Fonebox Retail Limited
Fonebox Retail has executed an agreement to acquire 100% equity share capital of NWOM Retailers Private Limited. The acquisition consideration will be discharged through the issuance of Fonebox's equity shares at Rs. 85.8 per share, which is a strategic non-cash transaction.
May 22 2026 22:05:00
Fonebox Retail Limited
Fonebox Retail's Board has approved a preferential issue of 30 lakh equity shares, priced at Rs. 85.80 per share, aiming to raise Rs. 25.74 crores. This fundraise is subject to shareholder approval at an EGM scheduled for June 20, 2026.
May 22 2026 20:05:00
Fonebox Retail Limited
Fonebox Retail Limited is set to acquire NWOM Retailers Private Limited for Rs. 25.74 crore through a share swap transaction. This acquisition is expected to improve profit margins, reduce market competition, and enhance market reach.
May 22 2026 20:05:00
Fonebox Retail Limited
Fonebox Retail has acquired 100% equity shares of NWOM Retailers Private Limited for Rs. 25.74 crore, paid through a preferential issue of 30 lakh shares at Rs. 85.80 each. This acquisition is expected to boost profits, reduce competition, and improve market presence.
May 22 2026 19:05:00
Fonebox Retail Limited
Fonebox Retail has acquired 100% equity shares of NWOM Retailers Private Limited for Rs. 25.74 crore, paid through a preferential issue of 30 lakh shares at Rs. 85.80 each. This acquisition is expected to boost profits, reduce competition, and improve market presence.
May 22 2026 19:05:00
Fonebox Retail Limited
Fonebox Retail's board approved the 100% acquisition of NWOM Retailers Private Limited. The Rs. 25.74 crore transaction involves a preferential share issue to the sellers. An EGM is convened for June 20, 2026, to seek shareholder approval for this and related resolutions.
May 22 2026 19:05:00
Fonebox Retail Limited
Fonebox Retail has acquired 100% equity shares of NWOM Retailers Private Limited for Rs. 25.74 crore, paid through a preferential issue of 30 lakh shares at Rs. 85.80 each. This acquisition is expected to boost profits, reduce competition, and improve market presence.
May 22 2026 19:05:00
Fonebox Retail Limited
Fonebox Retail's Board is scheduled to meet on May 22, 2026. The agenda includes considering a proposal for fundraising through a preferential issue.
May 18 2026 19:05:00
Fonebox Retail Limited
Fonebox Retail has reached a milestone by exceeding 275 fully operational retail stores across its network. This expansion strengthens its retail footprint and aligns with strategic growth objectives to enhance market presence and accessibility in India.
Apr 29 2026 14:04:00
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