Description

Listing of 47,33,463 equity shares of Rnit Ai Solutions Limited issued on preferential basis to strategic investors pursuant to NCLT-approved Resolution Plan, effective January 23, 2026.

Summary

BSE has approved the listing of 47,33,463 equity shares of Rnit Ai Solutions Limited (Scrip Code: 517286) issued to strategic investors (non-promoters) on a preferential basis. The shares were allotted pursuant to a Resolution Plan approved by the National Company Law Tribunal (NCLT), Jaipur Bench on September 23, 2024. Trading will commence on January 23, 2026.

Key Points

  • 47,33,463 equity shares of Rs. 10/- each listed
  • Issue price: Rs. 44/- (Rs. 10 face value + Rs. 34 premium)
  • Allotted to strategic investors (non-promoters) on preferential basis
  • Allotment date: November 5, 2025
  • Distinguished Numbers: 74792084 to 79525546
  • ISIN: INE335Q01026
  • Shares rank pari-passu with existing equity shares
  • Issued under NCLT-approved Resolution Plan (order dated September 23, 2024)

Regulatory Changes

No regulatory changes. This is a standard listing notification following NCLT-approved corporate restructuring.

Compliance Requirements

  • Market participants are informed of the new securities available for trading
  • Lock-in restrictions apply to all 47,33,463 shares until February 14, 2027
  • Shares cannot be transferred or traded until lock-in period expires

Important Dates

  • NCLT Order Date: September 23, 2024
  • Allotment Date: November 5, 2025
  • Notice Date: January 22, 2026
  • Trading Commencement: January 23, 2026 (Friday)
  • Lock-in Expiry: February 14, 2027

Impact Assessment

Market Impact: Limited. This is a company-specific listing event affecting only Rnit Ai Solutions Limited. The preferential allotment to strategic investors represents a capital infusion under a court-approved resolution plan, suggesting potential corporate restructuring or revival efforts.

Operational Impact: Minimal for general market participants. Investors interested in the scrip should note the lock-in period extends until February 14, 2027, preventing immediate liquidity for these shares. The issuance increases the total equity base of the company by 47.33 lakh shares.

Investor Consideration: The shares were issued at Rs. 44/- under a preferential allotment scheme as part of an NCLT-approved resolution plan, indicating the company may have undergone insolvency or restructuring proceedings.

Impact Justification

Routine listing of preferential allotment shares for a single company with limited market-wide impact