NSEGeneral Updates11 Jul 2026 · 11 Jul 2026, 05:42 pm

General Updates

Choice International Limited · CHOICEIN

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Choice International Limited has received approval from the Securities and Exchange Board of India (SEBI) to act as the sponsor of Wealthwave Capital Trust, a SEBI-registered Category II Alternate Investment Fund (AIF), and its wholly owned subsidiary, Choice AMC Private Limited, has received approval to act as the Investment Manager to Wealthwave Capital Trust.

Analysis Scores

Earnings Impact6/10
Growth Catalyst8/10
Governance Concern2/10
Regulatory Risk4/10
Balance Sheet Risk3/10
Liquidity Impact9/10
Market Sentiment8/10

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Full Announcement

Receipt of SEBI Approval to the Company "Choice International Limited" to act as Sponosr and it''s subsidiary "Choice AMC Private Limited" to act as Investment Manager to Catogery II Alternate Investment Fund (AIF)

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REF: CIL/CC/25/2026-27 July 11, 2026 To To, The Corporate Service Department The Department of Corporate Services, The BSE Limited The NSE Limited Phiroze Jeejeebhoy Towers, 5th Floor, Exchange Plaza Dalal Street, Mumbai – 400001 Plot No. C/ 1, G Block, Bandra – Kurla Complex, Bandra (East), Mumbai – 400 051 Scrip Code: 531358 ISIN: INE102B01014 Scrip Code: CHOICEIN Sub: Intimation pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/Madam, Pursuant to Regulation 30 read with Para B of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), we are pleased to inform you that the company and its wholly owned subsidiary, Choice AMC Private Limited (CAPL) has received approval form Securities and Exchange Board of India ("SEBI") vide letter/No Objection Certificate ("NOC") relating to the following: 1. Choice International Limited to act as the sponsor of Wealthwave Capital Trust, a SEBI registered Category II Alternate Investment Fund ("AIF"). 2. Choice AMC Private Limited to act as the Investment Manager to Wealthwave Capital Trust, a SEBI registered Category II Alternate Investment Fund ("AIF") bearing Registration No. IN/AIF2/24-25/1736, in accordance with Regulation 21(b) of the SEBI (Mutual Funds) Regulations, 2026. Upon fulfilment of the conditions stipulated in the Letter/No Objection Certificate ("NOC"), Choice AMC Private Limited shall commence its business as the Investment Manager to Wealthwave Capital Trust, a SEBI registered Category II Alternate Investment Fund ("AIF") in accordance with the applicable provisions of the SEBI (Alternative Investment Funds) Regulations 2012, the SEBI (Mutual Funds) Regulations, 2026, and other applicable laws. This milestone represents a significant step forward the Company's vision of building a comprehensive financial services ecosystem. The approval further expands our investment offerings while strengthening our capabilities in the alternative investment space. It reflects our continued commitment to delivering innovative financial solutions and creating sustainable, long-term value for our stakeholders. Kindly take the same on the record. Thanking You, Yours Faithfully, For Choice International Limited Karishma Shah Company secretary & Compliance Officer