Choice International Limited has formally announced the completion of Mrs. Sudha Bhushan's tenure as Independent Director, marking the end of her five-year term with the company. The announcement was made through regulatory filings to both BSE and NSE on February 12, 2026.

Director Tenure Completion Details

Mrs. Sudha Bhushan (DIN: 01749008) completed her first term of five years as an Independent Director on February 11, 2026, and consequently ceased to hold the position with effect from the end of business hours on the same date. The cessation was due to the natural completion of her tenure rather than resignation or removal.

Committee Membership Impact

Following the completion of her directorship tenure, Mrs. Sudha Bhushan also ceased to be a member of the company's board committees. Her committee involvement included membership in the Audit Committee, where she served in a member capacity throughout her tenure as Independent Director.

Regulatory Compliance and Acknowledgment

The company has fulfilled its regulatory obligations by notifying the stock exchanges under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was made in compliance with SEBI Circular ref no.: HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

The Board of Directors and Management have placed on record their sincere appreciation for Mrs. Bhushan's valuable contributions, guidance, and services rendered during her association with the company. Company Secretary and Compliance Officer Karishma Shah signed the regulatory filing on behalf of Choice International Limited.

The company trades on BSE under scrip code 531358 and on NSE under the symbol CHOICEIN, with headquarters located at Sunil Patodia Tower, J B Nagar, Andheri East, Mumbai.

Choice international has completed the acquisition of a 51% equity stake in Fintoo Wealth Private Limited, marking a strategic expansion into the technology-driven wealth management sector. The transaction, valued at INR 9,99,96,397, was disclosed under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements.

Acquisition Details

The acquisition involved purchasing 5,20,408 equity shares at INR 192.15 per share, giving Choice International majority control of Fintoo Wealth Private Limited. The transaction received requisite approval from the Securities and Exchange Board of India (SEBI), as referenced in the company's communication dated February 11, 2026.

Target Company Profile

Fintoo Wealth Private Limited operates a digital advisory platform providing comprehensive, goal-based financial advisory services. The company is a SEBI-registered Investment Adviser that leverages AI-driven technology to deliver financial planning solutions across multiple segments.

Service Portfolio

Fintoo Wealth's platform covers:

• Retirement planning
• Investment planning
• Debt management
• Tax planning
• Legacy and inheritance planning
• Insurance planning
• Emergency fund planning

Financial Performance

As of March 31, 2025, Fintoo Wealth Private Limited reported specific financial metrics that highlight its current market position.

Revenue History

The company's turnover history reflects its recent incorporation in FY 2023-24:

Strategic Rationale

The acquisition aligns with Choice International's strategy to strengthen its presence in the technology-driven investment advisory and wealth management segment. Fintoo Wealth's AI-based digital advisory platform complements the company's existing financial services business and is expected to enhance digital capabilities, expand customer reach, and create cross-selling synergies.

The business operations are aligned with Choice International's core financial services operations, representing a natural extension of the company's existing capabilities in the financial services sector. The transaction positions the company to leverage Fintoo Wealth's digital platform and SEBI-registered Investment Adviser status to expand its wealth management offerings.