Black Box Limited and AIONOS announced a strategic alliance on June 1, 2026, designed to accelerate AI transformation for enterprises by integrating digital infrastructure with applied AI platforms. The partnership aims to help organizations build, deploy, and manage AI with security and resilience embedded at every layer, driving measurable business outcomes such as productivity improvements and cost optimization.

Alliance Overview

The alliance combines Black Box's expertise in digital infrastructure—including data centers, network connectivity, and managed services—with AIONOS's domain-led AI solutions. This integration enables enterprises to move from AI ambition to AI at scale, covering the entire technology stack from the physical layer to the AI application layer.

Leadership Perspectives

CP Gurnani, Co-Founder & Vice Chairman of AIONOS, highlighted that the alliance leverages Black Box's digital infrastructure engine spanning 35+ countries. He noted that the collaboration covers the full journey from infrastructure to the AI application layer, positioning the partnership to capitalize on India's role in building and exporting intelligent technology.

Sanjeev Verma, President & CEO of Black Box, emphasized that AI transformation requires a strong digital foundation. He stated that combining Black Box's mission-critical infrastructure with AIONOS's applied AI platforms allows organizations to connect infrastructure, operations, and intelligence to create measurable business value.

Simmi Dhamija, Chief Operating Officer of AIONOS, added that the partnership provides enterprises with a single, accountable ownership of the transformation journey. She noted that AIONOS contributes the AI platform and vertical intelligence, while Black Box provides global infrastructure and delivery scale.

Go-to-Market Strategy

The companies will jointly develop industry-focused solutions and expand go-to-market opportunities across India, North America, EMEA, and APAC. A key focus area in India will be the Global Capability Centre (GCC) ecosystem, where the alliance aims to help build AI-ready infrastructure and deploy enterprise-grade AI solutions.

Black Box Limited has submitted newspaper advertisement clippings to the stock exchanges confirming the circulation of the Notice for its Extra Ordinary General Meeting (EGM) scheduled on June 19, 2026. The meeting, to be held via video conferencing at 11:00 AM IST, seeks shareholder approval to raise funds up to ₹2,500 crore through the issuance of various securities.

The Board of Directors aims to utilize the proposed capital to support organic and inorganic growth initiatives, including capacity expansion and investments in AI-led technologies and digital infrastructure. The funds may be used for augmenting long-term capital resources, funding expansion plans, strengthening market position, and for general corporate purposes. The company expects these initiatives to align with its strategic vision of scaling operations to achieve revenues of approximately US$2 billion in the coming years.

Agenda for the EGM

The EGM will transact the following special business:

Fund Raising Approval

Shareholders will consider a special resolution to approve the raising of funds up to ₹2,500 crore. This authorization encompasses the issuance of equity shares, fully or partly convertible debentures, preference shares, Global Depository Receipts (GDRs), American Depository Receipts (ADRs), Foreign Currency Convertible Bonds (FCCBs), and other financial instruments. The securities may be issued through public offers, private placements, Qualified Institutions Placement (QIP), or preferential allotment in one or more tranches.

Borrowing Limits Enhancement

The company seeks approval to enhance its borrowing limits from the existing ₹1,000 crore to ₹2,500 crore. This increase is intended to meet present and future financial requirements for business operations, capital expenditure, strategic initiatives, acquisitions, and working capital needs.

Authorization for Security Interests

Shareholders will vote on a resolution to authorize the Board to create security interests over the company's undertaking or substantially the whole of its undertaking. This authorization is required to secure borrowings availed or to be availed by the company from banks, financial institutions, or other lending agencies.

Key Meeting Details

The facility for remote e-voting will be provided by National Securities Depository Limited (NSDL). Members whose names appear in the Register of Members as on the cut-off date of June 12, 2026, are eligible to cast their votes. The scrutinizer for the e-voting process is M/s. S. K. Jain & Co, Practising Company Secretary.