Investment28 Feb 2026, 02:34 pm
Black Box Ltd Allots 6,46,674 Equity Shares Following Warrant Conversion
AI Summary
Black Box Ltd has allotted 6,46,674 equity shares to three allottees following the conversion of warrants. The allottees include Excello Fin Lea Limited, Ushma Mehta, and Ajay Patadia. The warrants were allotted at a price of Rs. 417 each, including a premium of Rs. 415 each. The allottees have paid 75% of the issue price to convert the warrants into equity shares. The total consideration for the allotment is Rs. 26,96,63,058.
Key Highlights
- Black Box Ltd has allotted 6,46,674 equity shares to three allottees.
- The allotment follows the conversion of warrants held by the allottees.
- The total consideration for the allotment is Rs. 26,96,63,058.
- The allottees include Excello Fin Lea Limited, Ushma Mehta, and Ajay Patadia.
- The warrants were allotted at a price of Rs. 417 each, including a premium of Rs. 415 each.