Choice International Limited — Important, 04-06-2025: General Updates

Choice International has announced a board meeting to consider the financial results for the quarter and half-year. The company allotted 60 lakh equity shares to Plutus Wealth Management LLP, raising INR 135 Cr through warrant conversion at INR 300 each. Paid-up equity capital now stands at INR 205.65 Cr with 20.56 crore shares outstanding. Outstanding warrants of 1.71 crore remain, convertible within 18 months. This capital raise bolsters the company’s financial position to support growth and operations.