Meeting Details

  • Meeting Type: Extra Ordinary General Meeting (EGM)
  • Meeting Date: Friday, June 19, 2026
  • Meeting Time: 11:03 A.M. IST
  • Meeting Format: Conducted through Video Conferencing (VC) in compliance with MCA General Circular No.03/2025 and SEBI Circular SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133
  • Location: Virtual meeting through VC
  • Cut-off Date: Friday, June 12, 2026 for determining shareholder voting entitlements

Proposed Resolutions and Implications

Three special resolutions were proposed for shareholder approval:

1. Resolution No. 1: General approval for raising of funds by issuance of securities up to ₹2,500 Crores

2. Resolution No. 2: Approving the enhancement in the borrowing limits of the Company

3. Resolution No. 3: To authorize the Board of Directors to create securities interests over the undertaking or substantially the whole of the undertaking of the Company under Section 180(1)(a) of the Companies Act, 2013

All resolutions required special majority approval (≥75% votes in favor).

Voting Process and Methods

The voting was conducted through:

  • Remote e-Voting: Provided by National Securities Depository Limited (NSDL) from Tuesday, June 16, 2026 at 9:00 A.M. to Thursday, June 18, 2026 at 5:00 P.M.
  • E-voting during EGM: Electronic voting facility available during the meeting through VC
  • No physical polling was conducted as the meeting was held entirely through VC

Key Voting Outcomes

Overall Participation

  • Total shareholders on cut-off date: 72,289
  • Shareholders attending meeting through VC: 34 (1 Promoter, 33 Public)
  • Total shares outstanding: 17,75,99,205
  • Total votes polled: 14,30,96,537 shares (80.57% of outstanding shares)

Resolution-wise Results

Resolution No. 1 (Fundraising up to ₹2,500 Crores)
  • Total votes in favor: 14,29,50,953 shares (99.90% of votes polled)
  • Total votes against: 1,45,584 shares (0.10% of votes polled)
  • Shareholders voting in favor: 138 members
  • Shareholders voting against: 19 members
Resolution No. 2 (Enhancement of Borrowing Limits)
  • Total votes in favor: 14,29,13,138 shares (99.87% of votes polled)
  • Total votes against: 1,83,399 shares (0.13% of votes polled)
  • Shareholders voting in favor: Not specified in count
  • Shareholders voting against: 22 members
Resolution No. 3 (Creation of Security Interests)
  • Total votes in favor: 14,29,53,252 shares (99.90% of votes polled)
  • Total votes against: 1,43,285 shares (0.10% of votes polled)
  • Shareholders voting in favor: 134 members
  • Shareholders voting against: 21 members

Category-wise Voting Breakdown

Promoter and Promoter Group (12,42,37,593 shares)
  • Participation: 100% across all resolutions
  • Voting: 100% in favor for all three resolutions
Public-Institutions (1,47,62,665 shares)
  • Participation: 73,57,821 shares (49.84%)
  • Resolution 1: 98.14% in favor (72,20,815 shares), 1.86% against (1,37,006 shares)
  • Resolution 2: 97.66% in favor (71,85,456 shares), 2.34% against (1,72,365 shares)
  • Resolution 3: 98.20% in favor (72,25,572 shares), 1.80% against (1,32,249 shares)
Public-Non Institutions (3,85,98,947 shares)
  • Participation: 1,15,01,123 shares (29.80%)
  • Resolution 1: 99.93% in favor (1,14,92,545 shares), 0.07% against (8,578 shares)
  • Resolution 2: 99.90% in favor (1,14,90,089 shares), 0.10% against (11,034 shares)
  • Resolution 3: 99.90% in favor (1,14,90,087 shares), 0.10% against (11,036 shares)

Scrutinizer's Role and Findings

  • Scrutinizer: Dr. S.K. Jain, Practicing Company Secretary
  • Appointment: By the Board of Directors of Black Box Limited
  • Process: The e-voting data was unblocked on June 19, 2026 at approximately 11:37 A.M. in the presence of two witnesses (Ms. Ayusha Koyande and Ms. Tanvi Ambre) who were not employees of the company
  • Findings: The scrutinizer confirmed the voting process complied with applicable regulations and all three special resolutions were duly passed by the required majority
  • Records: All voting records were sealed and handed over to the Company Secretary for safe keeping

Compliance Confirmation

The voting process and EGM were conducted in compliance with:

  • Section 108 & 109 of the Companies Act, 2013
  • Rules 20 & 21 of Companies (Management and Administration) Rules, 2014 (Amendment Rules, 2015)
  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA General Circular No.03/2025 dated September 22, 2025
  • SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133 dated October 03, 2024

Document Distribution and Publication

  • Notice Dispatch: EGM notice sent by email to 67,453 shareholders on May 28, 2026
  • Website Availability: Notice and explanatory statement available on company website www.blackbox.com
  • Newspaper Publication: Published in The Free Press Journal (English) and Navshakti (Marathi) on May 29, 2026