Choice International has announced strong financial results for the third quarter, showcasing significant growth across key performance metrics. The company's consolidated financial performance demonstrates substantial improvement compared to the corresponding period in the previous year.

Financial Performance Highlights

The company's third quarter results reveal impressive growth momentum across profitability, revenue, and operational efficiency metrics. Choice International's consolidated performance showed remarkable expansion during the reporting period.

Revenue and EBITDA Performance

Choice International's revenue performance in the third quarter reached ₹3 billion, representing substantial growth from the ₹2 billion recorded in the same quarter of the previous year. The company's EBITDA performance was particularly strong, reaching ₹1.1 billion compared to ₹595 million in the corresponding period of the previous year.

Operational Efficiency Enhancement

The company demonstrated significant improvement in operational efficiency with EBITDA margin expanding to 36.84% from 28.44% year-on-year. This margin expansion indicates enhanced operational leverage and effective cost management strategies during the reporting period.

Profitability Growth

The company's consolidated net profit of ₹656 million in the third quarter significantly outperformed the ₹307 million achieved in the corresponding quarter of the previous year. This substantial increase in profitability demonstrates the company's ability to effectively manage operations and drive bottom-line growth.

These quarterly results position Choice International as demonstrating strong financial performance with notable improvements in revenue generation, operational efficiency, and profit margins during the third quarter reporting period.

Choice International promoter Patodia Properties Private Limited has submitted a revised disclosure under SEBI takeover regulations following clarification requests from stock exchanges. The disclosure addresses share encumbrance activities and provides detailed information about pledge transactions executed in December 2025.

Regulatory Compliance and Disclosure Background

The revised submission was made under Regulation 31(1) and (2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Patodia Properties received communication from stock exchanges seeking clarification regarding post-encumbered shares, prompting the company to resubmit comprehensive disclosure documentation.

The disclosure was signed by Suyash Sunil Patodia, Director with DIN 09489670, and submitted to both BSE Limited and NSE Limited on January 29, 2026, with a reporting date of January 1, 2026.

Share Encumbrance Transactions

Patodia Properties executed significant share encumbrance activities on December 30, 2025, involving its holding in Choice International Limited. The company holds 84,70,000 shares, representing 3.80% of Choice International's total share capital.

Financial Details and Security Cover

The pledge creation with Aditya Birla Capital Limited involves substantial financial commitments and security arrangements. The transaction demonstrates significant asset backing for the credit facility arrangement.

Promoter Group Holdings Overview

The comprehensive disclosure reveals the complete promoter group structure and their respective holdings in Choice International Limited. The total promoter group holding stands at 12,78,02,292 shares, representing 57.36% of the company's total share capital.

Key promoter group members include various Patodia family entities and individuals, with Vinita Sunil Patodia holding the largest individual stake at 2,48,04,000 shares (11.13%), followed by Arunkumar Poddar with 1,62,00,000 shares (7.27%). The disclosure also includes details of Persons Acting in Concert (PACs) and their respective shareholdings.

Transaction Purpose and Utilization

The encumbrance serves as collateral for Patodia Properties' own credit facility requirements rather than for Choice International's benefit. The borrowed amount will be utilized for the promoter's personal use, with the pledge providing security cover significantly exceeding the loan amount at a ratio of 2.66 times the borrowed sum.