Fonebox Retail promoters hold 73.41% stake in FY26
Fonebox Retail disclosed that its promoters and promoter group held 75,32,000 equity shares, representing 73.41% of the total paid-up equity share capital as on March 31, 2026. Amitkumar G. Patel confirmed that no shares were encumbered during the financial year ended March 31, 2026.

*this image is generated using AI for illustrative purposes only.
Fonebox Retail disclosed that its promoters and promoter group collectively held 73.41% of the total paid-up equity share capital as on March 31, 2026. The filing confirms that the group held 75,32,000 equity shares and that no shares were encumbered during the financial year ended March 31, 2026.
The disclosure was submitted by Amitkumar G. Patel, a promoter and representative of the promoters and promoter group, to the National Stock Exchange of India. The submission was made in compliance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Shareholding Breakdown
The detailed shareholding pattern indicates that Manishbhai Girishbhai Patel holds the largest individual stake among the promoters at 17.91%. The promoter group includes several members with smaller holdings, contributing to the aggregate promoter and promoter group holding of 73.41%.
| Name | Category | Shares Held | % of Total Capital |
|---|---|---|---|
| Manishbhai Girishbhai Patel | Promoter | 18,37,500 | 17.91 |
| Jigar Lallubhai Desai | Promoter | 12,36,750 | 12.05 |
| Parth Lallubhai Desai | Promoter | 12,36,750 | 12.05 |
| Jigneshkumar Dashrathlal Parekh | Promoter | 2,94,000 | 2.87 |
| Amitkumar Gopalbhai Patel | Promoter | 2,75,625 | 2.69 |
| Vijay Lalsingh Yadav | Promoter Group | 3,67,500 | 3.58 |
| Chandresh Dashrathbharthi Swami | Promoter Group | 3,21,566 | 3.13 |
| Krunal Bhagvanbhai Patel | Promoter Group | 3,21,559 | 3.13 |
| Arvindkumar Ranchhodbhai Patel | Promoter Group | 2,94,000 | 2.87 |
| Somesh Chandreshkumar Patani | Promoter Group | 1,83,750 | 1.79 |
| Rajnikant Jayantilal Barot | Promoter Group | 1,83,750 | 1.79 |
| Pranav Rajnikant Patel | Promoter Group | 1,83,750 | 1.79 |
| Harshkumar Bhupendrabhai Kotak | Promoter Group | 1,83,750 | 1.79 |
| Arti Sanjeev Kumar | Promoter Group | 1,83,750 | 1.79 |
| Dhrumil Dineshbhai Patel | Promoter Group | 1,47,000 | 1.43 |
| Dhaval Dineshkumar Patel | Promoter Group | 1,47,000 | 1.43 |
| Rushi Manishkumar Patel | Promoter Group | 95,000 | 0.93 |
| Lallubhai Arjanbhai Desai | Promoter Group | 18,000 | 0.18 |
| Bhagwatiben Lallubhai Desai | Promoter Group | 21,000 | 0.20 |
| Total | 75,32,000 | 73.41 |
The declaration, signed on April 6, 2026, affirmed that the information provided is true and correct. The filing was submitted by Krusha Harshadbhai Chhatbar, Company Secretary & Compliance Officer of Fonebox Retail.
Historical Stock Returns for Fonebox Retail
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | -4.73% | -16.67% | -18.99% | -14.96% | -65.48% |
Does the high promoter concentration of 73.41% suggest potential plans for delisting or a reduction of stake to increase public float?
With no shares encumbered, is the promoter group considering pledging holdings to raise capital for future expansion?
How might the fragmented nature of the promoter group holdings impact succession planning and decision-making stability?


























