Choice International Acquires 100% Stake in Ellora Solutions for ₹11.6 Lakhs
Choice International Limited acquired 100% equity in Ellora Solutions Private Limited for ₹11.6 Lakhs. Ellora, a consultancy firm, will become a wholly owned subsidiary. This acquisition supports the expansion of Choice International's real estate and infrastructure consultancy services.
The acquisition amount of ₹11.6 Lakhs is relatively small compared to the overall scale of a listed company, suggesting a limited immediate financial impact.
The acquisition of a wholly owned subsidiary is generally a positive step for a company's growth and strategic expansion.
Choice International Limited has announced the acquisition of 100% equity stake in Ellora Solutions Private Limited for a total consideration of ₹11.60 Lakhs (Rupees Eleven Lakhs and Sixty Thousand Only).
Following this transaction, Ellora Solutions will become a wholly owned subsidiary of Choice International Limited. The acquisition aligns with the company's existing business strategy and is intended to bolster the expansion of its real estate and infrastructure consultancy services.
Ellora Solutions Private Limited, incorporated under the Companies Act 2013 and based in Delhi, operates in the Consultancy Services sector. As of March 31, 2026, Ellora reported a provisional turnover of ₹28.31 Lakhs and a net worth of ₹15.33 Lakhs. For the previous three financial years, Ellora's turnover was ₹28.31 Lakhs (FY26 Provisional), ₹90.26 Lakhs (FY25), and ₹212.19 Lakhs (FY24).
The acquisition involves the purchase of 10,000 equity shares at ₹116 per share, with the total cost of acquisition amounting to ₹11.60 Lakhs.
What to do with a filing like this
Choice International Limited filed this with the NSE as a statutory disclosure, categorised under acquisition. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Choice International Limited. Read the original for the full detail.