Rnit Ai Solutions logo

Rnit Ai Solutions MD and chairman

BSE: 517286IT - SoftwareSmall Cap

RNIT AI SOLUTIONS LIMITED · Face value ₹10 · Listed Feb 1993
Last close ₹100.50up ₹1.85 (1.88%)

Share price at the BSE close on 28 Oct 2026. Previous close ₹98.65.

28 Oct: open ₹96.75, high ₹100.50, low ₹96.75

52-week range of traded prices to 28 Oct 2026
₹37.00Low, 20 Jan 2026₹114.10High, 7 Oct 2026
Market cap
₹852 Cr1,886th largest listed
P/E
68.40
P/B
Shares changed
Dividend yield
Nonein the last 12 months
ROE
11.5%
ROCE
10.9%
Debt to equity
0.13
Volume, BSE
88,962

Rnit Ai Solutions' chairperson is Pramod Reddy Mallaiahgari and its managing director Raja Srinivas Nandigam, as filed for the quarter to Sep 2026.

Rnit Ai Solutions board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.

  • ChairpersonPramod Reddy Mallaiahgari
  • Managing directorRaja Srinivas Nandigam
  • Company Secretary and Compliance OfficerT.T.V.R. Seshan

7 directors3 independent2 executive2 non-executive

  • Pramod Reddy Mallaiahgari · ChairpersonIndependent · joined Oct 2024 · reappointed May 2025 · 16 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • Raja Srinivas Nandigam · Managing directorExecutive · joined Oct 2024 · 1 listed board · 1 committee seat
  • Neelima NandigamNon-executive · joined Oct 2024 · reappointed Dec 2025 · 1 listed board
  • Malladi Venkata Satya Surya Subrahmanya SastriExecutive · joined May 2025 · 1 listed board · 1 committee seat
  • Lakshmi Narasimha Kameswara Rao ManthaNon-executive · joined May 2025 · 1 listed board · 1 committee seat
  • Srikanth SomepalliIndependent · joined May 2025 · 16 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 2 as chair
  • Vijendra PalavalasaIndependent · joined May 2025 · 16 months as independent · 1 listed board · 1 as independent

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 9 Sep 20267 of 7 present3 independent · 41 days in between
    • 29 Jul 20267 of 7 present3 independent · 25 days in between
    • 3 Jul 20267 of 7 present3 independent · 64 days in between
    • 29 Apr 20267 of 7 present3 independent
  • Audit Committee

    Chair Pramod Reddy Mallaiahgari

    Srikanth Somepalli, Lakshmi Narasimha Kameswara Rao Mantha

    • 29 Jul 20263 of 3 present2 independent · 25 days in between
    • 3 Jul 20263 of 3 present2 independent · 64 days in between
    • 29 Apr 20263 of 3 present2 independent
  • Nomination and remuneration committee

    Chair Srikanth Somepalli

    Pramod Reddy Mallaiahgari, Lakshmi Narasimha Kameswara Rao Mantha

    • 3 Jul 20263 of 3 present2 independent
  • Stakeholders Relationship Committee

    Chair Srikanth Somepalli

    Raja Srinivas Nandigam, Malladi Venkata Satya Surya Subrahmanya Sastri

    • 9 Sep 20263 of 3 present1 independent · 41 days in between
    • 29 Jul 20263 of 3 present1 independent · 25 days in between
    • 3 Jul 20263 of 3 present1 independent · 64 days in between
    • 29 Apr 20263 of 3 present1 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • M S P R & COPeer-review certificate valid to May 2026
1 earlier auditor
  • B R A N D & Associates LLPNamed in the filing for the quarter to Mar 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved
00Jun 2510Sep 2512Dec 2500Mar 2600Jun 2600Sep 26

Open at the quarter's end

0Jun 251Sep 250Dec 250Mar 260Jun 260Sep 26
At most 1 complaint open, quarter to Sep 2025.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Jun 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.

RaisedAmount raisedForSet asideSpentSpent elsewhereSpent elsewhere, amountReason and comments
Preferential IssuesMar 202626.33Business expansion including Working Capital and General Corporate Purposes26.3311.65No14.68Audit committee: The Audit Committee has noted that there is no deviation or variation in the utilization of funds raised.
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.