Patodia Properties Releases Share Pledge in Choice International Limited

1 min read     Updated on 10 Feb 2026, 04:53 PM
scanx
Reviewed by
Shriram SScanX News Team
Overview

Patodia Properties Private Limited has released a pledge on 3.20 lakh shares of Choice International Limited with National Securities Clearing Corporation Ltd on February 03, 2026. This reduced the company's encumbered shareholding from 3.71% to 3.56%, while maintaining its total holding at 84.70 lakh shares (3.80%). The disclosure filed on February 09, 2026, also revealed that the promoter group collectively holds 12.78 crore shares representing 57.36% of Choice International's share capital.

32268207

*this image is generated using AI for illustrative purposes only.

Choice International has received a regulatory disclosure from its promoter entity Patodia Properties Private Limited regarding the release of share encumbrance under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Share Pledge Release Details

Patodia Properties Private Limited released a pledge on 3.20 lakh shares of Choice International Limited on February 03, 2026. The shares were previously pledged with National Securities Clearing Corporation Ltd as margin pledge.

Parameter: Details
Shares Released: 3.20 lakh
Release Date: February 03, 2026
Entity: National Securities Clearing Corporation Ltd
Type: Release of margin pledge

Impact on Shareholding Pattern

Following the pledge release, Patodia Properties' encumbered shareholding in Choice International has been reduced significantly.

Metric: Before Release After Release Change
Total Holding: 84.70 lakh shares (3.80%) 84.70 lakh shares (3.80%) No change
Encumbered Shares: 82.70 lakh shares (3.71%) 79.50 lakh shares (3.56%) -3.20 lakh shares
Percentage Reduction: - - 0.14%

Promoter Group Holdings Overview

The comprehensive disclosure reveals the complete promoter group structure of Choice International Limited. The promoter group collectively holds 12.78 crore shares, representing 57.36% of the company's total share capital.

Key Promoter Holdings

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

Regulatory Compliance

The disclosure was filed with BSE and NSE on February 09, 2026, in compliance with Regulation 31(2) of SEBI takeover regulations. The filing was signed by Vinita Sunil Patodia, Director of Patodia Properties Private Limited (DIN: 06360364).

The release of pledge shares indicates improved financial flexibility for the promoter entity while maintaining its overall shareholding percentage in Choice International Limited unchanged at 3.80%.

Historical Stock Returns for Choice International

1 Day5 Days1 Month6 Months1 Year5 Years
+1.13%+4.27%-4.83%+5.37%+51.43%+936.45%

Choice International Reports Q3FY26 Results with Net Profit Doubling to ₹656 Million

2 min read     Updated on 03 Feb 2026, 08:48 PM
scanx
Reviewed by
Naman SScanX News Team
Overview

Choice International delivered exceptional Q3FY26 results with net profit doubling to ₹656 million and revenue increasing to ₹3 billion. The company achieved significant margin expansion with EBITDA margin improving to 36.84% from 28.44%, reflecting enhanced operational efficiency across all business segments.

31677509

*this image is generated using AI for illustrative purposes only.

Choice International has announced its consolidated financial results for Q3FY26, demonstrating exceptional growth across all key performance metrics. The company's board meeting held on February 03, 2026, approved the unaudited financial results for the quarter ended December 31, 2025.

Outstanding Financial Performance

The company delivered remarkable financial performance during Q3FY26, with consolidated net profit more than doubling compared to the corresponding period in the previous year. Choice International's operational efficiency and revenue generation capabilities showed substantial improvement, with EBITDA margin expanding significantly to 36.84%.

Financial Metric Q3FY26 Q3FY25 Growth Rate
Consolidated Net Profit ₹656 million ₹307 million 113.50%
Revenue from Operations ₹3 billion ₹2 billion 50.00%
EBITDA ₹1.1 billion ₹595 million 84.87%
EBITDA Margin 36.84% 28.44% +840 bps

Revenue and Profitability Growth

Choice International's revenue from operations reached ₹3 billion in Q3FY26, representing a substantial increase from ₹2 billion in Q3FY25. The strong revenue performance demonstrates the company's ability to expand its market presence and capture growth opportunities. The EBITDA growth of 84.87% to ₹1.1 billion from ₹595 million reflects improved operational efficiency and cost management.

Margin Expansion Analysis

The company achieved significant margin expansion during the quarter, with EBITDA margin improving to 36.84% in Q3FY26 from 28.44% in Q3FY25. This 840 basis points improvement in EBITDA margin indicates enhanced operational leverage and effective cost optimization strategies across business operations.

Segment-wise Performance Analysis

The company operates across three primary business segments, each contributing to the overall growth momentum during Q3FY26.

Business Segment Q3FY26 Revenue Q3FY25 Revenue Growth
Broking Services ₹1,640.24 million ₹1,347.24 million 21.75%
Advisory Services ₹995.20 million ₹516.44 million 92.69%
NBFC Services ₹401.52 million ₹267.09 million 50.33%

Nine-Month Performance Highlights

For the nine months ended December 31, 2025, Choice International maintained its strong performance trajectory with consolidated net profit of ₹1,700.47 million compared to ₹1,091.97 million in the corresponding period of the previous year. Revenue from operations for the nine-month period reached ₹8,124.20 million, up from ₹6,573.82 million year-on-year.

Corporate Developments

During the nine months ended December 31, 2025, Choice International completed several strategic initiatives including warrant conversions, subsidiary investments, and business expansion activities. The company converted warrants into equity shares and made significant investments in subsidiaries including Choice AMC Private Limited and Choice Finserv Private Limited, strengthening its market position across various financial services segments.

These Q3FY26 results position Choice International as demonstrating exceptional financial performance with significant improvements in profitability, revenue generation, and operational efficiency across all business segments.

Historical Stock Returns for Choice International

1 Day5 Days1 Month6 Months1 Year5 Years
+1.13%+4.27%-4.83%+5.37%+51.43%+936.45%

More News on Choice International

1 Year Returns:+51.43%