<h1>Choice International Acquires 100% Stake in Choice Proptech Solutions for Strategic Group Restructuring</h1>
Choice International Limited has completed the acquisition of a controlling stake in Choice Proptech Solutions Private Limited, converting the entity from a step-down subsidiary to a Wholly Owned Subsidiary. The transaction involved the purchase of 10,000 equity shares of Choice Proptech Solutions from Choice Consultancy Services Private Limited, which is a subsidiary of the larger group.
The acquisition was finalized through an arrangement where Choice International paid a total consideration of ₹6,22,20,000 for the 10,000 equity shares, each valued at ₹6,222. This move solidifies Choice Proptech Solutions Private Limited within the corporate structure of Choice International Limited.
The acquisition is described as part of an internal group restructuring aimed at simplifying the Group's corporate structure and improving operational efficiency. The company stated that the purchase does not result in any change to the business activities or operations of Choice International Limited, nor does it have a material impact on its business.
Choice Proptech Solutions Private Limited operates in the technology-driven real estate distribution, marketing, and advisory services industry. Incorporated on March 09, 2011, the entity specializes in developing and operating a platform that facilitates the sale, purchase, leasing, licensing, and transfer of real estate properties.
Key operational and financial details of Choice Proptech Solutions Private Limited are summarized below:
| Particulars | Details |
|---|---|
| Industry | Technology-driven real estate distribution, marketing, and advisory services |
| Date of Incorporation | March 09, 2011 |
| Turnover (2025-26) | 245.57 Rs. in lakhs |
| Turnover (2024-25) | 213.64 Rs. in lakhs |
| Turnover (2023-24) | 223.35 Rs. in lakhs |
| Net Worth (as on March 31, 2026) | 137.43 Rs. in lakhs |
The transaction involved the purchase of all paid-up equity share capital, resulting in Choice International Limited acquiring 100% of the shareholding and control over Choice Proptech Solutions Private Limited. The company indicated that the acquisition is scheduled for completion up to August 31, 2026.
CHOICEIN Stock Price Movement
Today, Choice International Limited shares edged higher to close at ₹844.75, gaining 0.1% after trading in the stock's intraday range of ₹837.55 to ₹850. The equity saw a volume of 488,129 shares as it settled for the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.