DB International Stock Brokers Ltd

DB International realigns: retail broking, depository & MF distribution to Choice entities for Rs 5,00,00,000 📊

- 30.48% of total revenue: major retail broking (except HNIs), depository & MF/other financial product distribution

- Major retail broking (except HNIs) incl. trading & depository to Choice Equity Broking

- Mutual fund & other financial product distribution to Choice Wealth

- Consideration: Rs 5,00,00,000

- Expected completion: on or before February 28, 2027

- Buyers not from promoter/promoter group/group companies

- Transaction not a related-party transaction

- Realignment focus: proprietary trading, algorithmic trading in derivatives, HNI clients, institutional business

- Un-audited standalone & consolidated results approved for quarter & half year ended September 30, 2026