Patodia Properties Private Limited has filed a regulatory disclosure regarding the release of pledged shares in Choice International Limited, as mandated under SEBI's substantial acquisition and takeover regulations. The disclosure, dated April 04, 2026, pertains to the release of margin pledge shares executed on March 30, 2026.

Share Pledge Release Details

The company released a pledge on 9.50 lakh shares of Choice International Limited, which were previously encumbered in favor of National Securities Clearing Corporation Ltd. This transaction represents a margin pledge release that has reduced Patodia Properties' encumbered shareholding in the target company.

Updated Shareholding Position

Following the pledge release, Patodia Properties Private Limited's shareholding structure in Choice International has been modified. The company continues to hold 84.70 lakh shares, representing 3.80% of Choice International's total share capital, but the encumbered portion has decreased significantly.

Promoter Group Holdings Overview

The comprehensive disclosure reveals the extensive promoter group structure of Choice International Limited. The promoter group collectively holds 12.78 crore shares, representing 57.37% of the company's total share capital. Key promoter group members include various Patodia family entities and individuals, along with persons acting in concert.

Major Promoter Holdings

• Mrs. Vinita Sunil Patodia: 2.48 crore shares (11.13%)
• Mr. Arunkumar Poddar: 1.62 crore shares (7.27%)
• Mr. Kamal Poddar: 1.60 crore shares (7.18%)
• Mr. Suyash Sunil Patodia: 92.00 lakh shares (4.13%)
• Mrs. Hemlata Kamal Poddar: 80.00 lakh shares (3.59%)
• Mrs. Sonu Poddar: 80.00 lakh shares (3.59%)

Regulatory Compliance

The disclosure was submitted to both BSE Limited and NSE Limited, where Choice International's shares are listed. The filing complies with Regulation 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which mandates disclosure of encumbrance creation, release, or invocation by promoters and promoter group entities.

The document was digitally signed by Suyash Sunil Patodia, Director of Patodia Properties Private Limited (DIN: 09489670), ensuring proper authorization and compliance with regulatory requirements for such disclosures.

Shree Shakambhari Exims Private Limited has announced the release of pledged shares in Choice International Limited, filing the mandatory disclosure under SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. The regulatory filing was submitted to BSE and NSE on April 04, 2026.

Share Pledge Release Details

The company released its pledge on 10.60 lakh shares of Choice International Limited on March 30, 2026. These shares were previously pledged with the National Securities Clearing Corporation Limited as margin pledge.

Impact on Shareholding Pattern

Prior to the pledge release, Shree Shakambhari Exims held 24.00 lakh shares representing 1.08% of Choice International's total share capital, all of which were encumbered. Following the release of 10.60 lakh shares from pledge, the company's encumbered shareholding has reduced to 13.40 lakh shares, representing 0.60% of the total share capital.

Promoter Group Holdings

The comprehensive disclosure reveals the complete promoter group structure of Choice International Limited. The total promoter group holding stands at 12.78 crore shares, representing 57.37% of the company's share capital. Key promoter group entities include:

• Mrs. Vinita Sunil Patodia: 2.48 crore shares (11.13%)
• Mr. Arunkumar Poddar: 1.62 crore shares (7.27%)
• Mr. Kamal Poddar: 1.60 crore shares (7.18%)
• Mr. Suyash Sunil Patodia: 92.00 lakh shares (4.13%)

The total encumbered shares across the promoter group now stand at 1.44 crore shares, representing 6.47% of the total share capital, down from the previous 1.55 crore shares (6.95%).

Regulatory Compliance

The disclosure was made in accordance with Regulation 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which mandates promoters to inform stock exchanges about any encumbrance creation, release, or invocation on their shareholdings. The filing was signed by Anil Chothmal Patodia, Director of Shree Shakambhari Exims Private Limited, bearing DIN 00073993.