RNIT AI Solutions completed a preferential allotment of 52,66,537 equity shares at ₹50 each, raising ₹26.33 crore.
The allotment was pursuant to an NCLT Jaipur Bench Resolution Plan order dated September 23, 2024, approved by the Board on March 28, 2026.
Proceeds will fund AI-led solutions expansion, SaaS platforms, government and enterprise projects, and working capital needs.
Investors included AIFs, strategic investors, and HNIs under the Public (Non-Promoter) category.