Black Box Limited has announced its participation in a virtual investor conference scheduled for March 24, 2026. The company has informed both the Bombay Stock Exchange and National Stock Exchange about this upcoming engagement as part of its regulatory disclosure obligations.

Conference Details

The investor meeting has been organized by PhillipCapital PCG and will be conducted in virtual mode. The conference details are structured as follows:

Regulatory Compliance

The company has made this disclosure pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Black Box Limited has emphasized that all discussions during the investor conference will be based exclusively on publicly available information.

Information Sharing Guidelines

The company has clearly stated that no unpublished price sensitive information (UPSI) is intended to be discussed during the interactions with analysts and institutional investors. This approach ensures compliance with regulatory requirements and maintains transparency in investor communications.

Operational Flexibility

Black Box Limited has noted that changes to the schedule may occur due to exigencies on the part of participants or the company. The disclosure was signed by Aditya Goswami, Company Secretary & Compliance Officer, on March 19, 2026.

This investor conference represents part of the company's ongoing engagement with the investment community and analysts to maintain transparent communication channels while adhering to regulatory frameworks.

Black Box Limited has completed the allotment of 51,09,612 equity shares through warrant conversion, marking a significant capital raising exercise. The Board approved this allotment on March 18, 2026, following the receipt of balance consideration from warrant holders who opted to convert their warrants into equity shares.

Warrant Conversion Details

The conversion involved five investors who collectively held 58,24,287 convertible warrants and chose to convert 51,09,612 warrants into equity shares. The warrants were originally allotted on September 27, 2024, at Rs. 417 per warrant with an 18-month conversion window.

Share Allotment and Consideration

The equity shares were allotted at Rs. 417 per share, comprising a face value of Rs. 2 and a premium of Rs. 415 per share. The total consideration received from all investors amounted to Rs. 2,13,07,08,204, which includes both the initial 25% payment made during warrant allotment and the balance 75% received during conversion.

Impact on Share Capital

The allotment has resulted in an increase in the company's issued, subscribed and paid-up capital. The shareholding structure shows Essar Telecom Limited strengthening its promoter position.

Shareholding Changes

The conversion has led to changes in the shareholding pattern of key investors. Essar Telecom Limited's holding increased from 70.06% to 70.50%, while other investors maintained or slightly increased their respective stakes.

Outstanding Warrants

Following this conversion, 12,48,247 warrants remain outstanding and available for conversion by the original warrant holders. The newly allotted shares will rank pari passu with the existing equity shares of the company, providing equal rights and privileges to all shareholders.