Description
Black Box Limited has listed 25,000 equity shares of Rs. 2/- each issued at a premium of Rs. 415/- on preferential basis pursuant to conversion of warrants, effective October 13, 2025.
Summary
Black Box Limited (Scrip Code: 500463) has listed 25,000 equity shares of Rs. 2/- each, issued at a premium of Rs. 415/- to non-promoters on a preferential basis pursuant to conversion of warrants. The shares are permitted to trade on BSE with effect from Monday, October 13, 2025, and rank pari-passu with existing equity shares.
Key Points
- 25,000 equity shares of Rs. 2/- each issued at premium of Rs. 415/-
- Issue price: Rs. 417.00 per share
- Issued to non-promoters on preferential basis
- Shares issued pursuant to conversion of warrants
- New shares rank pari-passu with existing equity shares
- Distinctive Numbers: 169987511 to 170012510
- ISIN: INE676A01027
- Date of Allotment: September 5, 2025
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must note the listing of new securities
- Lock-in period applicable on all 25,000 shares until April 25, 2026
- Shares subject to lock-in restrictions for Distinctive Numbers 169987511 to 170012510
Important Dates
- Date of Allotment: September 5, 2025
- Trading Commencement: Monday, October 13, 2025
- Lock-in Expiry: April 25, 2026
- Circular Date: October 10, 2025
Impact Assessment
The listing has minimal market impact as it involves only 25,000 shares issued through warrant conversion on a preferential basis to non-promoters. The shares are subject to lock-in until April 25, 2026, preventing immediate trading of these securities. This is a routine corporate action with limited effect on overall market liquidity or trading activity for Black Box Limited.
Impact Justification
Routine listing of small number of shares (25,000) from warrant conversion with minimal market impact