EGM approves Rs 2,500 Cr fund raise plan
BBOX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Black Box Ltd held an EGM on June 19, 2026 via video conferencing chaired by Independent Director Dilip Thakkar. Shareholders approved three special resolutions: raising up to Rs 2,500 Crores through issuance of securities, enhancing the borrowing limits of the Company, and authorising the Board to create security interests over company assets. Management said proceeds will support growth strategy and revenue opportunities. 34 members attended out of 72,289 shareholders on record. Voting results to be declared within 48 hours.
Fund raise up to Rs 2,500 Crores may lead to equity dilution or higher debt depending on securities issued. Watch voting results and pricing.