Black Box Limited has issued notice for its 40th Annual General Meeting (AGM) scheduled to be held on Wednesday, September 16, 2026 at 11:00 A.M. Indian Standard Time through Video Conferencing facility provided by National Securities Depository Limited (NSDL).
AGM Logistics and Communication
The meeting will be conducted virtually in compliance with MCA General Circular No. 03/2025 dated September 22, 2025 and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133 dated October 3, 2024. The notice is being sent electronically to all members with registered email addresses. For shareholders without registered email addresses, the company will send a letter providing the weblink to access the Annual Report 2025-26 on the company's website at www.blackbox.com.
Business Items to be Transacted
Ordinary Business:
1. To receive, consider and adopt the audited financial statements (Standalone and Consolidated) for the financial year ended March 31, 2026, along with reports of Board of Directors and Auditors
2. To appoint a director in place of Mr. Anshuman Ruia (DIN: 00008501), Executive Director who retires by rotation and offers himself for re-appointment
3. To declare a final dividend on Equity Shares of face value of ₹2 each for financial year 2025-26
Special Business:
4. Reclassification of existing Authorised Share Capital and consequent alteration to Capital Clause of Memorandum of Association - Ordinary Resolution
5. Alteration of Articles of Association consequent to alteration of capital of the Company - Special Resolution
Capital Reclassification Details
The company proposes to reclassify its existing Authorised Share Capital of ₹1,45,00,00,000 without increasing the total amount. The current structure comprises:
- 22,50,00,000 Equity Shares of ₹2 each (₹45,00,00,000)
- 50,00,000 Cumulative/Non-Cumulative Redeemable Preference Shares of ₹100 each (₹50,00,00,000)
- 50,00,000 Convertible Preference Shares of ₹100 each (₹50,00,00,000)
The proposed new structure will be:
- 47,50,00,000 Equity Shares of ₹2 each (₹95,00,00,000)
- 25,00,000 Cumulative/Non-Cumulative Redeemable Preference Shares of ₹100 each (₹25,00,00,000)
- 25,00,000 Convertible Preference Shares of ₹100 each (₹25,00,00,000)
Current paid-up Equity Share Capital stands at ₹35,51,98,410 comprising 17,75,99,205 Equity Shares of ₹2 each.
Dividend Information
The Board of Directors at its meeting held on May 26, 2026 recommended a dividend of ₹1 per equity share of face value ₹2 each for FY 2026, subject to member approval.
- Record date: Friday, August 28, 2026
- Payment date: September 23, 2026 (if declared)
- Dividend will be paid only through electronic mode as mandated by SEBI Notification No. SEBI/LADNRO/GN/2025/273 dated November 18, 2025
Tax Deduction at Source (TDS) on Dividend
For resident shareholders:
- 10% TDS for those with valid PAN
- 20% TDS for those without PAN/valid PAN
- No TDS if total dividend during FY 2026-27 does not exceed ₹10,000
For non-resident shareholders:
- 20% TDS (plus applicable surcharge and cess) or DTAA rates, whichever is more beneficial
- Required documents must be submitted by September 9, 2026
Voting Procedures
Remote e-voting period: September 13, 2026 (9:00 A.M.) to September 15, 2026 (5:00 P.M.) through NSDL e-voting system. Cut-off date for determining voting rights: September 9, 2026. The company has appointed M/s. S. K. Jain & Co, Practising Company Secretary as Scrutinizer.
Director Re-appointment Details
Mr. Anshuman Ruia (Age: 55 years, Date of first appointment: September 10, 2020) holds Bachelor's degree in Commerce and has extensive experience in technology investments and project execution. He draws no remuneration from the company and holds no shares. He attended 3 board meetings during FY 2026 and holds no other listed company directorships.
Registered Office and Contact Information
501, 5th Floor, Building No.9, Airoli Knowledge Park, MIDC Industrial Area, Airoli, Navi Mumbai - 400 708
Contact: 022-66617272
Registrar and Share Transfer Agent: M/s. Datamatics Business Solutions Limited