Description

BLACK BOX LIMITED has listed 71,944 equity shares issued at Rs. 417/- on preferential basis pursuant to conversion of warrants, effective January 29, 2026.

Summary

BLACK BOX LIMITED (Scrip Code: 500463) has listed 71,944 new equity shares of Rs. 2/- each on BSE, effective January 29, 2026. These shares were issued at a premium of Rs. 415/- (total issue price Rs. 417/-) to non-promoters on a preferential basis pursuant to conversion of warrants. The shares rank pari-passu with existing equity shares and are subject to lock-in until August 5, 2026.

Key Points

  • 71,944 equity shares of face value Rs. 2/- each listed
  • Issue price: Rs. 417/- per share (Rs. 2/- face value + Rs. 415/- premium)
  • Issued to non-promoters on preferential basis
  • Allotment completed pursuant to warrant conversion
  • Distribution numbers: 170281101 to 170353044
  • Shares rank pari-passu with existing equity shares
  • ISIN: INE676A01027

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members must note the listing of new securities
  • Lock-in period of all 71,944 shares applies until August 5, 2026
  • Shares cannot be transferred or sold during the lock-in period

Important Dates

  • Notice Date: January 28, 2026
  • Date of Allotment: December 17, 2025
  • Trading Commencement: January 29, 2026
  • Lock-in Expiry: August 5, 2026

Impact Assessment

Market Impact: Low - The listing involves a relatively small number of shares (71,944) issued through warrant conversion. This represents routine capital raising activity with minimal dilution impact.

Investor Impact: Low - Existing shareholders experience negligible dilution. Non-promoter investors who converted warrants now have tradeable shares subject to lock-in restrictions.

Trading Impact: Minimal - The lock-in period until August 5, 2026 means these shares will not be available for trading in the near term, limiting immediate market supply impact.

Impact Justification

Routine listing of new securities from warrant conversion with minimal market impact due to small number of shares relative to typical market volumes