Description
Black Box Limited lists 1,27,901 new equity shares issued at Rs. 417 per share to non-promoters pursuant to warrant conversion, with trading commencing January 16, 2026.
Summary
Black Box Limited (Scrip Code: 500463) has listed 1,27,901 new equity shares of Rs. 2/- each on BSE, issued at a premium of Rs. 415/- per share to non-promoters on a preferential basis pursuant to conversion of warrants. The shares will commence trading from Friday, January 16, 2026, and are subject to lock-in until July 25, 2026.
Key Points
- Total shares listed: 1,27,901 equity shares of Rs. 2/- each
- Issue price: Rs. 417.00 per share (Rs. 2 face value + Rs. 415 premium)
- Allotment date: November 27, 2025
- Trading commencement: January 16, 2026
- ISIN: INE676A01027
- Distinctive numbers: 170153200 to 170281100
- New shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must note the listing of new securities
- Lock-in period must be observed for all 1,27,901 shares until July 25, 2026
- Shares issued to non-promoters on preferential basis following warrant conversion
Important Dates
- Allotment Date: November 27, 2025
- Trading Commencement: January 16, 2026 (Friday)
- Lock-in Expiry: July 25, 2026
- Circular Date: January 14, 2026
Impact Assessment
Minimal market impact expected. The issuance represents a small preferential allotment to non-promoters through warrant conversion. The lock-in period until July 25, 2026, ensures these shares cannot be sold immediately, preventing any sudden supply pressure. The shares rank equally with existing equity shares in terms of voting rights and dividends.
Impact Justification
Routine listing of relatively small number of shares (1.27 lakh) from warrant conversion with standard lock-in provisions. Limited market impact expected.