Black Box Limited — QIP/Rights/Pref., 09-12-2024: Allotment of Securities

Black Box Limited has approved the allotment of 4,61,626 equity shares at a face value of ₹2 each, priced at ₹417 per share (including a premium of ₹415), following the conversion of corresponding warrants. Total consideration received through this allotment amounts to ₹19.25 crore. The shares will increase the company's paid-up capital to ₹33.70 crore. The conversions were primarily made by non-promoter allottees, enhancing shareholder participation and potentially strengthening the company's capital base.