Black Box Limited received ₹386.36 crore via conversion of 92,65,215 warrants into equity shares at ₹417 per share.
Promoters contributed ₹200 crore (51.76% of total infusion); post-conversion promoter shareholding stands at 69.99%.
All warrant holders exercised rights in full with no forfeiture, completing the preferential issue originally dated September 27, 2024.
Proceeds are intended to strengthen the balance sheet and accelerate digital infrastructure growth and market expansion.