Description
BLACK BOX LIMITED lists 1,27,901 new equity shares issued on preferential basis pursuant to warrant conversion, trading from January 16, 2026.
Summary
BSE announces the listing of 1,27,901 new equity shares of BLACK BOX LIMITED (Scrip Code: 500463) issued on a preferential basis to non-promoters pursuant to warrant conversion. The shares will commence trading from Friday, January 16, 2026, and are subject to lock-in until July 25, 2026.
Key Points
- 1,27,901 equity shares of face value Rs. 2/- each issued at Rs. 415/- premium
- Allotment made to non-promoters on preferential basis through warrant conversion
- Issue price: Rs. 417.00 per share
- Distinctive Numbers: 170153200 to 170281100
- Date of Allotment: November 27, 2025
- New shares rank pari-passu with existing equity shares
- ISIN: INE676A01027
Regulatory Changes
No regulatory changes announced. This is a standard listing notification for preferential allotment.
Compliance Requirements
- Trading members must note the new securities for BLACK BOX LIMITED
- Lock-in restrictions must be observed until the specified date
- All 1,27,901 shares are subject to lock-in provisions
Important Dates
- Notice Date: January 14, 2026
- Date of Allotment: November 27, 2025
- Trading Commencement: Friday, January 16, 2026
- Lock-in Period Ends: July 25, 2026
Impact Assessment
Market Impact: Low - This is a relatively small preferential issue affecting a single company. The addition of 1.28 lakh shares represents dilution for existing shareholders but is routine corporate action.
Operational Impact: Minimal - Trading members need to update their systems to reflect the increased share capital and distinctive number ranges. The lock-in restriction limits immediate trading activity for these specific shares.
Investor Impact: Moderate for BLACK BOX LIMITED shareholders due to equity dilution from warrant conversion. Non-promoter investors who received the allotment cannot trade these shares until the lock-in expires in July 2026.
Impact Justification
Routine preferential issue for single company with small allotment size (1.28 lakh shares). Limited market-wide impact, primarily affects BLACK BOX LIMITED shareholders and warrant holders.