Black Box Limited announced key outcomes from its board meeting held on May 26, 2026. The company approved its audited financial results for the quarter and year ended March 31, 2026. A final dividend of Rs. 1/- per Equity Share was recommended, and M/s. RMJ & Associates LLP was re-appointed as the Internal Auditor. Additionally, 1,03,950 Equity Shares were allotted under the ESOP scheme, and an enabling resolution for fundraising up to Rs. 2,500 Crores was passed.
Black Box Limited Board Meeting: Key Decisions
The Board of Directors of Black Box Limited convened on May 26, 2026, to review and approve significant company matters. Central to the meeting was the consideration and approval of the Audited Financial Results (Standalone and Consolidated) for the financial year and quarter ending March 31, 2026. The company confirmed its compliance with Regulation 33 of the SEBI (LODR) Regulations, 2015, by enclosing the audited financial results and the auditor’s report.
Dividend Recommendation and Auditor Appointment
A notable outcome was the recommendation of a final dividend of Rs. 1/- per Equity Share, with a face value of Rs. 2/-, for the financial year 2025-26. This dividend is subject to shareholder approval at the upcoming Annual General Meeting. Furthermore, M/s. RMJ & Associates LLP has been re-appointed as the Internal Auditor of the Company for the Financial Year 2026-27.
ESOP Allotment and Capital Structure Update
The board also approved the allotment of 1,03,950 Equity Shares, each with a face value of Rs. 2/-, to eligible ESOP holders upon the exercise of their options. This allotment has resulted in an increase in the company’s issued, subscribed, and paid-up capital. The total issued shares now stand at 17,75,99,205, with the paid-up capital reaching Rs. 35,51,98,410/-.
Fundraising Authority and EGM Announcement
In a strategic move to support future growth and operations, the board considered and approved general authority for raising funds. This can be achieved through various instruments including equity, debt, and convertible instruments, with a total limit not exceeding Rs. 2,500 Crores. To seek shareholder approval for this fundraising initiative, an Extra Ordinary General Meeting (EGM) has been scheduled for Friday, June 19, 2026.
Financial Performance Highlights (Year Ended March 31, 2026)
Consolidated Results
- Total Income: Rs. 6,327.83 Crores
- Total Expenses: Rs. 6,039.11 Crores
- Profit Before Tax: Rs. 239.14 Crores
- Profit After Tax (Net Profit): Rs. 217.52 Crores
- Total Comprehensive Income: Rs. 305.77 Crores
Standalone Results
- Total Income: Rs. 411.89 Crores
- Total Expenses: Rs. 389.63 Crores
- Profit Before Tax: Rs. 18.50 Crores
- Profit After Tax (Net Profit): Rs. 18.23 Crores
- Total Comprehensive Income: Rs. 17.42 Crores
The Board Meeting commenced at 01:00 P.M. and concluded at 02:45 P.M.. This information is crucial for all stakeholders, providing insights into the company’s financial health, strategic decisions, and future plans.
Source: BSE
