Choice International Received SEBI's In-Principle Approval for Mutual Fund Business in December 2024

Choice International Ltd. has clarified a news item titled 'Choice International gets SEBI's approval to set up MF business'. The company received In-Principle Approval from the Securities and Exchange Board of India (SEBI) on December 26, 2024, for sponsoring/setting up of a Mutual Fund. This was duly intimated to the Stock Exchanges on the same day. The company also received Final Approval from SEBI on August 01, 2025, which was also intimated to the Stock Exchanges.