RNIT AI Solutions to seek nod for registered office shift at AGM
RNIT AI Solutions has scheduled its 2nd AGM on July 29, 2026, to seek shareholder approval for shifting its registered office from Rajasthan to Telangana. The meeting will also cover the adoption of audited financial statements for FY26 and the re-appointment of Managing Director Mr. Raja Srinivas Nandigam. Remote e-voting is available from July 26 to July 28, 2026.
*this image is generated using AI for illustrative purposes only.
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.
| Particulars | Details |
|---|---|
| Date and Time of AGM | July 29, 2026, at 10:30 A.M. (VC/OAVM) |
| E-voting Start Date | July 26, 2026, at 09:00 A.M. |
| E-voting End Date | July 28, 2026, at 05:00 P.M. |
| Cut-off Date for E-voting | July 22, 2026 |
| Book Closure Period | July 23, 2026 to July 29, 2026 |
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.
Historical Stock Returns for Rnit Ai Solutions
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.81% | +1.00% | -4.80% | +24.60% | +12.06% | +12.06% |
How will the relocation to Telangana impact RNIT AI Solutions' operational costs and administrative efficiency?
What strategic growth initiatives does the company plan to pursue following the management change in 2024?
Will the shift in registered office influence the company's ability to attract talent or secure partnerships in Hyderabad's tech ecosystem?
19
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
