Black Box has announced the allotment of 71,944 equity shares, each with a face value of ₹2, at a premium of ₹415 per share, following the conversion of warrants. This allotment increases the company’s issued and paid-up capital and was approved via circular resolution on December 17, 2025. After this allotment, 71,42,211 warrants remain outstanding for conversion.
Equity Share Allotment Details
Black Box has completed the allotment of 71,944 equity shares following the conversion of warrants. Each equity share has a face value of ₹2 and was issued at a premium of ₹415 per share. This decision was formalized through a circular resolution on December 17, 2025.
Impact on Capital Structure
As a result of this allotment, the issued, subscribed, and paid-up capital of the company has increased. The details are as follows:
- Previous: 17,02,81,100 Equity Shares of ₹2 each, totaling ₹34,05,62,200
- Current: 17,03,53,044 Equity Shares of ₹2 each, totaling ₹34,07,06,088
The newly allotted shares rank equally with the existing equity shares of the company.
Remaining Warrants
Following the current allotment, a total of 71,42,211 warrants remain outstanding for future conversion.
Details of Allotment
The allotment was made to Ushma Mehta, a Non-Promoter, who converted 71,944 warrants.
Consideration Received
The total consideration received for the allotment is ₹3,00,00,648.
Source: BSE