Mumbai, March 30, 2026 – Black Box Limited (BSE: 500463 | NSE: BBOX), a leading global digital infrastructure solutions provider, today announced the successful receipt of ₹386.36 crore pursuant to the conversion of warrants issued on September 27, 2024.
The Company has converted 92,65,215 warrants into equity shares at an issue price of ₹417 per share. All warrant holders have exercised their rights in full, with no forfeiture or withdrawal.
The timely and complete conversion—despite a volatile equity market environment—reflects strong investors and promoter confidence in Black Box’s business fundamentals, growth strategy, and execution capabilities.
Promoters participated meaningfully in the issue, contributing ₹200 crore, representing 51.76% of the total infusion. Following the conversion, promoter shareholding stands at 69.99%, underscoring continued long-term commitment and alignment with all shareholders.
“We are pleased to announce the successful completion of this capital raise, with full participation from both promoters and investors. The infusion of ₹386 crore strengthens our balance sheet and provides additional flexibility to accelerate our growth agenda. We remain focused on scaling our digital infrastructure capabilities, expanding our market presence, and delivering consistent value to our customers and shareholders.”
“We thank our investors for their continued trust and support. This capital enhances our ability to invest in priority growth areas while maintaining a disciplined approach to capital allocation, operational efficiency, and returns. We are well positioned to capitalize on emerging opportunities across our markets.”
Black Box (BSE: 500463/NSE: BBOX) is a global leader in digital infrastructure solutions, delivering network and system integration, managed services, and technology products to Fortune 100 and top global enterprises. With a presence across the United States, Europe, India, Asia Pacific, the Middle East, and Latin America, Black Box serves businesses across financial services, technology, healthcare, retail, public services, and manufacturing.
Supported by a global team of around 3,600 professionals and strategic partnerships with leading technology providers, Black Box delivers end-to-end solutions in network integration, digital connectivity infrastructure, data center buildouts, modern workplace solutions, and cybersecurity. Its Technology Products portfolio enhances business operations with cutting-edge solutions in AV, IoT, KVM, Networking, Infrastructure, and Cables.
Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential and target dates for project related issues are forward-looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results. Actual results may differ materially from those anticipated in the forward-looking statements. The company assumes no obligation to update forward-looking statements to reflect actual results, changed assumptions or other factors.
