StockWatch
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Holding Company
Acquisitions4 Nov 2026, 08:01 pm

Choice International Acquires Truestock, Quanthm; Sells SKP Green Stake

AI Summary

Choice International Ltd has acquired a 100% equity stake in M/s Truestock Universe Private Limited for INR 10,000 and M/s. Quanthm Bit Works Private Limited for INR 10,000. These acquisitions are part of the company's strategy to expand its digital and technology footprint, making both entities wholly owned subsidiaries. Concurrently, its material subsidiary, Choice Consultancy Services Private Limited, has sold its entire stake in SKP Green Ventures Private Limited, ceasing SKP Green's status as a step-down subsidiary. Truestock reported a turnover of Rs. 103.55 lakhs and a net worth of Rs. (127.34) lakhs as of March 31, 2026. Quanthm reported nil turnover and a net worth of Rs. (10.46) lakhs as of the same date.

Key Highlights

  • Acquired 100% stake in Truestock Universe Private Limited for INR 10,000.
  • Acquired 100% stake in Quanthm Bit Works Private Limited for INR 10,000.
  • Divested entire stake in SKP Green Ventures Private Limited.
  • Acquisitions aim to expand digital and technology footprint.
  • Both acquired entities will become wholly owned subsidiaries.