BSECompany Update2d ago · 29 Oct 2026, 08:02 pm

Statement of Deviation or Variation in Utilization of Proceeds from Preferential Issue of Equity Shares for the quarter ended September 30, 2026.

Rnit Ai Solutions Ltd · 517286

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RNIT Ai Solutions Ltd has filed a statement with BSE regarding the deviation or variation in the utilization of proceeds from the preferential issue of equity shares for the quarter ended September 30, 2026. The company has utilized ₹11.65 crores out of the total amount of ₹26.33 crores during the quarter ended June 2026, leaving a working balance of ₹14.68 crores. The entire unutilized balance was utilized during the quarter ended September 30, 2026.

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Governance Concern1/10
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Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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Rnit Ai Solutions Ltd - 517286 - Statement Of Deviation Or Variation In Utilization Of Proceeds From Preferential Issue Of Equity Shares For The Quarter Ended September 30, 2026.

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October 29, 2026 The Manager, Department of Corporate Services, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai, Maharashtra – 400 001. Sub: Statement of Deviation or Variation in Utilization of Proceeds from Preferential Issue of Equity Shares (Public Category) – for the Quarter ended September 30, 2026. Scrip Code: 517286 Dear Sir / Madam, Pursuant to Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the Statement of Deviation or Variation in utilization of funds raised through the Preferential Issue of Equity Shares for the Second Quarter ended on September 30, 2026, of the Financial Year 2026-27, as detailed in Annexure-A. You are requested to kindly take the above information on record. Thanking you, Yours faithfully, For RNIT AI Solutions Limited T.T.V.R. Seshan Company Secretary & Compliance Officer Membership Number: A73647 RNIT AI Solutions Limited [Formerly known as Autopal Industries Limited] Registered Office Corporate Office RNIT AI Solutions Limited, 138 Kalyan Kunj Colony, RNIT AI Solutions Limited, Plot No.92, 93 & 94 Kalwar Road, Jhotwara, Jaipur, Rajasthan-302012. Kavuri Hills, Madhapur, Hyderabad-500033. CIN: L62090RJ1985PLC003427 email: cs@rnit.ai; Phone No.: +919281417110 www.rnit.ai Annexure - A Statement on deviation / variation in utilization of funds raised Name of Listed Company RNIT AI Solutions Limited Preferential Issue of Equity Shares and allotted to persons Mode of Fund Raising belonging to Public Category. Date of Raising Funds 28th March 2026. Total Funds raised Rs. 26,33,26,850/- (Rounded off Rs. 26.33 Amount Received Crores) Report filed for quarter ended 30th September 2026 Monitoring Agency Not Applicable Monitoring Agency Name, if applicable Not Applicable Is there a Deviation / Variation in use of funds raised No If yes, whether the same is pursuant to change in terms of Not Applicable a contract or objects, which was approved by the shareholders If Yes, Date of shareholder Approval Not Applicable Explanation for the Deviation / Variation Not Applicable The Audit Committee has noted that there is no deviation or variation Comments of the Audit Committee after review in the utilization of funds raised. Comments of the auditors, if any NIL Objects for which funds have been raised and where there has been a deviation in the following table: Amount of Deviation/ Original Modified Funds Modified Variation for the Unutilized Sr. Original Objects Object, If Allocation allocation, if Utilized quarter according Amount (Rs. Remarks if any No. any (Rs. in any (Rs. in (Rs. In to applicable in Crores) Crores) Crores) Crores) object (Rs.in Crores) Out of the total amount of ₹26.33 crores, ₹11.65 crores was utilized during Business expansion the quarter ended 30th including June 2026, leaving a Working balance of ₹14.68 crores 1 NIL 26.33 NIL 26.33 NIL NIL Capital and unutilized as on 30th June General 2026. The entire unutilized Corporate balance of ₹14.68 crores Purposes was utilized during the quarter ended 30th September 2026. Deviation or variation could mean: (a) Deviation in the objects or purposes for which funds have been raised; or (b) Deviation in the amount of funds actually utilized as against what was originally disclosed; or (c) Change in terms of a contract referred to in the fund-raising document i.e. prospectus, letter of offer, etc. For RNIT AI Solutions Limited T.T.V.R. Seshan Company Secretary & Compliance Officer Membership Number: A73647 RNIT AI Solutions Limited [Formerly known as Autopal Industries Limited] Registered Office Corporate Office RNIT AI Solutions Limited, 138 Kalyan Kunj Colony, RNIT AI Solutions Limited, Plot No.92, 93 & 94 Kalwar Road, Jhotwara, Jaipur, Rajasthan-302012. Kavuri Hills, Madhapur, Hyderabad-500033. CIN: L62090RJ1985PLC003427 email: cs@rnit.ai; Phone No.: +919281417110 www.rnit.ai