Choice International Limited — Pledging, 30-01-2026: Pledge/Unpledge

Choice International: Promoter Patodia Properties Private Limited restructured its pledged shares on December 30, 2025. It released 13,00,000 shares (0.58% of total equity) previously held by National Securities Clearing Corporation. These same 13,00,000 shares were then pledged to Aditya Birla Capital to serve as collateral for a ₹40 Cr loan, which will be used for the promoter's own purposes. Despite these transactions, the total percentage of pledged shares by Patodia Properties Private Limited remains unchanged at 3.80% (84,70,000 shares) of the company's total equity. The shares pledged for this specific loan were valued at ₹106.31 Cr, providing a security cover of 2.66x.