Choice International has completed the acquisition of 10,000 equity shares of the face value of Rs 10 each, representing 100% of the subscribed and paid-up equity share capital of Choice Proptech Solutions (CPSPL). Consequent upon completion of the aforesaid acquisition, CPSPL has become a wholly owned subsidiary of the company from being its step-down subsidiary.
The acquisition is part of an internal group restructuring to simplify the Group's corporate structure and improve operational efficiency. There is no material impact on the business or operations of the listed entity. This acquisition does not result in any change in the business activities of the listed entity.
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 |
|---|---|
| Angel One | 288.20 |
| Motilal Oswal Fin | 991.00 |
| IIFL Capital Service | 334.85 |
| Nuvama Wealth Mgmnt. | 1741.70 |
| Share India Sec. | 174.10 |
| View more.. | |
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