Black Box Limited has approved the allotment of 71,944 equity shares of face value ₹2 each, at a premium of ₹415 per share, totaling ₹3,00,00,648. This allotment is pursuant to the exercise and conversion of 71,944 convertible warrants by Ushma Mehta, a Non-Promoter. The company had initially allotted 92,65,215 convertible warrants on September 27, 2024, at a price of ₹417 per warrant. The warrant holders had the right to convert these into equity shares within 18 months upon payment of the initial subscription amount (25% of the issue price). Following this conversion, the issued, subscribed, and paid-up capital of Black Box Limited has increased from 17,02,81,100 equity shares aggregating to ₹34,05,62,200 to 17,03,53,044 equity shares aggregating to ₹34,07,06,088. The newly allotted shares will rank pari passu with the existing equity shares. As of the date of this announcement, 71,42,211 warrants remain outstanding for conversion. The details of the preferential allotment are in accordance with SEBI regulations, with 25% of the warrant issue price received at the time of allotment and the balance 75% received upon exercise of conversion.