Description
47,33,463 equity shares of Rnit Ai Solutions Limited issued to strategic investors under NCLT-approved resolution plan listed for trading effective January 23, 2026.
Summary
BSE announces the listing and trading approval for 47,33,463 equity shares of Rnit Ai Solutions Limited (Scrip Code: 517286) issued to strategic investors on a preferential basis. The shares were issued under a Resolution Plan approved by the National Company Law Tribunal (NCLT), Jaipur Bench, and will commence trading from January 23, 2026.
Key Points
- 47,33,463 equity shares of Rs. 10/- each issued at premium of Rs. 34/-
- Issue price: Rs. 44/- per share
- Issued to strategic investors (non-promoters) on preferential basis
- Allotment pursuant to NCLT Jaipur Bench order dated September 23, 2024
- Distribution numbers: 74792084 to 79525546
- ISIN: INE335Q01026
- Shares rank pari-passu with existing equity shares
- Date of allotment: November 5, 2025
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- All market participants must note the listing of these new securities
- Lock-in restrictions apply to all 47,33,463 shares until February 14, 2027
- Shares subject to NCLT-approved resolution plan terms
Important Dates
- Notice Date: January 22, 2026
- Date of Allotment: November 5, 2025
- Trading Commencement: January 23, 2026 (Friday)
- Lock-in Period Ends: February 14, 2027
- NCLT Order Date: September 23, 2024
Impact Assessment
This is a routine listing notification with limited market impact. The preferential allotment increases the equity base of Rnit Ai Solutions Limited by approximately 47.33 lakh shares. The lock-in period until February 2027 ensures these shares cannot be traded freely for over one year, limiting immediate liquidity impact. The issuance under an NCLT-approved resolution plan suggests the company underwent corporate insolvency resolution proceedings, and these shares represent strategic investor participation in the company’s restructuring.
Impact Justification
Routine listing of preferential allotment shares under NCLT-approved resolution plan. Limited market impact for a single company.