South Korea’s NH Investment and Securities (NHIS/NH Investment) plans to invest ₹900 crore in Choice International’s broking arm, Choice Equity Broking. Multiple reports say the funding is intended to support expansion and business development in brokerage and wealth management activities. According to the outlets, the investment is structured through compulsorily convertible preference shares, with NH investing in Choice Equity Broking via Compulsorily Convertible Preference Shares. The company behind Choice International’s broking arm, Choice International, is described as the recipient of the investment for its broking and wealth management operations. The Business Line report adds that the capital will be used for margin trading expansion, technology upgrades, customer acquisition efforts, and development of new products. Economic Times and Business Standard similarly frame the transaction as a capital infusion into Choice Equity Broking to back its growth plans. The reports do not specify deal timelines or regulatory approvals in the provided summaries. Overall, all sources agree on the investment value, the parties involved, the focus on brokerage expansion, and the use of compulsorily convertible preference shares as the transaction instrument.