Description
Black Box Limited lists 5,995 new equity shares issued through warrant conversion at Rs. 417 per share, effective August 21, 2025.
Summary
Black Box Limited (Scrip Code: 500463) has listed 5,995 new equity shares of Rs. 2/- each on BSE, effective August 21, 2025. These shares were issued at a premium of Rs. 415/- to non-promoters through conversion of warrants on a preferential basis.
Key Points
- 5,995 equity shares of Rs. 2/- each issued
- Issue price: Rs. 417/- per share (Rs. 2/- face value + Rs. 415/- premium)
- Issued to non-promoters on preferential basis
- Shares issued pursuant to conversion of warrants
- New shares rank pari-passu with existing equity shares
- ISIN: INE676A01027
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members informed of new securities listing
- Lock-in period compliance required until February 25, 2026
- All 5,995 shares subject to lock-in restrictions
Important Dates
- Allotment Date: July 14, 2025
- Trading Effective Date: August 21, 2025
- Lock-in Period Ends: February 25, 2026
Impact Assessment
Minimal market impact due to small issuance size. The warrant conversion adds 5,995 shares to the tradeable float, representing a minor dilution. Lock-in period until February 2026 prevents immediate trading of these shares, limiting short-term supply impact.
Impact Justification
Small equity issuance of 5,995 shares with minimal market impact