RNIT AI Raises INR 26.33 Crore Amidst Challenging Market Conditions

• RNIT AI Solutions Limited successfully completed a preferential allotment of equity shares, raising approximately ₹26.33 crore.
• The allotment was approved by NCLT Jaipur Bench and followed SEBI Regulations and Companies Act, 2013.
• 52,66,537 equity shares were allotted at ₹50 per share to strategic investors under the Public (Non-Promoter) category.
• The issue saw strong participation from AIFs, strategic investors, and HNIs, indicating robust investor confidence.
• Capital will fund expansion in AI-led solutions, strengthen technology platforms, and enhance project execution capabilities.