Black Box Limited has announced the allotment of 1,03,950 equity shares under its Employee Stock Option Scheme (ESOP). The shares, each with a face value of Rs. 2/-, were issued upon the exercise of ESOP options by eligible holders. This allotment has resulted in an increase in the company’s issued and paid-up capital, reflecting its commitment to employee incentives and shareholder value. The exercise price was Rs. 85/- per share.
ESOP Share Allotment Announced
Black Box Limited, on May 26, 2026, announced a significant allotment of equity shares under its Employee Stock Option Scheme (ESOP). The Board of Directors considered and approved the issuance of 1,03,950 equity shares, each with a face value of Rs. 2/-. These shares were granted to eligible ESOP holders who exercised their options, a move that underscores the company’s strategy to align employee interests with those of its shareholders.
Impact on Issued Capital
This latest allotment has led to an increase in Black Box Limited’s issued, subscribed, and paid-up capital. Prior to this allotment, the company had 17,74,95,255 equity shares aggregating to Rs. 35,49,90,510/-. Post-allotment, the total number of equity shares stands at 17,75,99,205, with an aggregate value of Rs. 35,51,98,410/-. The shares were issued at an exercise price of Rs. 85/- per share and a premium of Rs. 83/- per share.
Scheme Details
The shares issued are part of the “AGC Networks Employee Stock Option Scheme 2015”. These are equity shares with a face value of Rs. 2/- per equity share. The allotment date was May 26, 2026. The shares are in dematerialized form and carry the ISIN number INE676A01027. The company confirmed that these shares are identical in all respects to the existing shares.
Source: BSE
