Choice International Ltd
Choice International Acquires Optimo Investment 🏢➡️📊
• Acquired 100% equity stake in Optimo Investment Adviser Private Limited
• Total consideration: ₹1,000 for 10,000 shares at ₹0.1 per share
• Optimo becomes wholly owned subsidiary of Choice International
• Optimo had no turnover and negative net worth of ₹(98,022) as of March 31, 2025
• Acquisition purpose: Enhance operational efficiency and optimize costs for the group
• Transaction conducted on arm's length basis based on independent valuation