BSECompany Update13h ago · 27 Oct 2026, 05:06 pm
Issuance and allotment of Complusory Convertible Preference Shares (CCPS) by our material subsidiary, Choice Equity Broking Private Limted to NH Investment & Securities Co., Ltd. (Investor)
Choice International Ltd · 531358
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Choice International Ltd's subsidiary, Choice Equity Broking Private Limited, has issued and allotted 42,25,350 Compulsorily Convertible Preference Shares (CCPS) to NH Investment & Securities Co., Ltd. at a subscription price of ₹2,130 per CCPS.
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Full Announcement
Choice International Ltd - 531358 - Announcement Under Regulation 30 Of SEBI (LODR).
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Choice
The Joy of Eaming
REF: CiL/CC/54/2026-27
October 27, 2026
To, To,
The Department of Corporate Services, The Department of Corporate Services,
The BSE Limited, The NSE Limited
P.J. Towers, 5" Floor, Exchange Plaza
Dalal Street, Plot No. ¢/ 1, G Block,
Mumbai-400001 Bandra — Kurfa Complex,
Bandra (East), Mumbai — 400 051
Scrip Code: 531358
ISIN: INE102B01014 Scrip Code: CHOICEIN
Sub: Intimation under Regulation 30 of SEB! (LODRY] Regulations, 2015 —Allotment of Compulsorily Convertible
Preference Shares (“CCPS”) to NH Investment & Securities Co., Ltd. {‘investor’) by our Material subsidiary,
Choice Equity Broking Private Limited {‘CEBPL’).
Dear Sir/ Madam,
In continuation of our earlier intimation dated July 09, 2026, referring to the execution of Shareholders’
Agreement (“SHA”) and a Share Subscription Agreement (“SSA”) (hereinafter collectively referred to as
“Definitive Agreements”) by the Compananyd our Material Subsidiary “CEBPL” with the Investor NH Investment
& Securities Co., Ltd., we are hereby glad to inform that , on receipt of the requisite approvals “CEBPL” has
issued & allotted 42,25,350 (Forty-Two Lakh Twenty-Five Thousand Three Hundred and Fifty) CCPS to NH
Investment & Securities Co., Ltd. ("Investor"), a company incorporated and existing under the laws of the
Republic of Korea.
The CCPS have been allotted at a subscription price of X2,130/- (Rupees Two Thousand One Hundred and Thirty
only) per CCPS, comprising a face value of X10/- (Rupees Ten only) and a securities premium of X2,120/- (Rupees
Two Thousand One Hundred and Twenty only) per CCPS, aggregating to 8,99,99,95,500/- (Rupees Eight
Hundred Ninety-Nine Crore Ninety-Nine Lakh Ninety-Five Thousand Five Hundred only).
The CCPS shall be convertible into equity shares of “CEBPL” in accordance with the terms and conditions
stipulated in the Definitive Agreements. Upon conversion, the equity shares so allotted shall rank pari passu with
the existing equity shares of “CEBPL”.
The allotment of CCPS to the Investor and the subsequent conversion of such CCPS into equity shares of “CEBPL”
will not result in any change in the control of “CEBPL”.
Brief profile of the Investor ~ Headquartered in Seoul, South Korea, The Investor operates as a core subsidiary
of NH Financial Group, building on a legacy that dates back to its establishment in 1969. The Company provides
securities brokerage, wealth management, investment banking, and capital markets solutions through a broad
network of over 57 domestic branches and offices, complemented by 8 overseas operations across key global
financial centers. Backed by a workforce of more than 3,000 professionals, The Investor serves retail, corporate,
and institutional clients with a well-established and integrated platform.
Choice International Limited
Sunil Patodia Tower, J B Nagar, Andheri East, Mumbai - 400099
1912267070999 E info@choiceindia.com
67190MH1093PLCO71117
iceindia
Letterheads. Keeping words official.
Choice
The Joy of Eaming
The strategic investment represents a valuable opportunity for “CEBPL” to partner with a distinguished and
highly reputed investor, reflecting the Investor's confidence in “CEBPL’s” business model, management, and
future prospects.
This intimation is being submitted for your information and records.
Thanking You,
Kindly take the above on record.
Thanking You,
Yours Truly,
For Choice International Limited
rishma Shah
(Company Secretary & Compliance Officer)
Choice International Limited
Sumil Patodin Tower, J B Nagar, Andheri East, Mumbai - 400009
119122 67079999 I info@ choiceindia.com
CIN No. L67190MH1993PLCO71117
Letterheads. Keeping words official.