Black Box Ltd (BBOX)

Tata Telecom TTL belonged to Tatas and Avaya formerly a division of Lucent Technologies which has its roots in AT T. Tata Group sold out its 25.1 Shareholding in the company to Avaya in the year 2004. Subsequently the Avayas holding in the company increased from 25.5 to 50.6. Avaya made a public offer to purchase 20 Shares and they acquired 8.53 from the general public with this acquisition they currently hold 59.13 of the total paidup Equity Share capital of the company. Consequently the name of the company was changed in October 2004 from Tata Telecom Ltd to Avaya GlobalConnect Ltd.The Company is a leading provider of communication systemsapplications and services. The company manufactures EPABX systems and also provides services like software integration installation commissioning and support. The company has technical collaboration with OKI Electric Company Japan. The company diversified into manufacturing multiple access radios and pointtopoint digital radios supplied to the Indian Railways DoT etc. The company also manufactures voice processing systems digital paradigm exchanges with the latest features like ISDN compatibility ADPCM transcoders 10 channel digital UHF radios etc. The company expanded its services into Project ManagementSystem IntegrationApplication Development etc which offer growth in revenues and profitability.TTL floated a new company Trans India Network System TINS in technical and financial collaboration with Lucent TechnologiesInc. US for the manufacture of SLC 120 network access systems and MAR systems. Meanwhile Tata Keltron TKL a sick company was merged with TTL with effect from Apr.95.In 1996 TTL was awarded the ISO 9001 certificate by the STQC Directorate Department of Electronics Government of India certifying the design development production installation and servicing of range of telecommunications equipment comprising of EPABX Voice Processing Systems Transmission Systems and Network Access Systems. TTL has also been awarded a certificate of registration by the British Standards Institute BSI UK in this respect.During 2000 the company launched Paradigm Plus with stateoftheart features like Virtual Telephony and ISDN to its popular series of Paradigm range from OKI. Tatafone division also introduced new products including Digital Answering machines and a range of feature phones.In Mar. 2001 the Board of Tata Telecom approved a scheme of demerger of its TataFone Division into a separate company. The company ITel Industries Private Ltd is promoted by Tata Industries Limited and became its 100 subsidiary. The company has won the Frost Sullivan Market Engineering Award 2002 for Market Leadership in Interaction CRM Market in India.The company also bagged the Frost Sullivan Marketing Strategy Award in Enterprise Voice Equipment Market.During the year 20042005 the company launched new products and solutions like Wireless LAN products New range of IP Phones server based communication platform products etc.During the year 20052006 the company launched new products and solutions like IP Office from Avaya Inc. USA Witness Solution for Performance Optimization and Intelligent Communications for Mobility Solutions.The company was rated by Economics times as among the Top 500 Listed Companues in India.

Black Box Ltd Share Price: ₹137.00 per share as on 01 Jun, 2023 11:14 AM
Black Box Ltd Market Capitalisation: ₹2,322.96Cr as of today
Black Box Ltd Revenue: ₹1,672.81Cr as on December 2022 (Q4 22)
Black Box Ltd Net Profit: ₹7.79Cr as on December 2022 (Q4 22)
Black Box Ltd Listing date: 18 Jan, 1995
Black Box Ltd Chairperson Name: Sujay R Sheth