Shares of Choice International Ltd soared 3% on 19 November after the company announced that its subsidiary acquired a 100% share in Ayoleeza Consultants.

This acquisition is consistent with Choice Group’s strategy of expanding its Public Sector Consulting vertical and strengthening its expertise in infrastructure project advice, design, supervision, and implementation monitoring.  

The combination of Ayoleeza’s strong technical knowledge, diverse client base, and proven execution track record will strengthen the company’s ability to deliver large-scale infrastructure projects throughout India. 

Ayoleeza Consultants provides professional advisory consultation services in India and adjacent countries, including railways and metros, roads and highways, bridges, tunnels, and urban infrastructure.

The organisation presently maintains live orders worth over Rs 200 crore with its partners.  

Notably, around 69% of these projects have time-based payment contracts, resulting in predictable monthly revenue.  

Ayoleeza has lately received numerous significant railway jobs, owing to its excellent technical expertise and extensive knowledge of India’s transportation infrastructure landscape. Furthermore, the firm has bid for consultant tenders worth Rs 350 crore in railway projects and Rs 150 crore in roads and highways, which are currently being evaluated, indicating good potential for future order wins.

Choice Group, headquartered in Mumbai, is a conglomerate that provides services in finance, engineering, and consultancy. The Group has memberships and regulatory registrations with important financial agencies like SEBI, RBI, IRDAI, NSE, BSE, MCX, NCDEX, and AMFI, as well as being a CDSL and NSDL depository participant. 

Choice, a fully integrated financial services organisation, has quickly grown into a comprehensive financial powerhouse, propelled by cutting-edge technology and creative client-centric solutions.  

The Group is “Great Place to Work” recognised and has ISO certifications, demonstrating its strong dedication to employee well-being, data security, and operational performance.

At 3:30 pm, the shares of Choice International closed 1.63% higher at Rs 796.65 on NSE.

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