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RNIT AI Solutions surges on signing service level agreement with Government of Andhra Pradesh

The agreement marks the deployment of the company’s AI-based mobile driven FRS across Higher Education Institutions

RNIT AI Solutions is currently trading at Rs. 50.55, up by 0.68 points or 1.36% from its previous closing of Rs. 49.87 on the BSE.

The scrip opened at Rs. 50.00 and has touched a high and low of Rs. 51.50 and Rs. 49.01 respectively. So far 32462 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 71.00 on 11-Nov-2025 and a 52 week low of Rs. 37.00 on 20-Jan-2026.

Last one week high and low of the scrip stood at Rs. 51.77 and Rs. 46.99 respectively. The current market cap of the company is Rs. 396.83 crore.

The promoters holding in the company stood at 72.28%, while Institutions and Non-Institutions held 0.06% and 27.65% respectively.

RNIT AI Solutions has executed a Service Level Agreement (SLA) with the Commissionerate of Higher Education (CHE), Government of Andhra Pradesh. The agreement pertains to the design, development, integration, deployment and maintenance of an AI-based mobile driven Facial Recognition Attendance Management System (FRS) for higher education institutions under the administrative control of the Commissionerate of Higher Education in the State of Andhra Pradesh.

The agreement marks the deployment of the company’s AI-based mobile driven FRS across Higher Education Institutions including Government, Aided and Private Degree Colleges, Engineering Colleges, B.Ed., B.P.Ed., Law, Pharmacy, Polytechnic and other institutions, utilizing AI-based facial recognition technology for digital attendance authentication and management. The total number of institutions (approximately) covered under the scope is 3,900 and the total number of students / staff / users are around 1.3 million across the State of Andhra Pradesh.

RNIT AI Solutions (formerly known as Autopal Industries) offers a comprehensive suite of solutions that include Artificial Intelligence (AI) based Facial Identification System, Internet of Things (IoT), Data Analytics, Digital Transformation and Open-Source Enterprise Resource planning (Open source - ERP).