Description

BLACK BOX LIMITED (Scrip Code: 500463) lists 47,962 equity shares of Rs. 2/- each issued at Rs. 415/- premium to Non-Promoter on preferential basis pursuant to conversion of warrants, effective December 18, 2025.

Summary

BSE has announced the listing of 47,962 new equity shares of BLACK BOX LIMITED (Scrip Code: 500463) effective from December 18, 2025. These shares were issued at a premium of Rs. 415/- per share (face value Rs. 2/-) to Non-Promoter entities on a preferential basis pursuant to conversion of warrants. The newly listed shares rank pari-passu with existing equity shares and are subject to a lock-in period.

Key Points

  • Company: BLACK BOX LIMITED (Scrip Code: 500463)
  • Number of Shares: 47,962 equity shares
  • Face Value: Rs. 2/- per share
  • Premium: Rs. 415/- per share
  • Issue Price: Rs. 417/- per share
  • Allottee: Non-Promoter (preferential basis)
  • Reason: Conversion of warrants
  • Date of Allotment: November 12, 2025
  • Trading Commencement: December 18, 2025
  • ISIN: INE676A01027
  • Distinctive Numbers: 170105238 to 170153199
  • Ranking: Pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification following SEBI guidelines for preferential allotment and warrant conversion.

Compliance Requirements

  • Trading Members: Informed to note the listing of new securities for trading purposes
  • Lock-in Compliance: All 47,962 shares (Dist. Nos. 170105238 to 170153199) are subject to mandatory lock-in until June 30, 2026
  • Disclosure: Company must comply with standard listing agreement provisions for preferential allotments

Important Dates

  • Date of Allotment: November 12, 2025
  • Trading Commencement: December 18, 2025 (Thursday)
  • Lock-in Expiry: June 30, 2026
  • Circular Date: December 17, 2025

Impact Assessment

Market Impact: Minimal. The issuance of 47,962 shares represents a relatively small addition to the existing equity base of BLACK BOX LIMITED. The lock-in period until June 30, 2026 ensures these shares will not create immediate selling pressure.

Shareholder Impact: Marginal dilution for existing shareholders. The shares were issued to Non-Promoter entities through warrant conversion, indicating prior capital raising activity.

Liquidity Impact: Negligible immediate impact on trading volumes or liquidity given the small quantity and lock-in restrictions preventing immediate trading by allottees.

Price Impact: Not expected to materially affect stock price given the limited quantity and controlled release through lock-in provisions.

Impact Justification

Routine listing of a small number of equity shares (47,962) from warrant conversion with minimal market impact given the limited quantity and lock-in period until June 30, 2026.