Choice International Limited has announced the acquisition of 100% equity stake in Ellora Solutions Private Limited. The all-cash transaction, valued at INR 11.60 Lakhs, involves the purchase of 10,000 equity shares. This strategic move aims to bolster the company’s real estate and infrastructure consultancy portfolio. Following the completion of this deal, Ellora Solutions will operate as a wholly owned subsidiary, supporting the company’s long-term commercial expansion goals.
Strengthening Consultancy Capabilities
As part of its growth strategy, Choice International Limited has entered into a definitive agreement to acquire the entire shareholding of Ellora Solutions Private Limited. The acquisition was finalized for a total consideration of INR 11.60 Lakhs, representing a price of INR 116 per share. This investment is designed to enhance the company’s footprint in the real estate and infrastructure advisory space.
Strategic Rationale
The acquisition of Ellora Solutions is set to complement the existing business operations of the parent company. By integrating this entity, Choice International plans to expand its service offerings, including property acquisition and related ancillary activities. The management considers this move a commercially expedient step to drive future growth and create value within its infrastructure consulting vertical.
Financial Snapshot of the Target Entity
Ellora Solutions Private Limited, incorporated under the Companies Act 2013, has maintained a presence in India with a history of diversified turnover. As of March 31, 2026, the entity reported a provisional turnover of INR 28.31 Lakhs and a net worth of INR 15.33 Lakhs. Over the previous three fiscal years, the entity recorded revenues of INR 212.19 Lakhs (2023-24), INR 90.26 Lakhs (2024-25), and INR 28.31 Lakhs (2025-26), respectively.
Source: BSE
