In a strategic move, Choice International Limited has successfully acquired an additional 25,00,000 (Twenty-Five lakh Only) Equity Shares of its subsidiary, Choice Finserv Private Limited. This transaction, valued at Rs. 11,62,50,000/- (Eleven Crore Sixty-Two lakh Fifty Thousand Only/-), received the green light from the Investment Committee.
This acquisition marks a significant milestone for Choice International Limited, as it elevates their stake in Choice Finserv Private Limited from 94.80% to a commanding 98.05%, effective September 25, 2023.
On the trading front, Choice International Ltd. shares exhibited a positive trend, concluding at Rs. 415.15 in the BSE market. This represents an upswing from the previous closing figure of Rs. 412.10. Throughout the day, a noteworthy 12,545 shares were exchanged in 391 trades.
About Choice International:
Choice International Limited stands as a prominent financial services conglomerate in India, with a global reach. Established in 1993, it has evolved into a trusted finance institution for a substantial clientele comprising both individuals and institutions, not only in India but around the world.
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