Fonebox Retail Allots 30 Lakh Shares For NWOM Retailers Acquisition

Board allotted 30 lakh shares at Rs85.80 (Rs25.74 Cr) on preferential basis to Pankaj Vasudeva, Dhrumil Shah, Rajesh Shah as non-cash consideration for acquisition of NWOM Retailers Pvt Ltd shares. First share-swap deal since IPO; earlier growth was franchise-led Gujarat rollout. Material dilution with two new promoter holders, shifting clean balance sheet to equity-funded inorganic growth. Adds dilution and integration risk; NWOM business, stake, valuation and related-party status undisclosed. Listing approval pending; watch inventory and franchise-deposit strain from added scale.