Intimation about Execution of Master Development Services Agreement with 1FC Technology Private Limited.

28-08-2026 Department of Corporate Services, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai, Maharashtra – 400 001. Sub: Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Execution of Master Development Services Agreement with 1FC Technology Private Limited. Scrip Code: 517286. Dear Sir / Madam, Pursuant to Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("SEBI LODR Regulations"), we wish to inform you that RNIT AI Solutions Limited (“RNIT” or the “Company”) has entered into a Master Development Services Agreement (“Agreement”) with 1FC Technology Private Limited (“1FC”) for the design, development, integration, testing and deployment of technology solutions forming part of the 1FC digital financial ecosystem, comprising the 1FCode financial and wealth technology solution and the 1FC Insure insurance technology solution. The engagement represents RNIT's strategic entry into the FinTech, WealthTech and InsurTech domains and extends the Company's Artificial Intelligence, digital identity, software engineering, analytics and systems-integration capabilities into the BFSI technology ecosystem. The 1FCode solution will bring together technology capabilities across investments and portfolio analytics, financial planning, lending, insurance, digital onboarding and identity, data aggregation and integrations, financial analytics, spending and budget intelligence, customer management, regulatory and compliance technology and related digital financial-management functions. A key technology component of the solution is NIA, RNIT's AI assistant. Under the agreed scope, NIA will support conversational orchestration, contextual financial information access, multilingual interaction, voice input and text-to-speech, guided goal-planning, embedded information presentation, compliance guardrails and related AI-enabled functionality. 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 The 1FC Insure solution will encompass insurance technology capabilities across PoSP onboarding, training and certification, insurer and product integrations, quotation and policy issuance workflows, policy servicing and renewals, claims management, commission and payout management, AI-based document OCR and intelligence, CRM, analytics, regulatory reporting, compliance and customer self-service. Through this engagement, RNIT is applying its established technology capabilities to develop an integrated digital financial ecosystem spanning financial intelligence, wealth-related technology and insurance technology. The disclosure pursuant to Regulation 30 read with Para B of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed as Annexure – A. This is for your information and 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 a. Agreements / Joint Venture (JV) Name of the entity(ies) with whom I 1FC Technology Private Limited (“1FC”) agreement is signed Design, development, integration, testing and deployment of technology solutions forming part of the 1FC digital financial ecosystem, comprising the 1FCode financial and wealth technology solution and the 1FC Insure insurance technology solution, II Area of agreement including AI-enabled financial intelligence, investment and financial planning, lending, insurance, digital onboarding and identity, data aggregation and integrations, analytics, customer management, regulatory and compliance technology and related software-engineering services. III Domestic / International Domestic IV Share exchange ratio / JV ratio Not Applicable Development of technology solutions covering investment solutions and portfolio analytics, financial planning, lending, insurance, digital onboarding and identity, data aggregation and integrations, financial analytics, spending and budget intelligence, customer management, regulatory and compliance technology, together with insurance technology capabilities covering PoSP onboarding, training and certification, Scope of business operation of V insurer and product integration, quotation and policy agreement / JV issuance, policy servicing and renewals, claims management, commission and payout management, CRM, analytics, regulatory reporting and customer self-service. The 1FCode solution incorporates NIA, RNIT's AI assistant, for AI-enabled conversational and financial-intelligence capabilities, including multilingual and voice-enabled interaction and guided goal-planning. Details of consideration paid / VI Tier – 3* received in agreement / JV The Agreement covers design, development, configuration, integration, testing and deployment of agreed modules, together with related technical documentation and knowledge transfer. Delivery, Significant terms and conditions VII testing and acceptance are module-based, with of agreement / JV in brief material changes to the agreed scope subject to mutually approved Change Requests. The overall project duration is contemplated at approximately six months from the Effective Date, subject to the 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 implementation plan, module sequencing, dependencies, approvals, third-party readiness and Change Requests. RNIT retains ownership of its Background IP, including NIA and reusable technology components, while client-specific deliverables are subject to the ownership provisions of the Agreement. The Agreement also provides for a 90-day warranty for specified defects following production acceptance. Whether the acquisition would fall within related party transactions and whether the promoter / promoter group / The Agreement does not constitute a related-party group companies have any VIII transaction. The promoter / promoter group of RNIT do interest in the entity being not have any interest in 1FC. acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length” IX Size of the entity(ies) Not Applicable The engagement marks RNIT's strategic entry into the FinTech, WealthTech and InsurTech domains and enables the Company to extend its established Artificial Intelligence, digital identity, software X Rationale and benefit expected engineering, systems integration, analytics and programme-management capabilities into the BFSI technology ecosystem, thereby broadening RNIT's technology portfolio and application domains. b. In the event that any such arrangement is called off for any reason, the same shall be disclosed Not Applicable along with the reasons for calling off the propos [Showing first 8,000 characters — download PDF for full document]