Patodia Properties Private Limited has formally submitted disclosures to the stock exchanges regarding the release of encumbrance on shares held in Choice International Limited. The filing, dated February 09, 2026, adheres to Regulation 31(2) requirements. The disclosure details that encumbrances were released across several promoter group entities, resulting in a revised total shareholding of 57.36% post-event, with 7.33% of total capital remaining encumbered.
Regulatory Filing on Shareholding Changes
Patodia Properties Private Limited officially communicated disclosures concerning its shareholding in Choice International Limited as mandated by securities regulations. The filing date for this report is February 09, 2026, confirming the release of previously created encumbrance on shares held by the Promoter Group.
Summary of Encumbrance Release
The document details the specifics of the release across 28 listed promoter entities or PACs. The total promoter holding before considering the release transaction was 57.36% (representing 12,78,02,292 shares). The total value of shares that had an encumbrance released during this event amounted to 1,66,57,000 shares (7.47% of capital).
Following the release, the post-event holding of encumbered shares across the group is detailed. The cumulative percentage of shares remaining under any form of encumbrance (pledge, lien, etc.) post-event is 7.33%, amounting to 1,63,37,000 shares.
Key Transactions Noted
The most significant release activity noted was by M/s. Patodia Properties Private Limited itself (Sr. No. 1). This entity had 82,70,000 shares (3.71%) released from a margin pledge on February 03, 2026. Subsequently, this entity re-encumbered 3,20,000 shares (0.14%) in favor of the National Securities Clearing Corporation Ltd, resulting in a net release.
Other notable entities involved in the transactions detailed in Annexure 1 include:
- M/s Shreeyam Trade Dynamics Private Limited (Sr. No. 2): Had 51,87,000 shares (2.32%) previously encumbered, with no creation/release/invocation recorded in the specific columns for this filing period.
- Mr. Arunkumar Poddar (Sr. No. 3) and M/s. Shree Shakambhari Exims Private Limited (Sr. No. 4) showed retained encumbrance levels of 6,00,000 shares (0.27%) and 24,00,000 shares (1.08%), respectively, with no changes reflected in the creation/release columns.
- Sunil Kumar Bagaria (PAC) (Sr. No. 21) had 2,00,000 shares (0.09%) remaining under encumbrance post-event.
Total Promoter Group Holding
The collective holding of the promoter and associated persons (PACs) in Choice International Limited remains substantial at 57.36%, representing 12,78,02,292 shares, after accounting for the reported releases.
Source: BSE
