Choice International Proposes 1:1 Bonus Issue; Record Date Yet to Be Announced
Choice International Bonus Issue Details
Choice International Limited has proposed issuing bonus equity shares in the ratio of 1:1.
Under the proposed issue, shareholders will receive one fully paid-up equity share of Rs 10 each for every one existing fully paid-up equity share of Rs 10 held.
The proposal was approved by the Board at its meeting held on November 2, 2026, subject to shareholder approval and other applicable statutory and regulatory approvals.
The record date for determining eligible shareholders will be announced separately by the company.
Choice International Authorised Share Capital Increase
Along with the bonus issue, the Board approved an increase in the company's authorised share capital from Rs 225 crore to Rs 447.80 crore.
The authorised share capital will be divided into 44.78 crore equity shares of Rs 10 each, subject to the required approvals.
The company has also approved the draft notice for its first Extraordinary General Meeting (EGM) for FY2026-27 to seek approval for the proposed changes.
Choice International Bonus Issue Highlights
| Particulars | Details |
|---|---|
| Company | Choice International Limited |
| Corporate Action | Bonus Issue |
| Bonus Ratio | 1:1 |
| Face Value | Rs 10 per equity share |
| Entitlement | One bonus share for every one existing share held |
| Board Approval Date | November 2, 2026 |
| Record Date | To be announced |
| Authorised Share Capital | Proposed increase from Rs 225 crore to Rs 447.80 crore |
| Approvals | Subject to shareholder and applicable regulatory approvals |
Disclaimer
Investments in the securities market are subject to market risks. Read all related documents carefully before investing. Registration granted by SEBI, and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors. Choice Equity Broking Private Limited: SEBI Reg No. Broking - INZ000160131 ( BSE - 3299 ) | ( NSE - 13773 ) | ( MSEI - 73200 ) | ( MCX - 40585 ) | ( NCDEX - 01006 ). Depository Participant SEBI Reg. No. - IN - DP - 84 - 2015, DP ID CDSL - 12066900, NSDL ID - IN301895. Research Analyst - INH000000222 (CIN. NO.: U65999MH2010PTC198714)