BSECompany Update10 Aug 2026 · 10 Aug 2026, 08:26 pm

Acquisition of 100% stake of Choice Proptech Solutions Private Limited.

Choice International Ltd · 531358

✦ AI Summary▲ PositiveM&A

Choice International Ltd has acquired 100% stake of Choice Proptech Solutions Private Limited for ₹6,22,20,000 at ₹6,222 per share.

Analysis Scores

Earnings Impact8/10
Growth Catalyst9/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk5/10
Liquidity Impact9/10
Market Sentiment8/10

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Full Announcement

Choice International Ltd - 531358 - Announcement under Regulation 30 (LODR)-Acquisition

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REF: CIL/CC/34/2026-27 August 10, 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: Disclosure of Material Event/ Information under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Acquisition of stake in Choice Proptech Solutions Private Limited Dear Sir/ Madam, Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), we wish to inform you that the Board of Directors of the Company, at its meeting held on August 10, 2026 has entered into an arrangement for the acquisition of 10,000 equity shares of ₹10 each, representing 100% of the paid-up equity share capital of Choice Proptech Solutions Private Limited, our step-down subsidiary, from Choice Consultancy Services Private Limited, our subsidiary at a consideration of Rs. 6,222 per equity share, aggregating to ₹6,22,20,000 (Rupees Six Crore Twenty-Two Lakh Twenty Thousand only). Consequent to the aforesaid acquisition, Choice Proptech Solutions Private Limited is now a Wholly Owned Subsidiary of Choice International Limited. The details required under Regulation 30 of the SEBI Listing Regulations read with the SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed herewith as ‘Annexure-A’. Kindly take the above document on your record. Thanking You, Yours Truly, For Choice International Limited Karishma Shah Company Secretary & Compliance Officer ANNEXURE A Details under Para A of Part A of Schedule III of the LODR Regulations Sr. No. Particulars Responses 1. Name of the target entity, details in brief such Choice Proptech Solutions Private Limited as size, turnover etc. The Company has entered into an arrangement of for acquisition of 10,000 equity shares of face value ₹10/- each at an issue price of Rs. 6,222 (Rupees Six Thousand Two Hundred and Twenty-Two) per share of its step down subsidiary, Choice Proptech Solutions Private Limited from Choice Consultancy Services Private Limited, our subsidiary. Other details: Details as on March 31, 2026 of: a) Turnover (Rs. in lakhs): 245.57 b) Net worth (Rs. in lakhs) : 137.43 2. Whether the acquisition would fall within The transaction is a related party transaction and has been related party transaction(s) and whether the undertaken on an arm's length basis at a consideration promoter/ promoter group/ group companies determined by an independent Registered Valuer. The have any interest in the entity being acquired? transaction has received the prior approval of the Audit If yes, nature of interest and details thereof and Committee and the approval of the Board of Directors. The whether the same is done at “arm’s length” transaction does not qualify as a material related party transaction under Regulation 23 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and, accordingly, does not require the approval of the shareholders. 3. Industry to which the entity being acquired Technology-driven real estate distribution, marketing, and belongs; advisory Services. 4. objects and impact of acquisition (including but The acquisition is part of an internal group restructuring to not limited to, disclosure of reasons for simplify the Group's corporate structure and improve acquisition of target entity, if its business is operational efficiency. There is no material impact on the outside the main line of business of the listed business or operations of the listed entity. The acquisition does entity) not result in any change in the business activities of the listed entity. 5. brief details of any governmental or NA regulatory approvals required for the acquisition 6. indicative time period for completion of the upto 31st August, 2026 acquisition 7. consideration - whether cash consideration Particulars No. of Price per Total or share swap or any other form and details shares share consideration of the same (Amount (Amount in in Rs.) Rs.) Consideration 10,000 6,222 6,22,20,000 paid for acquiring Shares Total 10,000 6,22,20,000 8. cost of acquisition and/or the price at which No of Shares acquired: 10,000 the shares are acquired Cost of acquisition – Rs. 6,22,20,000 INR. 6,222/- Per Share 9. percentage of shareholding/ control acquired The Company has acquired 10,000 equity shares of ₹10 each, and/or number of shares acquired fully paid-up, constituting 100% of the paid-up equity share capital of Choice Proptech Solutions Private Limited Consequently, the Company has acquired 100% shareholding and control in the Target Company, which has become a direct wholly owned subsidiary (earlier being its step-down subsidiary). 10. brief background about the entity acquired in Brief background about the entity acquired: “Choice Proptech terms of products/line of business acquired, Solutions Private Limited”, incorporated under Companies Act, date of incorporation, history of last 3 years’ 1956 is engaged in the business of developing and operating a turnover, country in which the acquired technology-driven real estate distribution, marketing, and entity has presence and any other significant advisory platform for facilitating the sale, purchase, leasing, information (in brief) licensing, and transfer of real estate properties. History of last 3 Year Turnover (Rs. In years turnover Lakhs) 1st Previous year 2025-26 245.57 turnover 2nd Previous year 2024-25 213.64 turnover 3rd Previous year 2023-24 223.35 turnover Date of Incorporation: March 09, 2011 Countries of presence: India For Choice International Limited Karishma Shah (Company Secretary & Compliance Officer)