Black Box Limited has designated Mr. Paul Williams as Senior Management Personnel (SMP), effective May 26, 2026. The company disclosed this appointment under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mr. Williams, who serves as the Head of the TPS Business, brings over 30 years of global leadership experience across the technology and consumer products sectors. His previous roles include strategic transformation initiatives at organizations such as Nice Group, GE, Control4, Harman, and Phobos/SonicWall.

In his new role, Mr. Williams is tasked with scaling the TPS division by expanding market reach, accelerating research and development initiatives, and strengthening the product and solutions portfolio. The company stated that his expertise spans smart home solutions, Internet of Things (IoT), Software-as-a-Service (SaaS), and digital transformation.

The disclosure was made pursuant to Regulation 30 read with Para A(7) of Part A of Schedule III of the SEBI Listing Regulations and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Appointment Details

Black Box closed FY26 on a strong note, reporting an order backlog of nearly $792 million—a 57% increase year over year—signaling robust revenue visibility and a promising start to FY27. The company also crossed a significant milestone by achieving over $1 billion in order bookings for the full fiscal year, reflecting sustained customer demand and a well-established market position.

Strong Order Backlog Drives Revenue Visibility

The near-$792 million order backlog at the end of FY26 represents a substantial year-over-year improvement of 57%, providing the company with a strong pipeline of future revenues. This level of backlog growth indicates that customer engagements have deepened considerably over the course of the fiscal year. The company's management noted that this backlog sets the stage for a solid start to FY27.

The following table summarizes the key order-related metrics for FY26:

$1 Billion in Order Bookings Reflects Market Strength

Surpassing $1 billion in order bookings for FY26 is a notable achievement that highlights the company's strong customer ties and competitive positioning. This milestone underscores the company's ability to secure large-scale engagements across its target markets. Management indicated that these bookings are expected to have a meaningful impact on future revenues.

CEO Cites AI and Modernization as Growth Drivers

Black Box's CEO highlighted the company's strong positioning for long-term growth, attributing it to strategic investments in artificial intelligence and modernization initiatives. These investments are seen as key differentiators that enhance the company's service offerings and operational capabilities. The CEO's commentary points to a deliberate focus on technology-driven value creation as a core element of the company's growth strategy.

Key Highlights

• Order backlog of nearly $792 million at end of FY26, up 57% year over year
• Order bookings exceeded $1 billion for FY26
• Strong revenue visibility heading into FY27
• CEO cited AI and modernization investments as drivers of long-term positioning
• Robust customer relationships and solid market position underpinning future revenue impact