Allotment of 79.87 lakh shares on warrant conversion
CHOICEIN · price
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Choice International allotted 79,87,667 equity shares on December 5, 2025, upon conversion of warrants at INR 300 each. The company received the balance 75 percent consideration of INR 179.72 crore. Plutus Wealth Management LLP received 66.66 lakh shares for INR 150 crore and Soansrishti Properties got 13.21 lakh shares for INR 29.72 crore. All 2.31 crore warrants now fully converted with none outstanding. Paid-up equity capital rose to INR 222.77 crore across 22.28 crore shares.
Warrant conversion completed. Capital raised but share base expanded. No further dilution expected from these warrants.