Choice International Promoter Pledges 6 Lakh Shares for Third-Party Credit Facility

1 min read     Updated on 25 Nov 2025, 10:02 AM
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Overview

Arun Kumar Poddar, promoter of Choice International Limited, pledged 600,000 shares (0.28% of total share capital) to ICICI Bank on November 14, 2025. The pledge serves as collateral for a third-party credit facility. Post-pledge, Poddar retains 16,200,000 shares, representing 7.75% of the company's total share capital.

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Choice International Limited , a prominent player in the financial services sector, has recently witnessed a significant corporate action involving its promoter, Arun Kumar Poddar. On November 14, 2025, Poddar pledged a portion of his shareholding as collateral for a credit facility availed by a third party.

Key Details of the Share Pledge

Aspect Details
Promoter Name Arun Kumar Poddar
Number of Shares Pledged 6,00,000
Percentage of Total Share Capital 0.28%
Pledged to ICICI Bank
Purpose Collateral for Third-Party Credit Facility
Date of Encumbrance November 14, 2025

Promoter's Shareholding Post-Pledge

Aspect Details
Total Shares Held by Promoter 16,200,000
Percentage of Total Share Capital 7.75%

This corporate action highlights the ongoing financial activities within the promoter group of Choice International Limited. The pledge of shares by Arun Kumar Poddar to ICICI Bank serves as collateral for a credit facility, although it's important to note that this facility has been availed by a third party and not by the promoter or the company directly.

Despite the pledge, Poddar continues to hold a significant stake in the company, retaining 16,200,000 shares, which represents 7.75% of Choice International's total share capital. This substantial holding suggests that the promoter maintains a strong interest in the company's performance and governance.

Investors and market watchers may want to keep an eye on any further developments or disclosures from the company regarding this transaction or any related financial arrangements. As always, it's crucial for stakeholders to consider such corporate actions in the broader context of the company's overall financial health and market position.

Historical Stock Returns for Choice International

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-0.12%-2.70%+10.83%+50.36%+939.64%
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Choice International Subsidiary Acquires Full Stake in Ayoleeza Consultants, Boosting Infrastructure Advisory Capabilities

1 min read     Updated on 18 Nov 2025, 04:29 PM
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Overview

Choice Consultancy Services Private Limited (CCSPL), a subsidiary of Choice International, has acquired a 100% stake in Ayoleeza Consultants Private Limited. Ayoleeza brings expertise in Railways & Metros, Roads & Highways, Bridges, Tunnels, and Urban Infrastructure, with live orders exceeding ₹200 Crores. The acquisition strengthens Choice International's position in infrastructure advisory and aligns with its vision to expand its Public Sector Consulting vertical. Ayoleeza's team of 200+ professionals and two decades of experience are expected to enhance CCSPL's capabilities in large-scale infrastructure projects across India.

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Choice International has announced a significant expansion of its business portfolio through a strategic acquisition. A subsidiary of the company, Choice Consultancy Services Private Limited (CCSPL), has completed a 100% stake acquisition of Ayoleeza Consultants Private Limited, a move that strengthens Choice International's position in the infrastructure advisory sector.

Key Highlights of the Acquisition

  • Full Ownership: CCSPL has acquired complete ownership of Ayoleeza Consultants.
  • Expertise Gained: Ayoleeza brings specialized advisory services in Railways & Metros, Roads & Highways, Bridges, Tunnels, and Urban Infrastructure.
  • Significant Order Book: Ayoleeza currently manages live orders exceeding ₹200 Crores.
  • Revenue Stability: About 69% of Ayoleeza's projects are time-based payment contracts, ensuring consistent monthly revenue.
  • Future Potential: Ayoleeza has bid for consultancy tenders worth ₹350+ Crores in Railway projects and ₹150+ Crores in Roads & Highways.

Ayoleeza Consultants: A Closer Look

Aspect Details
Experience Two decades in specialized consultancy
Team Strength 200+ qualified engineers, planners, and consultants
Key Services Detailed Project Reports (DPRs), Design and Supervision, Project Management Consultancy (PMC), Quality Assurance
Client Base Public and Private Sector
Recent Achievements Secured key assignments in the railway sector

Strategic Implications

This acquisition aligns with Choice Group's vision to expand its Public Sector Consulting vertical. The integration of Ayoleeza's technical expertise and diversified client base is expected to enhance CCSPL's capabilities in delivering large-scale infrastructure mandates across India.

Mr. Arun Poddar, Group CEO of Choice International Limited, commented on the acquisition: "We are delighted to welcome Ayoleeza Consultants into the Choice family. This acquisition reflects our continued commitment to scale our Public Sector Consulting business, create long-term value, and contribute to the nation's growth through participation in key public sector development projects globally."

The move is anticipated to consolidate CCSPL's position as a comprehensive Public Sector consulting and advisory platform, leveraging a strong pipeline of ongoing and upcoming projects, particularly in the transport segment, with a focus on Railways & Metro.

This strategic acquisition marks a significant step for Choice International in expanding its infrastructure advisory capabilities and strengthening its market position in the consulting sector.

Historical Stock Returns for Choice International

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-0.12%-2.70%+10.83%+50.36%+939.64%
Choice International
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