BSECompany Update29 Jul 2026 · 29 Jul 2026, 05:22 pm
Statement of Deviation or Variation in Utilization of Proceeds from Preferential Issue of Equity Shares for the Quarter Ended June 30, 2026.
Rnit Ai Solutions Ltd · 517286
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RNIT Ai Solutions Ltd has filed a statement with the BSE regarding the deviation or variation in the utilization of proceeds from the preferential issue of equity shares for the quarter ended June 30, 2026. The company has utilized ₹11.65 crores out of the total ₹26.33 crores raised, with the balance of ₹14.68 crores remaining unutilized.
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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 June 30, 2026.
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July 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 June 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 First Quarter ended on June 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]
RNIT 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
Mode of Fund Raising
persons belonging to Public Category.
Date of Raising Funds 28th March 2026.
Total Funds raised Rs. 26,33,26,850/- (Rounded off Rs.
Amount Received
26.33 Crores)
Report filed for quarter ended 30th June 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
Comments of the Audit Committee after review
variation 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 Allocation allocation, Utilized
Object, If quarter Amount (Rs. Remarks if any
No. Objects (Rs. in if any (Rs. (Rs. In
any according to in Crores)
Crores) in Crores) Crores)
applicable object
(Rs.in Crores)
Out of the total amount
Business of ₹26.33 crores, ₹11.65
expansion
crores was utilized
including
during the quarter
Working
1 NIL 26.33 NIL 11.65 NIL 14.68 ended June 30, 2026,
Capital and
and the balance amount
General
of ₹14.68 crores
Corporate
remained unutilized as
Purposes
on June 30, 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]
RNIT 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