02-Nov-2026 21:17:58

CHOICEINAcquisition and merger

CHOICE INTERNATIONAL Q2 FY27: RECORD REVENUE UP 33% YOY; ₹900 CR STRATEGIC INVESTMENT, 1:1 BONUS ISSUE & ₹710 CR ADVISORY ORDER BOOK

• Bonus Issue: Board recommended 1:1 bonus shares, subject to shareholder approval • ₹900 Cr Strategic Investment: Choice Equity Broking received ₹900 Cr from South Korea's NH Investment & Securities after quarter-end, primarily to expand its Margin Trading Facility (MTF) business • Broking Expansion: Demat accounts increased 14% YoY to 13.78 lakh, with 1.73 lakh accounts added during the quarter • MTF Business: MTF loan book reached ₹463 Cr, while client assets under custody stood at ₹66,300 Cr • Wealth Management: Total AUM reached ₹6,047 Cr, including ₹4,108 Cr mutual fund AUM and ₹291 Cr PMS and AIF AUM • Equity AUM Growth: Mutual fund equity AUM increased 49% YoY to ₹3,013 Cr, while PMS and AIF AUM surged 127% YoY • Government Advisory Order Book: Order book stood at ₹710 Cr, providing future execution and revenue visibility • Investment Banking Pipeline: Holds 24 IPO mandates with estimated fundraising potential of ₹6,210 Cr; completed five IPOs raising approximately ₹680 Cr during Q2 • Feedback Infra Acquisition: Proposed acquisition received Committee of Creditors approval, with completion awaiting NCLT approval and other requirements • NBFC Expansion: Loan book reached ₹935 Cr, with management focused on expanding retail lending while maintaining disciplined underwriting • Asset Management Expansion: Launched its first actively managed mutual fund scheme, Choice Large & Mid Cap Fund, with plans to introduce additional investment products • Wealth Distribution Growth: Structured and fixed-income product distribution reached ₹1,636 Cr during H1 FY27 versus ₹512 Cr YoY • Insurance Business: Sold 75,173 policies and generated ₹81 Cr premium during Q2 FY27 • Future Growth Plans: Focused on scaling MTF lending, institutional broking, wealth management, asset management, government advisory and investment banking

CHOICE INTERNATIONAL LTD

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