Choice International Limited has informed the Exchange regarding a press release dated Jun 05, 2025, titled "Press release on projects secured by our wholly owned subsidiary M/s. Choice Consultancy Services Private Limited from the State of Maharashtra and Odisha .".

Govt Defence OrderBusiness Updates View source PDF Explain this filing

CHOICEIN · price

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Price reactionminutes from the announcement price · days from the prior close

-1.3%Reaction day

₹704.55

prior close

₹706.85

announcement price

In-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.7%-1.9% vs market

Holding Company peers, median of 13sector+2.0%-3.3% vs sector

On the reaction day the stock moved 1.9 pts less than Nifty Smallcap 250 and 3.3 pts less than its Holding Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

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Reaction day

-1.3+0.7-1.9+2.0-3.3

Next day

-0.5+1.3-1.9+2.1-2.7

+1.3+2.7-1.3+2.9-1.6

+1.2+2.8-1.6+3.2-2.0

-0.9+2.7-3.6+3.8-4.7

-1.5+1.3-2.7+3.2-4.7

-1.8+1.4-3.2+3.4-5.3

15d

+1.3+2.6-1.2+4.2-2.9

+0.6+3.9-3.3+2.8-2.1

+6.8-0.5+7.3-0.9+7.6

+11.8-0.9+12.8-0.6+12.4

UpDownMarket · Nifty Smallcap 250Sector · Holding Company peers, median of 13Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Choice International's wholly-owned subsidiary, Choice Consultancy Services Pvt Ltd, has won two public sector advisory mandates totalling approximately ₹63.47 crores (inclusive of GST). The first is a ₹52.80 crore work order from Maharashtra Institution for Transformation (MITRA) under the World Bank-supported MahaSTRIDE Program to set up District Strategic Units in the Chhatrapati Sambhajinagar Division over five years. The second is a ₹10.67 crore engagement for engineering consultancy services across 58 Urban Local Bodies in Odisha, where the subsidiary emerged as the highest-ranked bidder under the State Urban Development Agency, pending final work order confirmation over a two-year period.

Likely market impact

These wins strengthen the company's public sector consulting franchise and provide multi-year revenue visibility through government-backed mandates. Positive for the stock as it reinforces Choice Consultancy's positioning as a trusted advisor in state-level institutional and infrastructure transformation projects.