.21% to ₹238 Crore. Key highlights include 59% revenue contribution from stock broking and client assets reaching ₹52,482 Crore. The company also secured a strategic digital mandate from India Post Payments Bank.
Choice International reported a robust FY26 with a 24.2% YoY revenue increase to ₹1,144.5 Cr and PAT surging 46.2% to ₹237.9 Cr. The company is pivoting towards tech-led financial services via its FinX platform.
Choice International Ltd approved audited FY26 results, reporting consolidated total income of ₹1,144.50 Crore and PAT of ₹237.89 Crore. The company also confirmed it does not meet the 'Large Corporate' criteria. These results reflect a significant growth over the previous financial year's performance.
Choice International Ltd approved audited FY26 results, reporting consolidated total income of ₹1,144.50 Crore and PAT of ₹237.89 Crore. The company also confirmed it does not meet the 'Large Corporate' criteria. These results reflect a significant growth over the previous financial year's performance.
Choice International Limited has scheduled a Board Meeting for April 23, 2026, to approve audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The trading window for company securities remains closed until 48 hours after the results declaration.
Choice International Ltd has issued a postal ballot notice seeking approval for the appointment of Mrs. Barnali Mukherjee as an Independent Director. Additionally, the company proposes increasing its loan and investment limit to ₹3,000 Crore to support business growth. E-voting starts on April 11, 2026, and concludes on May 10, 2026.
Patodia Properties Private Limited, a promoter of Choice International Limited, released a pledge on 9,50,000 equity shares (0.43% stake) on March 30, 2026. Following this release, the promoter's total encumbered holding decreased from 3.80% to 3.38% of the company's share capital.
Choice International Limited's promoter, Shree Shakambhari Exims Private Limited, released a pledge on 10,60,000 shares (0.48% stake) on March 30, 2026. The shares were previously encumbered in favor of National Securities Clearing Corporation Ltd. This reduces the promoter's total encumbered holding from 1.08% to 0.60%.
Choice International Limited has appointed Mr. Vimal Kumar Jain to its Advisory Board. With over 40 years of experience in capital structuring and strategic advisory, Mr. Jain's expertise is expected to strengthen the company's strategic capabilities and long-term growth prospects.
Choice International Ltd has appointed Mr. Vimal Kumar Jain, a seasoned professional with 40 years of experience, to its Advisory Board. Mr. Jain's expertise in financial structuring and capital markets is expected to strengthen the company's strategic advisory capabilities and support long-term growth.