Choice International Limited — Important, 03-06-2025: General Updates

Choice Equity Broking Pvt Ltd, a key subsidiary of Choice International, allotted 8.9 lakh shares via warrant conversion, reducing Choice International’s stake to 90%. The subsidiary raised INR 17.8 crore from two directors at INR 200 per share. Last fiscal, the subsidiary generated revenue of INR 508 crore. This internal capital infusion strengthens the subsidiary’s growth prospects without affecting overall control.