Choice International Ltd

Choice International Limited has completed the acquisition of 10,000 equity shares, representing 100% of the paid-up equity share capital, of Choice Proptech Solutions Private Limited from Choice Consultancy Services Private Limited, a subsidiary of Choice International, for Rs 6,222 per share, totaling Rs 62,22,20,000. The acquisition, which simplifies the Group's corporate structure and improves operational efficiency, makes Choice Proptech Solutions Private Limited a wholly owned subsidiary of Choice International, previously a step-down subsidiary, with Choice Proptech Solutions Private Limited reporting a turnover of Rs 245.57 lakh and a net worth of Rs 137.43 lakh as of March 31, 2026.

Choice International Ltd share price slipped 0.22% to Rs 802.1 after the company's net profit declined by 10.66% to Rs 60.61 crore, while revenue from operations improved marginally 1% to Rs 309.79 crore in Q2FY26 over Q1FY26. The market capitalization of Holding Company industry group stocks on BSE stood at Rs 4.54 lakh crore, declining 0.40%. It has slipped by 0.32% over last one week and moving up by 11.54% in last one month while the market capitalization of Choice International Ltd has eased by 2.49% and 20.62% in the same period respectively. Profit before tax (PBT) of Choice International Ltd stood at Rs 79.92 crore in Q2 FY26, expanding by 27.08% year-on-year, and slipping 7.82% quarter-on-quarter. EBITDA came in at Rs 68 crore, rallying 15.05% YoY and tanking 17.69% sequentially. Total expenses saw a slight increase of 5.26% to Rs 239.1 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 94.01 crore, easing 3.23% YoY. For the TTM ended FY26, revenue from operations surged 21.27% to Rs 910.38 crore, while net profit saw a strong growth of 24.34% to Rs 162.71 crore, compared to previous TTM. EBITDA surged by 17100% to Rs 207.22 crore, and PBT witnessed a strong rise of 22.40% to Rs 221.3 crore compared to previous TTM. Choice International Ltd declined by 1.54% in last one year, outperforming the benchmark BSE Sensex which has softened by 4.36% during the same period.

Choice International Limited announced that its Board of Directors approved the acquisition of 10,000 equity shares, representing 100% of the paid-up equity share capital, of Choice Proptech Solutions Private Limited from Choice Consultancy Services Private Limited for Rs 6,22,20,000. The acquisition, completed August 10, 2026, makes Choice Proptech Solutions Private Limited a wholly-owned subsidiary of Choice International Limited and is part of an internal group restructuring to improve operational efficiency. Choice Proptech Solutions Private Limited, incorporated March 9, 2011, is engaged in technology-driven real estate distribution, marketing, and advisory services, with a turnover of Rs 245.57 lakh as of March 31, 2026.

Choice International Limited will hold a board meeting on August 10, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, and to adopt the Limited Review Report of the auditor’s thereon, according to a regulatory filing. The company previously closed the trading window for insider trading purposes from July 1, 2026, and it will remain closed until 48 hours after the financial results are declared.

The proposed investment will support the expansion of CEBPL's broking, wealth management and capital markets businesses, strengthening the company's growth strategy across its financial services platform. NHIS, a subsidiary of NH Financial Group, will invest Rs 899.99 crore through the subscription of 42,25,350 compulsorily convertible preference shares (CCPS) at Rs 2,130 per share, subject to regulatory and other customary approvals. The investment marks a strategic partnership between the two companies and comes amid rising retail participation, growing investor awareness and increasing digital adoption in India's capital markets. The proceeds will be deployed to expand CEBPL's margin trading facility (MTF) book, strengthen technology infrastructure, accelerate customer acquisition, develop new products, enhance talent capabilities and scale operations. Beyond capital, the partnership brings significant strategic value by combining Choice's growing presence in India's financial markets with NHIS's global institutional expertise, technology-led operating model and experience in one of Asia's most sophisticated capital markets, the company said in an exchange filing. The collaboration is expected to enable knowledge sharing across institutional broking, research, capital markets, governance, risk management, compliance and operational excellence, helping strengthen Choice's institutional capabilities. Backed by the investment, CEBPL aims to achieve five-fold growth in its broking and distribution businesses over the next three years while expanding its digital capabilities and institutional franchise. The investment will be governed by a Share Subscription Agreement (SSA) and a Shareholders Agreement (SHA) executed between Choice International, CEBPL and NHIS. Choice International has signed the agreements as a confirming party in its capacity as the principal shareholder and promoter of CEBPL. Under the agreements, CEBPL will issue the CCPS to NHIS, while the SHA contains customary provisions relating to board composition, senior management appointments, investor consent rights on reserved matters, information-sharing obligations, transfer restrictions, lock-in provisions, non-compete arrangements and a put option. Choice International said the transaction will not result in any change in the management or control of either the listed company or CEBPL. The company and CEBPL have undertaken joint and several indemnity obligations for specified events under the definitive agreements. Choice has also agreed to certain transfer and non-compete restrictions relating to CEBPL for as long as NHIS remains a shareholder. The company said neither it nor CEBPL holds any stake in NH Investment & Securities, and the South Korean investor is not related to Choice International or its subsidiary. The transaction is not a related-party transaction, it added. Commenting on the development, Arun Poddar, CEO & Executive Director, Choice International, said: This investment marks a significant milestone in our growth journey and reflects the confidence of a leading global financial institution in our vision, business model and long-term potential. India's financial services sector is at an inflection point, driven by increasing investor participation, digital adoption and the growing need for accessible financial solutions. NHIS brings deep institutional expertise, global market insights and advanced digital capabilities that complement our strengths in serving India's rapidly expanding investor base. Together, we aim to drive innovation, enhance customer experience, expand access to quality financial products and contribute meaningfully to India's financial inclusion agenda. As the country progresses towards its Viksit Bharat 2047 vision, this partnership positions us to create sustainable value for our customers, stakeholders and the broader financial ecosystem. Commenting on the partnership, Shin Jae Wook, President & CEO of NH Investment & Securities, said: This strategic investment marks an important milestone in further strengthening NH Investment & Securities' global business portfolio. Through our partnership with Choice Group, we will combine the strengths of both organizations to deliver differentiated financial services and build sustainable long-term growth engines for our global business. Choice International is a diversified financial services company offering a wide range of solutions across broking and distribution, investment banking, wealth management, business advisory, and regulatory compliance services for government authorities and corporate entities. The company also provides retail loan distribution, mutual fund distribution, technical services, and other ancillary financial services. The company's consolidated net profit jumped 16.7% to Rs 60.31 crore on 23.1% rise in total income to Rs 313.85 crore in Q4 FY26 over Q4 FY25. Powered by Capital Market - Live

Net profit of Choice International rose 16.70% to Rs 60.31 crore in the quarter ended March 2026 as against Rs 51.68 crore during the previous quarter ended March 2025. Sales rose 21.23% to Rs 306.71 crore in the quarter ended March 2026 as against Rs 253.00 crore during the previous quarter ended March 2025. For the full year,net profit rose 39.04% to Rs 217.66 crore in the year ended March 2026 as against Rs 156.54 crore during the previous year ended March 2025. Sales rose 22.93% to Rs 1119.13 crore in the year ended March 2026 as against Rs 910.38 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales306.71253.00 21 1119.13910.38 23 OPM %37.6638.04 -35.7531.26 - PBDT96.7576.71 26 336.34229.79 46 PBT86.6973.95 17 316.39221.30 43 NP60.3151.68 17 217.66156.54 39 Powered by Capital Market - Live

Choice International will hold a meeting of the Board of Directors of the Company on 23 April 2026.

Choice International, the sponsor of Choice Mutual Fund, announced that Choice Mutual Fund has announced the launch of two new investment products ' Choice Nifty 50 Index Fund and Choice Nifty Next 50 Index Fund, aimed at helping investors build a disciplined long-term equity exposure. The New Fund Offer (NFO) for both schemes will open on 19 March 2026 and close on 2 April 2026. Powered by Capital Market - Live

Choice International announced that its subsidiaries, Choice Consultancy Services (CCSPL), Choice Capital Advisors (CCAPL) and Ayoleeza Consultants (ACPL), have secured significant development projects across various states in the country. These projects are in the areas of Development of Government School Infrastructure, Agriculture, Media Monitoring services, Project Supervision service, Highway Infrastructure, Municipal Services, IT Surveillance and E-Governance Services, Technical Auditing services, PMU Financial Services, GST Reform Impact Services for the Textile Sector, Industrial and Green Growth initiatives, with an aggregate value of approximately Rs 55 crore (inclusive of GST). Powered by Capital Market - Live

Choice International announced that Sudha Bhushan (DIN: 01749008) has ceased to be the Independent Director of the Company with effect from end of business hours of 11 February 2026 on completion of her tenure. Powered by Capital Market - Live