Madhusudan Kela Holds 7.21% Stake: Choice International Secures Orders Worth Rs 55,44,65,000 Across Multiple Projects

The share price of Choice International Limited surged 2.26 per cent, after the company announced that its subsidiaries have secured multiple mandates worth approximately Rs 55 crore from various government departments across India. As of on 12:40 PM March 17, 2026 the share price of company is trading at 632

Choice International Secures Multi-Crore Government Projects Across Sectors

Choice International Limited and its subsidiaries have secured several mandates amounting to around Rs 55 crore from various government departments across the country. The projects include the preparation of detailed project reports for school infrastructure development, the digitisation of primary agricultural credit societies, the development of a media monitoring center, project supervision for infrastructure development projects, and development of highway infrastructure. Apart from this, the company will also execute other projects such as municipal services, IT surveillance, e-governance solutions, financial advisory services, and policy evaluations.

Details of Multi-Project Mandates Secured by Choice International

• School Infrastructure DPR (Karnataka) : The project involves the preparation of a Detailed Project Report (DPR) for approximately 800 government schools, covering site surveys, architectural planning, and cost estimation. It has been awarded by the Department of Public Instruction, Karnataka, with a project value of Rs 17.86 crore and an execution timeline of 2 months.
   
• PACS Computerisation (Karnataka): The project involves digitisation of 1,083 Primary Agricultural Credit Societies to improve efficiency and transparency, awarded by the Department of Co-operation, Government of Karnataka, with a project value of Rs 11.44 crore and an execution timeline of 15 months.
   
• Media Monitoring Centre (Maharashtra): The project involves establishing an AI-based media monitoring centre for real-time tracking and analysis across media platforms, awarded by DGIPR, Government of Maharashtra, with a project value of Rs 9.98 crore and an execution timeline of 18 months.
   
• Project Supervision Services (Hyderabad): The project involves providing technical supervision and management for infrastructure projects under Gati Shakti initiatives, awarded by South Central Railway, Government of India, with a project value of Rs 5.07 crore and an execution timeline of 24 months.
   
• Highway DPR (Maharashtra): The project involves preparation of DPR for NH-160H and NH-347C highway sections including technical and feasibility studies, awarded by the Ministry of Road Transport & Highways (MoRTH), with a project value of Rs 2.42 crore and an execution timeline of 15 months.
   
• PMU for Municipal Services (Chandigarh): The project involves providing project management and advisory services to improve municipal performance and service delivery, awarded by Municipal Corporation Chandigarh, with a project value of Rs 2.48 crore and an execution timeline of 24 months.
   
• PMFBY Monitoring (Odisha): The project involves programme monitoring and implementation support for the Pradhan Mantri Fasal Bima Yojana (PMFBY), awarded by the Co-operation Department, Government of Odisha, with a project value of Rs 1.84 crore and an execution timeline of 24 months.
   
• Cloud-Based CCTV (Andhra Pradesh): The project involves deployment of cloud-based CCTV surveillance systems with real-time monitoring across multiple locations, awarded by Central Electronics Limited (PSU), with a project value of Rs 1.51 crore and an execution timeline of 6 months.
   
• Engineer & Auditor for Silos (Rajasthan): The project involves supervision and auditing of food grain storage silo infrastructure under DBFOO model, awarded by Food Corporation of India (FCI), with a project value of Rs 1.37 crore and an execution timeline of 27 months.
   
• PMU Financial Governance (Chhattisgarh): The project involves strengthening financial governance, audits, and compliance systems, awarded by Chhattisgarh Infotech Promotion Society, with a project value of Rs 0.83 crore and an execution timeline of 12 months.
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• GST Reform Impact Study (Maharashtra): The project involves the evaluation of GST reforms impact on the textile sector through research and analysis, awarded by the Textile Committee, with a project value of Rs 0.65 crore and an execution timeline of 3 months.
   
• Assam Green Growth Fund (AIF Setup): The project involves advisory services for setting up and managing the Assam Industrial and Green Growth Fund, awarded by Assam Infrastructure Financing Authority (AIFA), with an execution timeline of 84 months, and the value is based on the total funds raised

About Choice International Limited

Ace Investor Madhusudan Kela holds an 7.21%  per cent stake in Choice International Limited. The company is a diversified financial services and consulting firm offering services across investment Banking, wealth management, advisory, and government consultancy projects. It has a strong nationwide presence and focuses on technology-driven solutions and public sector engagements across multiple domains.

Disclaimer: The article is for informational purposes only and not investment advice.