Black box Limited has submitted its quarterly regulatory certificate to stock exchanges, maintaining compliance with SEBI depositories regulations. The submission demonstrates the company's adherence to mandatory regulatory requirements for publicly listed entities.

Regulatory Compliance Submission

The company submitted its certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. Company Secretary & Compliance Officer Aditya Goswami made the submission to both major Indian stock exchanges on April 9, 2026.

Certificate Details and Confirmations

Datamatics Business Solution Limited, serving as the company's Registrar & Share Transfer Agent, issued the certificate on April 7, 2026. The certificate provides specific confirmations regarding the company's compliance with dematerialization requirements during the reporting quarter.

The RTA confirmed two key compliance aspects:

• Securities received for dematerialization during the quarter are properly listed on BSE Limited and National Stock Exchange of India Limited
• All certificates have been mutilated and cancelled after verification, with the depository name substituted as registered owner within the required 15-day timeframe

Corporate Information

Black Box Limited operates from its registered office at Airoli Knowledge Park in Navi Mumbai. The company maintains its listing on both major Indian exchanges with scrip codes BSE: 500463 and NSE: BBOX. This quarterly submission ensures continued regulatory compliance and maintains transparency with all stakeholders in the Indian capital markets.

Black Box Limited has successfully completed its preferential issue program, raising ₹386.36 crore through the conversion of 92,65,215 warrants into equity shares. The company announced the completion on March 30, 2026, marking the successful conclusion of the warrant conversion process initiated in September 2024.

Warrant Conversion Overview

The conversion involved all warrant holders exercising their rights in full, with no forfeiture or withdrawal. The warrants were converted at an issue price of ₹417 per share, demonstrating strong investor confidence despite volatile market conditions.

Promoter Participation and Shareholding

Promoters demonstrated strong commitment by participating meaningfully in the issue, contributing ₹200 crore, which represents 51.76% of the total capital infusion. Following the conversion, promoter shareholding stands at 69.99%, underscoring their long-term commitment and alignment with shareholders.

Management Commentary

Sanjeev Verma, Chief Executive Officer, expressed satisfaction with the successful completion, stating that the ₹386 crore infusion strengthens the balance sheet and provides flexibility to accelerate growth initiatives. The company remains focused on scaling digital infrastructure capabilities and expanding market presence.

Deepak Bansal, Chief Financial Officer, highlighted that the capital enhances the company's ability to invest in priority growth areas while maintaining disciplined capital allocation and operational efficiency.

Strategic Impact

The timely and complete conversion reflects strong confidence in Black Box's business fundamentals, growth strategy, and execution capabilities. The capital raise positions the company to capitalize on emerging opportunities across its global markets while delivering consistent value to customers and shareholders.

Black Box Limited operates as a global digital infrastructure integrator, delivering network and system integration services across the United States, Europe, India, Asia Pacific, Middle East, and Latin America, with approximately 4,000 professionals globally.