ALPHA TRIBE

Black Box LimitedQIP/Rights/Pref., 17-01-2025: Allotment of Securities

17-01-2025 | 10:39 am

Black Box Limited has approved the allotment of 1,64,987 equity shares following the conversion of warrants. These shares, with a face value of ₹2 each, have a premium of ₹415 per share, resulting in a total issuance price of ₹417 per share. The conversion generated a total consideration of approximately ₹6.88 crore. Notable allotments include 1,19,808 shares to Hawk Capital Private Limited and 25,179 shares to Sanjana Khurana. Post-allotment, the company's paid-up capital has risen, bringing the total issued capital to 16,93,46,882 shares. There are still 79,93,423 warrants outstanding for future conversion.

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