Choice International Acquires 51% Stake in Fintoo Wealth Private Limited for INR 9,99,96,397

Choice International Limited, a listed entity, has acquired 51% equity shares of Fintoo Wealth Private Limited for a total consideration of INR 9,99,96,397. The acquisition was made at Rs. 192.15 per share. Fintoo Wealth Private Limited is a SEBI-registered Investment Adviser that operates a digital advisory platform providing comprehensive, goal-based financial advisory services. The acquisition is in line with Choice International's strategy to strengthen its presence in the technology-driven investment advisory and wealth management segment.