Choice International: Acquisition of "M/s Truestock Universe Private Limited" and "M/s. Quanthm Bit Works Private Limited" by the…
Choice International (CHOICEIN) filed a disclosure titled "Acquisition of "M/s Truestock Universe Private Limited" and "M/s. The company is valued at about ₹16,618 crore.
What happened
Choice International (CHOICEIN) filed a disclosure with the exchanges on 4 November 2026 at 07:58 PM titled "Acquisition of "M/s Truestock Universe Private Limited" and "M/s. Quanthm Bit Works Private Limited" by the Company and sale of Investment in "SKP Green Ventures Private Limited"…".
Company snapshot
Choice International is a small-cap company in the Financial Services sector, with a market value of about ₹16,618 crore.
The stock last traded at ₹746, against a 52-week range of ₹568.7–₹860.5 (13.3% below the high).
Before this filing the shares had moved +3.6% over the month and −9.7% over three months. Average daily turnover over the last 20 sessions was about ₹42.13 crore.
Promoters held 53.65% at the end of Q2 FY27; 11.39% of promoter shares were pledged. Foreign institutions owned 9.97% and domestic institutions 0.29%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 274 | 56.5 | 2.75 |
| Q3 FY26 | 303 | 65.6 | 3.09 |
| Q4 FY26 | 307 | 60.3 | 3.05 |
| Q1 FY27 | 310 | 60.6 | 2.72 |
| Q2 FY27 | 373 | 69.5 | 3.12 |
What history shows
BCEIE's records show 3 previous m&a filings from the company since May 2026.
After those filings, the stock fell 2.0% on average the next trading day and was down 4.3% on average after five days (2 filings with price data).
Across 102 similar disclosures by other Financial Services companies, shares moved 0.0% on average the next day and −0.3% over five days; 43% of them rose the next day.
Market-wide, 2,343 m&a filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 10 Aug 2026 | M&A | −3.6% | −4.9% |
| 25 May 2026 | M&A | −0.5% | −3.8% |
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
In the news
Recent coverage elsewhere (links open the original publisher):
- Choice International posts record Q2, stock holds gain on NH Investment deals
- Choice International Ltd (BOM:531358) (Q2 2027) Earnings Call Highlights: Record Revenue of INR ...
- Choice International Q2 Profit Jumps 23% to Rs 69.5 Cr
- Choice International proposes 1:1 bonus issue as revenue hits record high
- Bonus issue alert! Choice International to reward shareholders with 1:1 bonus shares. Check details
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.