Choice International complies with SEBI norms for FY26

Choice International Limited has achieved full compliance with the Securities and Exchange Board of India (SEBI) regulations for the financial year ended March 31, 2026. The company successfully met all requirements under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring robust governance and adherence to statutory norms.

R M Mimani & Associates LLP conducted the audit to certify the company's compliance status. The examination covered documents, records, filings submitted to stock exchanges, and the company's website. The audit confirmed that the listed entity complied with the provisions of the SEBI Act, 1992, the Securities Contracts (Regulation) Act, 1956, and various other regulations including those related to insider trading and issue of capital.

The report highlighted specific areas of compliance, confirming that the company's operations align with the Secretarial Standards issued by the Institute of Company Secretaries of India (ICSI). All applicable policies under SEBI Regulations were adopted and timely updated with board approval. The company maintained a functional website with accurate web-links for document dissemination as required under Regulation 27(2).

Key Compliance Areas

The audit verified several critical governance and operational parameters. The table below summarizes the compliance status across key categories:

Sr. No.	Particulars	Compliance Status	Observations
1.	Secretarial Standards compliance	Yes	Nil
2.	Adoption and updating of Policies	Yes	Nil
3.	Maintenance and disclosures on Website	Yes	Nil
4.	Disqualification of Director	Yes	Nil
5.	Details related to Subsidiaries	Yes	Nil
6.	Preservation of Documents	Yes	Nil
7.	Performance Evaluation	Yes	Nil
8.	Related Party Transactions	Yes / N.A	Nil
9.	Disclosure of events or information	Yes	Nil
10.	Prohibition of Insider Trading	Yes	Nil

Regulatory Actions and Auditors

The report confirmed that no actions were taken against the listed entity, its promoters, directors, or subsidiaries by SEBI or stock exchanges during the review period. There were no resignations of statutory auditors from the company or its material subsidiaries that required reporting under the Master Circular.

R M Mimani & Associates LLP issued the Annual Secretarial Compliance Report based on their examination. The firm noted that the responsibility for compliance with applicable laws and the authenticity of documents rests with the management. The audit was conducted on a random test basis to verify procedures, providing reasonable assurance regarding the correctness of the contents of the secretarial records.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.15%	-3.22%	-1.12%	-14.99%	-5.94%	+781.22%

Choice International has acquired a 100% equity stake in Ellora Solutions Private Limited for a total consideration of ₹11,60,000. The transaction, disclosed on May 25, 2026, will result in Ellora becoming a wholly owned subsidiary of the company. This strategic move is intended to support the expansion of Choice International's real estate and infrastructure consultancy services.

The acquisition involved the purchase of 10,000 equity shares at a price of ₹116 per share. Ellora Solutions operates in the consultancy services sector and is incorporated under the Companies Act 2013 with its registered office in Delhi. The transaction was executed as a cash consideration and is not classified as a related party transaction.

Provisional financial details for Ellora Solutions as on March 31, 2026, indicate a turnover of ₹28,31,200 and a net worth of INR 15,33,320. The entity has a presence in India. The acquisition aligns with Choice International's existing business objectives and is expected to facilitate activities related to property acquisition and other ancillary services.

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Karishma Shah, Company Secretary & Compliance Officer, signed the disclosure on behalf of Choice International.