Black Box has announced the allotment of 47,962 equity shares, each with a face value of ₹2 and a premium of ₹415, following the conversion of warrants. This allotment increases the company’s total equity shares from 17,01,05,237 to 17,01,53,199, valued at ₹34,03,06,398. Post-allotment, 73,42,056 warrants remain outstanding for future conversion.
Equity Share Allotment
On November 12, 2025, the Board of Directors of Black Box approved the allotment of 47,962 equity shares. These shares were issued following the conversion of an equivalent number of convertible warrants.
Details of the Allotment
The allotted shares have a face value of ₹2 each and were issued at a premium of ₹415 per share. The total consideration received for this allotment is ₹2,00,00,154. The allottee is Ushma Mehta, categorized as a Non-Promoter.
Impact on Share Capital
Following this allotment, the issued, subscribed, and paid-up capital of Black Box has increased. The details are as follows:
From: 17,01,05,237 Equity Shares of ₹2 each, aggregating to ₹34,02,10,474
To: 17,01,53,199 Equity Shares of ₹2 each, aggregating to ₹34,03,06,398
The newly allotted shares rank equally with the existing equity shares of the company.
Outstanding Warrants
After the current allotment, a total of 73,42,056 warrants remain outstanding and are eligible for conversion as of November 12, 2025.
Shareholding Pattern
Prior to the allotment, Ushma Mehta held 3,36,356 shares, representing 0.20% of the company’s shareholding. Post-allotment, Ushma Mehta now holds 3,84,318 shares, representing 0.23% of the company’s shareholding.
Source: BSE
