Choice International Limited has strengthened its governance framework by appointing Dr. Nitin Kareer as a member of its existing Advisory Board. The appointment aims to leverage his extensive experience in public finance and state governance to enhance the company's regulatory compliance and policy oversight. This strategic move is intended to bolster long-term decision-making capabilities within the organization.

Dr. Nitin Kareer is a retired Indian Administrative Service (IAS) officer of the 1988 cadre and the former Chief Secretary to the Government of Maharashtra. He holds an MBBS qualification and brings over three decades of distinguished leadership experience to the role. His career spans critical sectors including public finance, taxation policy, urban development, and state governance.

The new advisor has a notable track record of advancing institutional reforms and driving large-scale digital transformation initiatives in the public sector. Dr. Kareer successfully directed complex GST negotiations and addressed significant urban planning challenges. His pioneering contributions to e-governance have received international recognition from the World Bank.

Profile of Dr. Nitin Kareer

The company disclosed this information in a filing submitted to BSE Limited and National Stock Exchange of India Limited on June 22, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by Karishma Shah, Company Secretary & Compliance Officer.

Choice International Limited confirmed that its promoters and Persons Acting in Concert (PAC) did not create any encumbrances on shares held by them during the financial year 2025-26. The disclosure, made under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, assures stakeholders that the shareholding remains free from undisclosed charges or liens during the specified period.

The confirmation was submitted by Kamal Poddar on behalf of the Promoter Group and PAC. The letter addressed to BSE Limited and National Stock Exchange of India Limited explicitly stated that no direct or indirect encumbrances were made other than those already disclosed to the exchanges. This regulatory filing ensures transparency regarding the financial standing of the promoter's holdings.

Regulatory Disclosure Details

The submission was made to comply with the Takeover Regulations, which mandate periodic disclosures regarding the status of promoter shareholdings. The following table outlines the key details of the filing:

The company confirmed that all necessary disclosures regarding any prior encumbrances had already been made to the exchanges. This filing serves as a formal confirmation for the record of the financial year 2025-26.