CHOICEINNSEChoice International LimitedHighPositive
Announced Thu, 5 Jun · 10:02 IST

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 .".

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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.