Description
Listing and trading of 60,752 new equity shares of Black Box Limited issued on preferential basis pursuant to conversion of warrants, effective November 28, 2025.
Summary
BSE has approved the listing of 60,752 new equity shares of Black Box Limited (Scrip Code: 500463) issued on a preferential basis to non-promoters pursuant to conversion of warrants. These shares will be available for trading from Friday, November 28, 2025, and are subject to lock-in until June 10, 2026.
Key Points
- 60,752 equity shares of Rs. 2/- each issued at a premium of Rs. 415/-
- Total issue price: Rs. 417/- per share
- Issued to non-promoters on preferential basis
- Shares issued pursuant to warrant conversion
- New shares rank pari-passu with existing equity shares
- Distribution Numbers: 170044486 to 170105237
- ISIN: INE676A01027
- Date of allotment: October 18, 2025
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members must note the listing of new securities
- Lock-in period applies to all 60,752 shares until June 10, 2026
- Shares cannot be transferred or sold during the lock-in period
Important Dates
- Allotment Date: October 18, 2025
- Trading Commencement: November 28, 2025
- Lock-in Period Ends: June 10, 2026
Impact Assessment
Minimal market impact expected. The number of shares (60,752) represents a relatively small addition to Black Box Limited’s equity capital. The shares are subject to lock-in until June 10, 2026, preventing immediate sale pressure. This is a routine preferential allotment following warrant conversion and does not indicate any significant corporate action or market development.
Impact Justification
Routine listing of small number of equity shares from warrant conversion with limited market impact