Choice International Ltd Share Price – NSE  / BSE

Finance, Small Cap

Choice International announced that Choice Wealth, a subsidiary of Choice Equity Broking and a step down subsidiary of the company , has bagged an award/contract from India Post Payment Bank (IPPB) to act as a mutual fund aggregator and investment service provider.

Pursuant to this contract, Choice Wealth will be responsible for offering mutual fund aggregation, distribution, and allied investment services to the existing as well as prospective clients of ?IPPB?. These services will be delivered through the ?IPPB? extensive PAN-India network, enabling wider access to structured investment solutions and enhancing customer engagement.

Under this mandate, Choice Wealth will deploy a one-stop digital investment platform providing online Mutual Funds aggregator services and Robo-Advisory (Investment) services along-with the other online investment services for the existing & prospective customers of the Bank. This will enable IPPB customers to access investment products seamlessly through mobile applications, web-based platforms, and IPPB's mATM-compatible devices. The platform will offer services such as online mutual fund aggregation, robo-advisory solutions, and other digital investment offerings, designed to simplify investing and broaden participation in formal financial markets.

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Choice International has allotted 79,87,667 equity shares on conversion of warrants. With this allotment, the paid up equity share capital has increased to Rs 222,77,65,000 consisting of 22,27,76,500 equity shares of Rs 10/- each.

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Ayoleeza Consultants is a two decades old reputed consultancy firm engaged in providing specialized advisory consultancy services in areas such as Railways & Metros, Road & Highways, Bridges, Tunnels and Urban Infrastructure in India and neighbouring countries. The company currently manages live orders worth over Rs 200 crore along with its partners, with about 69% of these projects being time-based payment contracts, ensuring steady monthly revenue.

Ayoleeza has recently secured several key assignments in the railway sector, driven by its strong technical capabilities and deep understanding of India?s transport infrastructure landscape. Additionally, the firm has also bid for consultancy tenders worth over Rs 350 crore in railway projects and Rs 150 crore in roads & highways, which are presently under evaluation, indicating strong prospects for future order wins.

Arun Poddar, group CEO of Choice International, added: ?We are delighted to welcome Ayoleeza Consultants into the Choice family. This acquisition reflects our continued commitment to scale our public sector consulting business, create long-term value, and contribute to the nation?s growth through participation in key public sector development projects globally.?

Choice International provides services like broking & distribution, investment banking, financial services, etc. The company?s consolidated net profit jumped 20.1% to Rs 55.23 crore on 14% increase in total income to Rs 284.10 crore in Q2 FY26 over Q2 FY25.

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Choice International announced that its subsidiary, Choice Consultancy Services (CCSPL), has acquired 100% shareholding in Ayoleeza Consultants.

Ayoleeza Consultants is a two decades old reputed consultancy firm engaged in providing specialized advisory consultancy services in areas such as Railways & Metros, Road & Highways, Bridges, Tunnels and Urban Infrastructure in India and neighbouring countries.

The company currently manages live orders exceeding Rs 200 crore alongwith their Partners. Notably, about 69% of these projects are time-based payment contracts, ensuring consistent monthly revenue. Ayoleeza has recently secured several key assignments in the railway sector, driven by its strong technical capabilities and deep understanding of India's transport infrastructure landscape. Additionally, the firm has bid for consultancy tenders worth Rs 350+ crore in Railway projects and Rs 150+ crore in Roads & Highways, which are presently under evaluation?indicating strong potential for future order wins.

This acquisition is strategically aligned with Choice Group's vision to expand its Public Sector Consulting vertical and strengthen its capabilities across project advisory, design, supervision, and implementation monitoring services in Infrastructure domain. The integration of Ayoleeza's strong technical expertise, diversified client base, and proven execution track record will enhance CCSPL's ability to deliver large-scale infrastructure mandates across India.

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