Description
Trading in equity shares of RNIT AI Solutions Limited (formerly Autopal Industries Limited) will be permitted under 'X' group from November 10, 2025.
Summary
BSE has announced that the equity shares of RNIT AI Solutions Limited (formerly known as Autopal Industries Limited) with Scrip Code 517286 will be moved to the ‘X’ group effective November 10, 2025. The ‘X’ group classification typically applies to securities that do not meet certain criteria or are under special surveillance.
Key Points
- Company Name: RNIT AI Solutions Limited (formerly Autopal Industries Limited)
- Scrip Code: 517286
- New Group Classification: ‘X’ Group
- Effective Date: Monday, November 10, 2025
- Notice Number: 20251024-3
- Notice Date: October 24, 2025
Regulatory Changes
The equity shares will transition from their current group to the ‘X’ group, which is a special category used by BSE for securities that:
- May have compliance issues
- Are under surveillance
- Do not meet normal listing requirements
- Require special attention from investors
Compliance Requirements
- Trading members must update their systems to reflect the group change
- Investors should be aware of the heightened risk associated with ‘X’ group securities
- All trading in these shares must comply with the specific rules applicable to ‘X’ group securities
Important Dates
- Notice Date: October 24, 2025
- Effective Date: November 10, 2025 (Monday)
Impact Assessment
The movement to ‘X’ group typically indicates regulatory concerns or compliance issues. This classification:
- May reduce liquidity as some institutional investors avoid ‘X’ group stocks
- Requires enhanced due diligence from investors
- May result in wider bid-ask spreads
- Could affect the stock’s trading volumes and price volatility
- Serves as a cautionary signal to market participants about potential risks
Impact Justification
Group change to 'X' typically indicates companies under surveillance or with compliance issues, affecting trading behavior and investor perception