CHOICE INTERNATIONAL LTD.

Choice International Ltd has acquired a 100% equity stake in Ellora Solutions Private Limited for ₹11.60 Lakhs. Ellora Solutions will become a wholly-owned subsidiary of Choice International. Ellora's turnover as of March 31, 2026, was ₹28.31 Lakhs and net worth was ₹15.33 Lakhs. The acquisition aims to support the expansion of Choice International's real estate and infrastructure consultancy services.

The National Company Law Tribunal (NCLT), Mumbai Bench, has approved the scheme of amalgamation between Choice Wealth Private Limited (CWPL) and Arete Capital Service Private Limited (ACSPL), both step-down wholly-owned subsidiaries of Choice International's material subsidiary, Choice Equity Broking Private Limited (CEBPL). The merger aims to achieve operational synergies, cost efficiencies, and optimal resource utilization. The turnover of CWPL and ACSPL for FY25 stood at ₹661.90 Lakhs and ₹1,341.17 Lakhs respectively. The share exchange ratio is set at 92 equity shares of ACSPL for every 100 equity shares of CWPL. The amalgamation will not result in any change in the shareholding pattern of Choice International.

Choice International Ltd has submitted the Monitoring Agency Report for the quarter ended March 31, 2026, issued by India Ratings and Research Private Limited. The report monitors the utilization of proceeds from a preferential issue of share warrants. It confirms that all share warrants have been fully converted into equity shares as of March 31, 2026, with no outstanding warrants or unutilized proceeds remaining. The report explicitly states that there has been no deviation in the use of proceeds from the objects stated in the Explanatory Statement to the EGM notice and corrigendum. This confirmation is based on management undertaking and a Statutory Auditor Certificate dated April 23, 2026.

Choice International Limited announced strong financial results for Q4 FY26 and the full financial year ended March 31, 2026. For Q4 FY26, total revenue increased by 23.06% year-on-year to ₹314 Cr, with Profit After Tax (PAT) jumping 26.76% year-on-year to ₹68 Cr. For the full FY26, revenue grew 24.18% to ₹1145 Cr, and PAT surged 46.21% to ₹238 Cr. The company reported significant operational growth, including a 16% YoY increase in Demat accounts to 12.63L and a 28% YoY growth in client assets for stock broking to ₹52,482 Cr. Key business developments included securing government mandates worth ₹55 Cr, a strategic digital investment platform mandate from India Post Payments Bank, and the launch of new Nifty Index Funds.

Choice International Ltd's Board of Directors approved the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. For Q4 FY26, the company reported a consolidated profit attributable to owners of ₹6,692.96 Lakhs on revenue from operations of ₹30,671.06 Lakhs. For the full financial year FY26, the consolidated profit attributable to owners reached ₹23,788.67 Lakhs, with revenue from operations at ₹111,913.10 Lakhs. The statutory auditors, M/s. M S K A & Associates LLP, issued an unmodified opinion on these results, as confirmed by the Chief Financial Officer.

Choice International Ltd has announced an earnings conference call to discuss its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The call is scheduled for Friday, April 24, 2026, at 4:00 PM IST. Key management personnel, including Group CEO Mr. Arun Poddar and Head of IR Mr. Ayush Sharma, will participate. Details for joining the call, including a Diamond Pass™ option for expedited access and universal dial-in numbers, have been provided.

Choice International Ltd has announced that its Board of Directors will convene on Thursday, April 23, 2026. The primary agenda for the meeting is to consider and approve the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026, and to adopt the Auditor's Report thereon. The company also confirmed that the trading window for its securities remains closed from April 1, 2026, until 48 hours after the financial results are declared, in compliance with SEBI Insider Trading Regulations.

Patodia Properties Private Limited has created a pledge of 84,70,000 shares, which is 3.80% of the total share capital of Choice International Limited. This encumbrance has been made as collateral for a loan from Aditya Birla Finance Limited. The post-event holding of encumbered shares is 3.38%.

Patodia Properties Pvt Ltd, a promoter of Choice International Ltd, has released a pledge on shares of the company. The release of pledge occurred on March 30, 2026, involving 84,70,000 shares, which is 3.80% of the total share capital. This move is disclosed under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

On April 4, 2026, Shree Shakambhari Exims Pvt Ltd released a pledge on 24,00,000 shares of Choice International Ltd, which were previously encumbered. This release of pledge represents 1.08% of the total share capital of Choice International Ltd. The shares were released from margin pledge with the National Securities Clearing Corporation Ltd.