Choice International: 900 Crore MTF Bet, 50% Growth Opportunity or Risky Gamble?
India, Sept. 3 -- Choice International has entered FY27 with a major strategic move that could reshape the growth trajectory of its broking business. The company has strengthened its partnership with NH Investment & Securities through a Rs 900 crore investment in Choice Equity Broking, with the capital intended to support MTF, settlement funding, technology and broader expansion.
The move comes at a time when Choice is already seeing strong growth across its financial-services businesses and is looking to scale its broking franchise further. The opportunity is significant because Choice is not starting from scratch. Its stock-broking client assets stood at Rs 62,226 crore in Q1 FY27, while its demat base reached 12.94 lakh clients.
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