CHOICEINNSEChoice International Limited· FinanceHighPositive
Announced Tue, 17 Mar, 2026 · 10:53 IST

Our Subsidiaries, Choice Consultancy Services Private Limited, Choice Capital Advisors Private Limited and Ayoleeza Consultants Private Limited has secured significant development projects approximately worth Rs. 55 Crores across various states of the Country.

Order Above 5pct RevenueGovt Defence OrderBusiness Updates View source PDFExplain this filing

CHOICEIN · price

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Price reactionminutes from the announcement price · days from the prior close
+2.4%Reaction day
₹620.00
prior close
₹634.80
announcement price
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Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.6%+1.8% vs market
Holding Company peers, median of 13sector+0.6%+1.8% vs sector

On the reaction day the stock moved 1.8 pts more than Nifty Smallcap 250 and 1.8 pts more than its Holding Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Choice International's three subsidiaries — Choice Consultancy Services (CCSPL), Choice Capital Advisors (CCAPL), and Ayoleeza Consultants (ACPL) — have collectively won 12 government projects worth approximately Rs. 55 crores (inclusive of GST) across multiple Indian states. The projects span school infrastructure DPR (Karnataka, ~Rs. 17.86 cr), PACS computerisation (Karnataka, ~Rs. 11.44 cr), AI-based Media Monitoring Centre (Maharashtra, ~Rs. 9.98 cr), railway project supervision (Hyderabad, ~Rs. 5.07 cr), and highway DPR (Maharashtra, ~Rs. 2.42 cr), among others. Clients include central ministries (Railways, MoRTH), state governments (Karnataka, Maharashtra, Odisha, Chhattisgarh, Rajasthan), PSUs (FCI, CEL), and bodies like the Textile Committee. Project durations range from 2 months to 84 months, providing multi-year revenue visibility. All projects are domestic and not related-party transactions.

Likely market impact

This is a meaningful order book addition for Choice International's consulting subsidiaries, showcasing strong traction in government advisory and digital governance services. The diversified portfolio across sectors and states reduces concentration risk and supports revenue visibility, which is a positive signal for the company's growth trajectory in its non-financial services vertical.