Choice International Merger & Restructuring Worth ₹6.22 Cr
Choice International completed the acquisition of 100% stake in Choice Proptech Solutions Private Limited for ₹6.22 Crore. This transaction is an internal group restructuring.
- Value
- ₹6.22 Cr
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Choice International completed the acquisition of 100% stake in Choice Proptech Solutions Private Limited for ₹6.22 Crore. This transaction is an internal group restructuring.
Choice International is acquiring a 100% stake in its step-down subsidiary, Choice Proptech Solutions, for ₹6.222 Crore. This internal restructuring simplifies the Group's corporate structure.
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.