Black Box Limited — Others, 14-08-2025: Monitoring Agency Report
14-08-2025 | 04:08 pm
14-08-2025 | 04:08 pm
Black Box Limited's Monitoring Agency Report for the quarter ended June 30 details the utilization of proceeds from its preferential issue. The company raised Rs. 386.36 Cr through warrants, revised from an initial Rs. 410 Cr. These funds are earmarked for investment in subsidiaries (Rs. 241.36 Cr), general corporate purposes (Rs. 45.00 Cr), and working capital (Rs. 100.00 Cr) following a revised allocation. While Rs. 148.74 Cr has been received to date, no additional funds were utilized during this specific quarter. Total utilized funds stand at Rs. 120.79 Cr, with the unutilized Rs. 27.95 Cr securely held in fixed deposits. The report confirms no deviations from the approved usage plan.
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