Choice International approves bonus issue and receives ₹900 crore
Choice International reported Q2FY27 profit of ₹695 crore and revenue of ₹3,729 crore, while approving a 1:1 bonus issue. Its broking arm received ₹900 crore for MTF expansion, and the stock rose 4.13% to ₹751.15 on 02 Nov 2026.
pre-market1 source ↓machine-written, see hownot a recommendation
- CHOICEIN close
- ₹751.15
- On the day
- +4.13%
- 52-week high
- ₹860.50
- 52-week low
- ₹568.70
Choice International reported a 23% year-on-year increase in consolidated profit after tax to ₹695 crore for the quarter ended 30 Sep 2026. Quarterly revenue reached a record ₹3,729 crore, up 36% from the year-earlier period. The board approved a 1:1 bonus issue and an increase in authorised share capital at its meeting on 02 Nov 2026. 📈
The bonus issue means eligible shareholders will receive one additional share for every share held, subject to the applicable process and record-date details. The issue increases the number of shares without changing the underlying business value, while potentially improving affordability and market liquidity after the adjustment. The company has not yet provided the revised authorised-capital amount or the record date in the reported details.
Operating performance also strengthened. EBITDA rose to ₹1,306 crore from ₹990 crore in Q2FY26, while the margin remained at 34.47%. The combination of higher revenue and stable margins indicates that expansion continued without a material margin decline. Financial services activity remains the core sector driver, with broking and related businesses contributing to growth. 💼
Choice Equity Broking separately received ₹900 crore from South Korea’s NH Investment & Securities. The funds will support expansion of the margin trading facility and broader business growth. A larger MTF platform can increase client financing capacity, although the disclosure does not quantify its expected revenue or profit contribution.
OI Charts data showed the stock closing at ₹751.15 on 02 Nov 2026, up 4.13% on the day, with volume of 1,315,608 shares. The stock had gained 7.6% over five sessions but was up 1.4% over 20 sessions. Its 52-week range was ₹568.70 to ₹860.50.
The next market-sensitive details are the bonus issue record date, share-credit timeline, revised authorised-capital figure and any filing setting out the terms of the strategic funding. Investors will also track whether expanded MTF operations translate into higher operating income in subsequent quarters.
Source: scanx.trade, 02 Nov 2026
Not investment advice. For informational purposes only.