Patodia Properties Private Limited has resubmitted revised disclosures pertaining to share encumbrance as of January 29, 2026. The disclosure relates to regulations regarding the substantial acquisition of shares and takeovers. The revised information addresses clarifications sought concerning encumbered shares. The company is providing updated details in accordance with instructions received.
Share Encumbrance Details
As of January 29, 2026, Patodia Properties Private Limited has filed a revised disclosure regarding the encumbrance of shares. This filing includes details about promoter shareholding and encumbrances in Choice International Limited.
Key Data from Disclosure
The promoter, Patodia Properties Private Limited, held 84,70,000 shares which translates to 3.80% of the total share capital. After accounting for a release of pledge shares and creating collateral for loan, Patodia Properties holds 1,68,57,000 shares which amounts to 7.56% of the total share capital of Choice International Limited. Further, ₹40,00,00,000 is the amount involved against which shares have been encumbered.
Details of Encumbrance
The encumbrance type is a pledge, with the date of creation being December 30, 2025. The value of shares on the date of the event is Rs. 106,30,75,000. The borrowed amount is intended for personal use by the promoters and PACs. Aditya Birla Capital Limited is the entity in whose favor shares were encumbered as security.
Source: BSE
