Patodia Properties Private Limited announced the release of encumbrance on shares of Choice International Limited. The encumbrance release involves 2,00,000 shares. Following this transaction, Patodia Properties directly holds 1,66,57,000 shares or 7.47% of total share capital. This adjustment impacts promoter holdings.
Encumbrance Release Details
Patodia Properties Private Limited has officially announced the release of encumbrance related to certain shares of Choice International Limited. This announcement, dated January 30, 2026, provides details on the changes in shareholding and encumbrance status among promoter entities.
Impact on Shareholding
The release of encumbrance pertains to a total of 2,00,000 shares of Choice International Limited. This adjustment results in Patodia Properties Private Limited holding 1,66,57,000 shares, which accounts for approximately 7.47% of the total share capital. These changes are specifically attributed to the release of margin pledge.
Individual Promoter Adjustments
Several individual promoters and related entities have experienced adjustments in their encumbered holdings. For example, Shreeyam Trade Dynamics Private Limited now holds 51,87,000 shares or 2.32%. Mr. Arunkumar Poddar holds 6,00,000 shares representing 0.27%, and M/s. Shree Shakambhari Exims Private Limited holds 24,00,000 shares, accounting for 1.08%. Sunil Kumar Bagaria now holds 2,00,000 shares representing 0.09%.
Source: BSE
