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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Choice International Ltd

Choice International: Subsidiary Completes Rs. 899.99 Crore CCPS Allotment

FUNDRAISE ▲ Positive Development LOW RISK
📅 Filed on BSE: 27 Oct 2026, 05:06 PM IST  ·  BSE ID: 4a489eb8-5a46-456f-a802-6fee684d5282
View Original BSE Filing (PDF)
💡
In Simple Terms
A subsidiary of Choice International has received Rs. 8,99,99,95,500 from a South Korean investor through convertible preference shares.
🤖 AI Summary
  • Choice International subsidiary completes Rs. 8,99,99,95,500 CCPS allotment to NH Investment & Securities.
  • 42,25,350 CCPS issued at Rs. 2,130 per share, including Rs. 2,120 premium.
  • NH Investment & Securities is a subsidiary of South Korea's NH Financial Group.
  • Allotment does not result in any change of control for the subsidiary, CEBPL.
  • CCPS are convertible into equity shares of CEBPL, ranking pari passu.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Aggregate Subscription Amount
Rs. 8,99,99,95,500
Number of CCPS Allotted
42,25,350
Subscription Price per CCPS
X2,130/-
Face Value per CCPS
X10/-
Securities Premium per CCPS
X2,120/-
🏢 How This Affects the Company
📈
Business Impact
The strategic investment by a reputed South Korean financial group validates Choice Equity Broking Private Limited's business model and future prospects, potentially enhancing its market position.
💰
Financial Impact
The company has received Rs. 8,99,99,95,500 in its subsidiary through the issuance of CCPS, strengthening its capital base for potential future growth.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders at this time.
👤
Who Is Affected
All shareholders of Choice International are indirectly affected by the capital infusion into its material subsidiary, Choice Equity Broking Private Limited.
🔍
Management Signal
This move signals management's intent to secure strategic partnerships and capital to support subsidiary growth, without diluting immediate control.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Choice International's next quarterly results for any updates on subsidiary performance.
Future announcements regarding conversion of CCPS into equity shares by CEBPL.
Further strategic initiatives or business updates from Choice Equity Broking Private Limited.
LOW RISK Transaction is a capital raise completion, not a new or uncertain event.
💡 Investor Takeaway
Choice International's subsidiary, CEBPL, has completed the allotment of 42,25,350 CCPS to NH Investment & Securities for Rs. 8,99,99,95,500, strengthening its capital base.
⚖️ Strengths & Concerns

✅ Positives

  • Rs. 8,99,99,95,500 raised via CCPS allotment by material subsidiary Choice Equity Broking Private Limited.
  • Strategic investment secured from NH Investment & Securities Co., Ltd., a subsidiary of NH Financial Group.
📅 Company Track Record
Previously, Choice International had intimated the execution of agreements for a strategic investment of approximately Rs. 9,000 Million via CCPS for its subsidiary.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What is the total value of Compulsory Convertible Preference Shares (CCPS) allotted by Choice International's subsidiary?
Choice Equity Broking Private Limited allotted CCPS aggregating to Rs. 8,99,99,95,500 to NH Investment & Securities Co., Ltd.
How many CCPS were allotted by Choice International's subsidiary?
A total of 42,25,350 (Forty-Two Lakh Twenty-Five Thousand Three Hundred and Fifty) CCPS were allotted.
Who is the investor in the CCPS allotment by Choice International's subsidiary?
The investor is NH Investment & Securities Co., Ltd., a company incorporated and existing under the laws of the Republic of Korea.
What is the subscription price per CCPS for the allotment by Choice International's subsidiary?
Each CCPS was allotted at a subscription price of X2,130/-, comprising a face value of X10/- and securities premium of X2,120/-.
Does this allotment change the control of Choice Equity Broking Private Limited?
No, the allotment of CCPS and subsequent conversion will not result in any change in the control of Choice Equity Broking Private Limited.

Questions based on this BSE filing only. For information purposes.

⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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