Choice International Approves 1:1 Bonus Issue

Choice International Ltd's Board of Directors has approved a bonus issue in the ratio of 1:1, subject to shareholder approval. The company will issue one equity share for every one held. This move necessitates an increase in authorized share capital from ₹225 Crores to ₹447.8 Crores. The bonus shares will be issued out of the company's Securities Premium Account or Free Reserves, with ₹222.77 Crores required for implementation. The company reported audited free reserves and securities premium of ₹745.88 Crores as of March 31, 2026. The bonus shares are expected to be credited/dispatched within two months from the Board's approval date.