CHOICEINNSEChoice International Limited· FinanceHighPositive
Announced Fri, 22 Aug, 2025 · 13:09 IST

Our subsidiary M/s. Choice Consultancy Services Private Limited has secured significant development projects approximately worth Rs. 140 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
+1.7%Reaction day
₹787.35
prior close
₹805.70
announcement price
In-mkt
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Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.2%+1.9% vs market
Holding Company peers, median of 13sector-0.7%+2.5% vs sector

On the reaction day the stock moved 1.9 pts more than Nifty Smallcap 250 and 2.5 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 subsidiary, Choice Consultancy Services Pvt Ltd (CCSPL), has won project mandates worth approximately ₹140 crore (inclusive of GST) across housing, agriculture, MSME development, water resource management, and urban planning. The projects span multiple states including Maharashtra, Odisha, Himachal Pradesh, and Rajasthan. Key assignments include a Mumbai slum redevelopment under MHADA's SRA framework, computerization of 1,625 Primary Agricultural Credit Societies in Odisha, MSME strengthening under RAMP, the New Chandrapur City Development, and several water resource projects in Rajasthan, one of which is supported by the New Development Bank. Project durations range from 6 to 84 months, giving CCSPL a long visible execution pipeline.

Likely market impact

This is a significant order win for the subsidiary, strengthening its order book and providing multi-year revenue visibility from government and public-sector consulting work. For Choice International shareholders, it reinforces the consulting arm's growth trajectory and diversification beyond core financial services, though execution over several years will determine actual revenue flow.