fonebox retail disclosed related party transactions worth ₹6,107.92 lakh for the half year ended March 31, 2026. The filing, submitted to the National Stock Exchange of India Limited on May 30, 2026, details transactions with key managerial personnel, directors, and associated entities as required under Regulation 23(9) of the SEBI Listing Regulations.

The transactions encompass sales and purchases of goods and services, rent, remuneration, and sitting fees. Significant counterparties include Paradise Marcom Pvt Ltd, linked to Director & CFO Parth Lallubhai Desai, and Phonewale Limited, associated with Directors Manishbhai Girishbhai Patel and Amitkumar Gopalbhai Patel. The company also recorded transactions with V9 Gadgets LLP and Bandhan Foods Pvt. Ltd.

Remuneration and sitting fees were paid to key management personnel and independent directors. Amitbhai Patel, Managing Director, received ₹7.50 lakh, while Executive Directors Manishbhai G Patel and Parthbhai L Desai received ₹7.50 lakh each. Independent Directors Ayushi K Shah, Bhavisha Kunal Chauhan, and Jaykumar Deepak Khatnani were paid sitting fees of ₹0.17 lakh each.

Rent transactions were recorded with various parties, including promoters and directors. Jigar Desai, a director relative and promoter, accounted for ₹2.03 lakh, while Manishbhai G Patel recorded ₹3.24 lakh. Rent deposits and loan repayments were also part of the disclosed activities, with Krusha H Chhatbar, Company Secretary, repaying a loan of ₹0.52 lakh.

The table below summarizes the key related party transactions for the reporting period:

The disclosure was signed by Krusha Harshadbhai Chhatbar, Company Secretary & Compliance Officer, and submitted for the exchange's information and record.

fonebox retail has reappointed its internal and tax auditors for the financial year 2026-27 following a board meeting on May 30, 2026. The decisions, based on the Audit Committee's recommendations, ensure continued oversight of the company's financial reporting and compliance systems as mandated under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board approved the re-appointment of M/s. Tatosaniya & Co LLP as the Internal Auditor. The firm, a peer-reviewed entity practicing since 2013, specializes in taxation, audit, RERA, and project financing. Its appointment for FY 2026-27 is intended to maintain the integrity of the company's internal controls and risk management frameworks.

Additionally, the Board re-appointed M/s. R K Kotadiya & Co LLP as the Tax Auditor for the same period. With over 13 years of experience in audit and assurance, taxation, and management consulting, the firm will oversee the company's tax compliance and statutory audit requirements. The firm is also qualified to conduct attestations under GST audits.

The meeting, which commenced at 4.00 p.m. and concluded at 6.00 p.m. on May 30, 2026, also addressed procedural disclosures required by the market regulator. The detailed profiles of the appointed auditors have been made available on the company's website.

Auditor Appointment Details