Black Box Limited Allots 8,179 Equity Shares to Manish Agarwal Through Warrant Conversion

Black Box Limited has allotted 8,179 equity shares to Manish Agarwal through conversion of convertible warrants on February 11, 2026. The Board of Directors approved the allotment at their meeting held on the same date, pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015. Share Allotment Details The equity shares were allotted at Rs. 417 per share, comprising a face value of Rs. 2 and a premium of Rs. 415 per share. The allotment was made against receipt of the balance subscription amount for warrant conversion. Parameter: Details Allottee: Manish Agarwal Category: Non-Promoter Number of Shares: 8,179 Face Value: Rs. 2 per share Premium: Rs. 415 per share Issue Price: Rs. 417 per share Total Consideration: Rs. 34,10,643 Impact on Share Capital The allotment resulted in an increase in the company's issued, subscribed and paid-up capital. The total number of equity shares outstanding increased from 17,04,82,543 to 17,04,90,722 shares. Capital Structure: Before Allotment After Allotment Number of Shares: 17,04,82,543 17,04,90,722 Face Value: Rs. 2 each Rs. 2 each Total Capital: Rs. 34,09,65,086 Rs. 34,09,81,444 Shareholding Pattern Changes Manish Agarwal's shareholding in the company increased following the allotment, though his percentage holding remained unchanged at 0.01% due to the relatively small size of the allotment compared to the total share capital. Shareholding Details: Pre-Allotment Post-Allotment Number of Shares: 12,000 20,179 Percentage Holding: 0.01% 0.01% Warrant Conversion Process The warrants were originally allotted on September 27, 2024, at Rs. 417 each. As per the conversion mechanism, 25% of the total consideration was received at the time of warrant allotment, while the balance 75% was received during the current conversion into equity shares. Following this allotment, the company has 70,04,533 warrants outstanding for conversion. The newly allotted shares will rank pari passu with the existing equity shares of the company, carrying equal rights and privileges. Black Box Limited has announced its consolidated unaudited financial results for the third quarter ended December 31, 2025, demonstrating robust operational performance with significant revenue growth across key business segments. Financial Performance Overview The company delivered strong financial results for Q3FY26, showcasing improved operational efficiency and market expansion. The consolidated performance reflects the company's strategic focus on system integration and technology solutions. Financial Metrics: Q3FY26 Q3FY25 Growth (%) Revenue from Operations: Rs. 1,659.58 crores Rs. 1,501.72 crores +10.51% Total Income: Rs. 1,660.76 crores Rs. 1,503.16 crores +10.48% Net Profit: Rs. 49.68 crores Rs. 56.08 crores -11.41% Profit Before Tax: Rs. 56.77 crores Rs. 59.23 crores -4.15% Segment-wise Performance The system integration segment continued to be the primary revenue driver, contributing significantly to the overall growth trajectory. The technology product solutions segment showed improvement compared to previous quarters. Business Segments: Q3FY26 Revenue Q3FY25 Revenue Growth (%) System Integration: Rs. 1,396.78 crores Rs. 1,266.56 crores +10.28% Technology Product Solutions: Rs. 226.47 crores Rs. 197.43 crores +14.70% Others: Rs. 36.33 crores Rs. 37.73 crores -3.71% Nine Months Performance For the nine months ended December 31, 2025, the company maintained steady growth momentum with consolidated revenue reaching Rs. 4,630.91 crores compared to Rs. 4,422.33 crores in the corresponding period last year, representing a growth of 4.72%. Net profit for the nine-month period stood at Rs. 152.76 crores against Rs. 144.31 crores in the previous year. Exceptional Items and Regulatory Matters The company reported exceptional expenses of Rs. 21.92 crores during Q3FY26, primarily comprising severance expenses of Rs. 13.96 crores related to manpower rationalization at BBX Inc., lease foreclosure costs of Rs. 2.56 crores, and Rs. 5.55 crores impact from new Labour Codes implementation. The auditors noted delays in foreign currency transactions totaling Rs. 30.52 crores in import payments and Rs. 6.35 crores in export repatriations, for which the company has filed necessary applications with appropriate authorities. Earnings Per Share and Capital Structure The company's paid-up equity share capital increased to Rs. 34.07 crores from Rs. 33.84 crores, reflecting warrant conversions and ESOP allotments during the period. Basic earnings per share for Q3FY26 stood at Rs. 2.92 after exceptional items and Rs. 4.21 before exceptional items. EPS Metrics: Q3FY26 Q3FY25 Basic EPS (Before Exceptional Items): Rs. 4.21 Rs. 4.13 Basic EPS (After Exceptional Items): Rs. 2.92 Rs. 3.33 Diluted EPS (After Exceptional Items): Rs. 2.89 Rs. 3.28 We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. 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