Rnit Ai Solutions Ltd

RNIT AI Solutions Limited: Trading window closed from 01 October 2026 till 48 hours after the announcement of the Unaudited Financial Results for the quarter and half year ending on September 30, 2026

Awarding body and scope

• Awarding entity: Andhra Pradesh State Skill Development Corporation (APSSDC).
• Scope: design, development, deployment, integration and maintenance of an AI-based multilingual interview platform.

Contract model and scale

• Engagement: SaaS with per-minute per-user usage charges; payments based on actual usage.
• Scale: up to 20 lakh user sessions.

Timeline and term

• Implementation within 15 working days from NOA.
• Five-year services agreement from signing.

Key terms and governance

• Pursuing students: up to two attempts per user with 3-month gap.
• Domestic awarding entity; no promoter-group interest; no related-party transactions.

Capabilities and language plan

• Go-live languages: English, Hindi, Telugu; more languages planned.

Parties

• RNIT AI Solutions Limited (formerly Autopal Industries Limited) and 1FC Technology Private Limited are the contract parties.

Purpose

• Design, development, integration, testing and deployment of the 1FC digital financial ecosystem.

Key terms

• Scope covers design, development, integration, testing and deployment with module-based delivery and changes.
• Project duration is approximately six months from the Effective Date.
• RNIT retains Background IP including NIA; client deliverables subject to ownership provisions.
• 90-day warranty for specified defects post-acceptance.
• Change Requests may modify scope; material changes require mutual approval.
• Details of consideration: Tier-3; no amount disclosed.
• No related-party transaction; promoters have no interest in 1FC.

Impact

• Strategic entry into FinTech, WealthTech, and InsurTech expands BFSI tech capabilities.
• No change in RNIT's equity ownership indicated; potential new revenue streams.

Regulatory / disclosures

• SEBI LODR Regulation 30 disclosure filed; Annexure-A attached.
• No conflicts of interest disclosed.

Price movement clarification

• As on date, there is no pending material information or price-sensitive announcement.
• All material events requiring disclosure under Regulation 30 of SEBI LODR have been disclosed.
• Share price movement is market-driven.
• Company will inform promptly of any material events as applicable.

Meeting Details

• Date: July 29, 2026; Time: not disclosed; Location: Plot 92-94, First Floor, Kavuri Hills, Hyderabad.

Key Agenda Items

• Unaudited financial results for the quarter ended June 30, 2026.
• Any other business, with the Chair's permission.

Other Notes

• Trading window closed from July 01, 2026 until 48 hours after the unaudited results.

Dematerialisation status

• Dematerialisation requests processed and confirmed to depositories (accepted/rejected).
• Securities dematerialised listed on exchanges where earlier securities are listed.
• Physical certificates mutilated and cancelled; depository name substituted as registered owner within 15 days.