Choice International Limited has notified stock exchanges regarding a structural change in its statutory auditor firm's constitution. The company submitted this intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 on January 16, 2026.

Auditor Firm Structural Change

The company's statutory auditor, M S K A & Associates, Chartered Accountants, has converted its business structure from a partnership firm to a Limited Liability Partnership (LLP). This conversion was executed under the provisions of the Limited Liability Partnership Act, 2008.

Continuity of Services

The newly structured firm will maintain continuity in its role as the company's statutory auditor. M S K A & Associates LLP will continue to function and discharge all obligations as the statutory auditor for the remaining period of their current tenure. This structural change does not affect the auditor's responsibilities or the duration of their appointment.

Regulatory Compliance

Choice International Limited submitted this notification to both major stock exchanges where its shares are listed. The communication was addressed to the Department of Corporate Services at BSE Limited and NSE Limited, ensuring compliance with disclosure requirements under SEBI Listing Regulations.

The notification was signed by Karishma Shah, Company Secretary & Compliance Officer, confirming the company's adherence to regulatory disclosure norms. This structural change represents a routine business transformation that allows the auditor firm to operate under LLP framework while maintaining professional continuity.

Choice International Limited has announced that its step-down subsidiary Choice Wealth Private Limited has secured a strategic contract from India Post Payment Bank (IPPB) to deploy a comprehensive digital investment platform. The contract was awarded following a detailed technical and commercial evaluation process, positioning Choice Wealth as a mutual fund aggregator and investment service provider.

Contract Scope and Service Offerings

Under this mandate, Choice Wealth will deploy a one-stop digital investment platform providing comprehensive services to IPPB customers. The platform will offer online mutual fund aggregation, robo-advisory solutions, and other digital investment services accessible through mobile applications, web-based platforms, and IPPB's mATM-compatible devices.

IPPB's Extensive Network Infrastructure

India Post Payment Bank operates one of the most extensive financial distribution networks globally, leveraging the vast India Post ecosystem. The partnership provides Choice Wealth access to an unparalleled nationwide footprint that significantly enhances market reach and customer accessibility.

Strategic Business Impact

The collaboration combines IPPB's unmatched national reach with Choice Wealth's digital and wealth management capabilities to create a powerful distribution-led investment ecosystem. This partnership is expected to significantly expand access to mutual fund and investment products, particularly among first-time investors and underserved communities in semi-urban and rural areas.

According to Mr. Arun Poddar, Group CEO of Choice International Limited, this engagement represents a landmark moment that aligns with the company's long-term vision of democratizing wealth creation across India. The partnership leverages IPPB's extraordinary last-mile reach with technology-led investment solutions to make investing more accessible and inclusive.

Technology and Compliance Framework

Choice Wealth brings deep expertise across capital markets, wealth management, and digital platforms, supported by scalable, secure, and regulatory-compliant technology infrastructure. The solution adheres to stringent standards of governance, data protection, and regulatory compliance, ensuring a safe and trusted investment experience for IPPB customers. The engagement aligns with India's digital transformation and financial inclusion objectives, supporting broader retail participation in formal investment products through technology-enabled access.