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Choice International has announced a board meeting to approve the acquisition of the remaining 50% stake in its subsidiary, Choice Insurance Broking India Private Limited, by purchasing 6.6 lakh shares at Rs 947 each, totaling Rs 62.5 Cr. Post-acquisition, Choice Insurance will become a wholly owned subsidiary. The target company reported a turnover of Rs 88.59 Cr and net worth of Rs 19.66 Cr as of March 2025. This move aims to strengthen Choice International’s foothold in the growing insurance broking sector, subject to regulatory approval.