StockWatch
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IT Enabled Services
AGM/EGM28 May 2026, 11:23 pm

Black Box EGM on June 19 to approve ₹2,500 Cr fundraise

AI Summary

Black Box Limited has announced an Extra Ordinary General Meeting (EGM) to be held on Friday, June 19, 2026, at 11:00 A.M. (IST) via Video Conferencing. The EGM's primary agenda is to seek shareholders' approval for a special resolution to raise funds up to ₹2,500 Crores. This fundraising will be conducted through the issuance of various securities, in accordance with applicable provisions of the Companies Act, SEBI regulations, FEMA, and other relevant laws, subject to necessary regulatory approvals. The notice for the EGM was circulated to members on May 28, 2026.

Key Highlights

  • EGM scheduled for June 19, 2026, via Video Conferencing.
  • Shareholders to approve fundraise up to ₹2,500 Crores.
  • Funds to be raised through issuance of various securities.
  • Approval sought via a special resolution at the EGM.