Shreeyam Trade Dynamics Private Limited has filed a regulatory disclosure regarding the release of pledged shares in Choice International Limited, as mandated under SEBI Takeover Regulations. The disclosure, dated February 24, 2026, pertains to a pledge release transaction that occurred on February 18, 2026.

Pledge Release Details

The company released its pledge on 6.87 lakh shares of Choice International Limited, which were previously encumbered with National Securities Clearing Corporation Ltd. This transaction represents a margin pledge release, reducing Shreeyam Trade's encumbered shareholding in the target company.

Updated Shareholding Position

Following the pledge release, Shreeyam Trade Dynamics' shareholding structure in Choice International has been updated. The company maintains its total holding while reducing the encumbered portion significantly.

Promoter Group Holdings

The disclosure also provides a comprehensive overview of the entire promoter group's shareholding in 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:

• 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%) • Patodia Properties Private Limited: 84.70 lakh shares (3.80%)

Regulatory Compliance

The disclosure has been submitted to both BSE Limited and NSE Limited, where Choice International's shares are listed. This filing ensures compliance 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 persons acting in concert.

The document was signed by Arun Kumar Poddar, Director of Shreeyam Trade Dynamics Private Limited (DIN: 02819581), confirming the authenticity of the disclosed information and the company's commitment to regulatory transparency.

Plutus Wealth Management LLP has increased its shareholding in Choice International Limited to 8.66% from 6.25%, following a series of transactions that exceeded the 2% threshold requiring regulatory disclosure under SEBI regulations.

Transaction Details

The shareholding change occurred through two primary activities between January 30, 2026 and February 20, 2026. Plutus Wealth Management converted 66,66,667 warrants into equity shares, representing 2.99% of the total voting capital. Simultaneously, the firm sold 13,00,000 shares through open market transactions, representing 0.58% of the voting capital.

Shareholding Position

Prior to these transactions, Plutus Wealth Management held 1,39,33,333 shares carrying voting rights, representing 6.25% of Choice International's total voting capital. The firm also held 6,66,667 warrants, which represented 2.99% of the diluted share capital.

Company Capital Structure Changes

Choice International Limited's equity share capital increased following the warrant conversion. The company's total voting capital expanded from Rs. 2,14,78,88,330 (21,47,88,833 shares at face value of Rs. 10 each) to Rs. 2,22,77,65,000 (22,27,76,500 shares at face value of Rs. 10 each).

The total diluted share capital after the acquisition stands at Rs. 2,23,08,87,500, comprising 22,30,88,750 shares at the face value of Rs. 10 each.

Regulatory Compliance

Plutus Wealth Management LLP filed the mandatory disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, dated February 23, 2026. The firm confirmed it does not belong to the promoter or promoter group of Choice International Limited.

Choice International Limited's shares are listed on both the National Stock Exchange of India Limited and BSE Limited. The disclosure was submitted to both exchanges as required under regulatory guidelines.