Description

BSE lists 6,46,674 new equity shares of Black Box Limited (Scrip Code 500463) for trading effective April 9, 2026, issued on preferential basis pursuant to conversion of warrants.

Summary

BSE has listed 6,46,674 new equity shares of Black Box Limited (Scrip Code: 500463) for trading on the Exchange with effect from Thursday, April 9, 2026. The shares were issued on a preferential basis to Non-Promoters pursuant to conversion of warrants at an issue price of Rs. 417/- per share (face value Rs. 2/- + premium of Rs. 415/-).

Key Points

  • Company: Black Box Limited (Scrip Code: 500463)
  • New Shares Listed: 6,46,674 equity shares of Rs. 2/- each
  • Issue Price: Rs. 417/- per share (face value Rs. 2/- + premium Rs. 415/-)
  • Issued To: Non-Promoters on a preferential basis
  • Purpose: Conversion of warrants
  • ISIN: INE676A01027
  • Distribution Numbers: 170490723 to 171137396
  • Pari-passu: New shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes. This is a routine listing notice for newly issued securities following a preferential allotment.

Compliance Requirements

  • Trading members are informed that the new securities are listed and permitted to trade from April 9, 2026.
  • Lock-in applies to all 6,46,674 shares (Dist. Nos. 170490723–171137396) until October 20, 2026.

Important Dates

  • Date of Allotment: February 28, 2026
  • Effective Trading Date: April 9, 2026
  • Lock-in Expiry: October 20, 2026

Impact Assessment

The listing of 6,46,674 new shares represents a modest expansion of Black Box Limited’s share capital. Since the shares were issued to Non-Promoters via warrant conversion at Rs. 417/-, the dilution effect is limited. All new shares are under lock-in until October 20, 2026, which restricts near-term selling pressure from these allottees. Existing shareholders should be aware of the dilution, while traders should note the increase in total tradeable float post lock-in expiry.

Impact Justification

Routine listing of new equity shares issued via preferential allotment following warrant conversion; relevant to existing shareholders and traders of Black Box Limited due to share capital expansion and lock-in details.