Arun Kumar Poddar, a promoter of Choice International, created an encumbrance on 600,000 shares, representing 0.28% of the total share capital. This encumbrance was created on November 14, 2025, to provide collateral for credit facilities. Following this, Mr. Poddar holds 600,000 shares under encumbrance, retaining 0.28% of the total share capital.
Share Encumbrance Details
Arun Kumar Poddar, a promoter of Choice International Limited, has encumbered 600,000 shares of the company. The encumbrance was officially created on November 14, 2025.
Impact on Shareholding
The encumbered shares represent 0.28% of the total share capital of Choice International. Following this encumbrance, the total number of shares held by Mr. Poddar under encumbrance remains at 600,000, still constituting 0.28% of the total share capital.
Reason for Encumbrance
The encumbrance serves as collateral for credit facilities availed by a third party. The pledge impacts a total of 600,000 shares which are pledged to ICICI Bank.
Source: BSE