RNIT AI Solutions Limited shareholders approved the strategic relocation of the company's registered office from Rajasthan to Telangana, alongside the reappointment of its Managing Director, at the second annual general meeting (post-relisting) held on July 29, 2026. The resolution to shift the registered office involves a consequential alteration of Clause 2 of the Memorandum of Association, aligning the legal domicile with the corporate office located in Hyderabad. This move consolidates the company’s operational and administrative presence in Telangana, where it maintains its corporate headquarters at Plot No. 92, 93 & 94, Kavuri Hills, Madhapur.

The meeting, convened pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, was attended by 59 shareholders, satisfying the quorum requirement of thirty members under Section 103(1)(a)(iii) of the Companies Act, 2013. Pramod Reddy Mallaiahgari, Independent Director and Chairman, presided over the proceedings, which commenced at 10:30 A.M. via video conference. T.T.V.R. Seshan, Company Secretary and Compliance Officer, facilitated the agenda, which included the adoption of audited financial statements for the financial year ended March 31, 2026.

Key Resolutions Passed

Shareholders voted on three primary items of business. The most significant operational change was the approved shift of the registered office from Jaipur, Rajasthan, to Telangana. This structural adjustment supports the company’s focus on its core operations in Hyderabad. Additionally, shareholders reappointed Raja Srinivas Nandigam (DIN: 08430111) as Managing Director, who retires by rotation and offered himself for reappointment. The Board’s reports and the auditors’ reports on the financial statements for FY26 were also adopted without objection.

Audit and Governance Compliance

The statutory auditors, M/s. M S P R & Co., represented by CA Teja Kiran, and the secretarial auditors, M/s. MVK & Associates, represented by Mr. Vijaya Kumar M, confirmed that their respective reports contained no qualifications or adverse remarks. Consequently, these reports were not read out in full during the meeting. The clean audit opinion underscores compliance with regulatory standards for the period under review. Mr. Vijaya Kumar also served as the Scrutinizer for the voting process, ensuring fairness and transparency in both remote and venue e-voting mechanisms.

Voting Process and Participation

In compliance with Section 108 of the Companies Act, 2013 and Regulation 44 of the SEBI LODR Regulations, the company enabled remote e-voting through National Securities Depository Limited (NSDL). The voting window was open from July 26, 2026, to July 28, 2026, with July 22, 2026, serving as the cut-off date for determining shareholder eligibility. Shareholders attending the virtual meeting who had not cast remote votes were provided with venue e-voting facilities, which remained active for 15 minutes post-meeting. The consolidated results were declared within two working days, with the Scrutinizer’s report submitted to NSDL and BSE Limited.

What the Numbers Show

The absence of any qualifications in the statutory and secretarial audit reports indicates strong governance adherence for FY26. For a company in its second year post-relisting, maintaining clean audit trails while executing significant structural changes like a registered office shift suggests stable internal controls. The reappointment of the Managing Director provides leadership continuity, which is critical for executing the strategic realignment implied by the move to Telangana.

RNIT AI Solutions has scheduled its 2nd Annual General Meeting (AGM) for July 29, 2026, to seek shareholder approval for shifting its registered office from Rajasthan to Telangana. The meeting will be conducted through Video Conference (VC) or Other Audio Visual Means (OAVM) at 10:30 A.M. IST. This proposal aligns with the company's management and operational functions, which are primarily based in Hyderabad following a change in management and control pursuant to a Resolution Plan approved by the National Company Law Tribunal in September 2024.

The Board of Directors approved the proposal to shift the registered office during its meeting on July 03, 2026. The move requires a special resolution from shareholders and subsequent approvals from the Central Government, Regional Director, and Registrar of Companies. The company stated that the shift would facilitate efficient administration and improve coordination with stakeholders without adversely affecting the rights or interests of members, creditors, or employees.

Ordinary Business

The AGM will transact ordinary business, including the adoption of the audited financial statements for the financial year ended March 31, 2026. Shareholders will also consider the re-appointment of Mr. Raja Srinivas Nandigam, who retires by rotation and is eligible for re-appointment. Mr. Nandigam, who holds 50.10% of the equity shares, was appointed as Managing Director for a term of five years effective December 29, 2025.

E-voting and AGM Details

The company has provided a remote e-voting facility for shareholders. The e-voting period commences on July 26, 2026, at 09:00 A.M. and concludes on July 28, 2026, at 05:00 P.M. The cut-off date for determining shareholder eligibility for e-voting is July 22, 2026. The register of members and share transfer books will remain closed from July 23, 2026, to July 29, 2026, for the purpose of the AGM.

M/s. MVK & Associates, Practicing Company Secretaries, has been appointed as the scrutinizer to conduct the electronic voting process. The facility to appoint a proxy is not available for this meeting, though body corporates may appoint authorized representatives.