Choice International Limited — Board Meeting, 21-07-2025: Outcome of Board Meeting

Choice International has announced a board meeting on July 21, 2025, where it approved the consolidated financial results for the quarter ended June 30, 2025. The company reported a revenue of Rs 233.88 Cr and a net profit of Rs 47.96 Cr.

Key strategic moves include receiving Rs 135 Cr from warrant conversions. The company made significant investments, including Rs 56.11 Cr in Choice AMC, making it a wholly-owned subsidiary, and Rs 99.52 Cr into Choice Finserv. An advance of Rs 62.50 Cr was made for a 50% stake in Choice Insurance Broking. The board also approved the re-appointment of two independent directors, pending shareholder approval.