Black Box Limited
AGC Networks Ltd. (AGC), incorporated in 1986 by Tata Telecom Pvt. Ltd. to manufacture telecommunication equipment. It is currently held by Essar Telecom Ltd. Over the years, AGC evolved into an information and communication (ICT) solutions provider and integrator with a differentiated vertical approach in business communication systems, applications and services mainly within India.The company is present at…
What Black files
- Others63
- Investor Meet44
- QIP/Rights/Pref.20
- Updates17
- Important12
- Board Meeting8
Black Box's board approved Q1 results: Revenue Rs 1,718.50 Cr, Profit Rs 55.92 Cr. Key moves include acquiring 2S Inovações Tecnológicas for Rs 496.59 Cr and reclassifying authorized share capital to increase equity shares. A final dividend of Re 1/share was also approved.
Black Box Limited incorporated Black Box Technologies Company in Saudi Arabia, expanding its IT services. The company also divested its associate Black Box DMCC for USD 4 million and exited its step-down subsidiary AGC Networks L.L.C., streamlining global operations.
Black Box Limited issued a warning letter to an Associate VP for an inadvertent violation of its insider trading code of conduct. The contra trade involved 1 share valued at Rs. 464.80. No financial penalty was imposed, citing the insignificant amount and lack of intent.
Black Box Ltd. responded to exchange queries on significant volume movement. The company stated there is no undisclosed price-sensitive information or impending corporate action. It affirms it has promptly disclosed all material events.
Black Box Limited's Statutory Auditors, M S K A & Associates, have converted their firm into an LLP, M S K A & Associates LLP. They will continue to serve as the company's auditors, ensuring continuity.