Choice International has acquired 100% stake in Choice Retail Solutions thus to be reckoned as the wholly owned Subsidiary of the company. The object of acquiring the Company is to expand their retail outlet network at PAN India level by providing retail solutions in financial services & other ancillary matters. The company has established Six Retail Outlets, two each in Mumbai, Chhattisgarh & Madhya Pradesh and is in the further process of instituting Financial Retail Outlets at various locations all over India.
Besides, the company through the approval of the Investment Committee has made an investment for 22.53% stake in Jaatvedas Construction Company (JCCPL) with respect to which Part payment of the Consideration is being made and Shares in favour of the company will be allotted after full payment.
Choice International offers services in area of project financing, assisting in raising funds by equity or debt routes, debt structuring, private equity, acquisitions, long term strategic planning, turnaround and structuring and joint ventures, divestitures and takeovers.
Company Name | CMP |
---|---|
ICICI Securities | 721.45 |
Angel One | 2662.40 |
Motilal Oswal Fin | 2291.85 |
Share India Sec. | 1566.90 |
SMC Global Sec. | 159.25 |
View more.. |