Description

BSE revokes trading suspension for RNIT AI Solutions Ltd. (formerly Autopal Industries Ltd.) effective October 16, 2025, following NCLT approved resolution plan.

Summary

BSE Limited has announced the revocation of trading suspension for RNIT AI Solutions Ltd. (formerly known as Autopal Industries Ltd., Scrip Code: 517286) effective Thursday, October 16, 2025. This action follows an NCLT approved resolution plan dated September 23, 2024, and is in furtherance to Exchange notice no. 20160328-15 dated March 28, 2016.

Key Points

  • Trading suspension revoked for RNIT AI Solutions Ltd. (Scrip Code: 517286)
  • Company was formerly known as Autopal Industries Ltd.
  • Revocation based on NCLT order dated September 23, 2024 approving resolution plan
  • Securities will be part of Special Pre-open Session (SPOS) for IPOs & Relisted scrips
  • Trading members can refer to Exchange notice no. 20120216-29 for SPOS information

Regulatory Changes

The exchange is lifting the trading suspension that was previously imposed on the company’s securities. The company has successfully completed its resolution plan process under the National Company Law Tribunal (NCLT), enabling the resumption of trading activities.

Compliance Requirements

  • Trading members must note that the securities will participate in Special Pre-open Session (SPOS) for IPOs & Relisted scrips
  • Market participants should familiarize themselves with SPOS procedures by referring to Exchange notice no. 20120216-29
  • All concerned companies and market participants are requested to take note of this revocation
  • For clarifications, contact BSE at 022-2272 8083

Important Dates

  • Notice Date: October 14, 2025
  • NCLT Order Date: September 23, 2024
  • Trading Revocation Effective Date: Thursday, October 16, 2025
  • Original Suspension Notice: March 28, 2016 (notice no. 20160328-15)

Impact Assessment

Market Impact: The revocation allows investors to resume trading in RNIT AI Solutions Ltd. securities after a prolonged suspension period since 2016. The Special Pre-open Session mechanism will help establish fair price discovery upon relisting.

Operational Impact: Trading members need to ensure their systems and processes are prepared for the relisting and understand SPOS procedures. The company’s successful completion of the NCLT resolution plan indicates corporate restructuring and potential for renewed investor interest.

Investor Impact: Existing shareholders can now liquidate or add to their positions. New investors gain access to the security. Price volatility is expected initially due to the long suspension period and relisting process.

Impact Justification

Revocation of trading suspension for a specific company following resolution plan approval; affects trading members and investors in this security