RNIT AI Solutions filed a regulatory statement confirming no deviation in utilization of ₹47.16 crore funds raised via preferential issue.
The company fully utilized ₹20.83 crore raised in November 2025 for business expansion and working capital by March 2026.
Another ₹26.33 crore raised in March 2026 remains unutilized and is earmarked for future general corporate purposes.
The audit committee reviewed and confirmed no deviation or variation in the fund utilization pattern.