Description
BLACK BOX LIMITED lists 2,27,626 new equity shares issued at premium through warrant conversion, effective August 4, 2025.
Summary
BSE announces the listing of 2,27,626 new equity shares of BLACK BOX LIMITED (Scrip Code: 500463) issued through conversion of warrants on a preferential basis to non-promoters. The shares will commence trading from Monday, August 4, 2025.
Key Points
- 2,27,626 equity shares of Rs. 2/- each issued at premium of Rs. 415/-
- Issue price: Rs. 417/- per share
- Issued to non-promoters on preferential basis pursuant to warrant conversion
- Shares rank pari-passu with existing equity shares
- Distribution numbers: 169565751 to 169793376
- ISIN: INE676A01027
Regulatory Changes
No regulatory changes. Standard listing procedure for warrant conversion.
Compliance Requirements
- Trading members informed of new securities listing
- Shares subject to lock-in restrictions until February 15, 2026
- All 2,27,626 shares under lock-in (Dist. Nos. 169565751-169793376)
Important Dates
- Allotment Date: June 16, 2025
- Trading Commencement: August 4, 2025
- Lock-in Period Ends: February 15, 2026
Impact Assessment
Limited market impact expected due to:
- Small issue size relative to overall market
- Complete lock-in of new shares until February 2026
- Preferential issue to non-promoters with no immediate trading liquidity
- Standard warrant conversion process with no unusual terms
Impact Justification
Standard equity listing with limited market impact due to small issue size and lock-in restrictions