Annual Report for the financial year 2024-25.
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RNIT AI Solutions Limited has submitted its Annual Report for FY 2024-25 along with the Notice of its 1st Annual General Meeting (Post Relisting) scheduled for 29th December 2025 at 2:00 PM via video conferencing. The company reported Revenue from Operations of ₹3,222.59 lakhs, Total Income of ₹3,228.26 lakhs, and a Profit After Tax of ₹720.94 lakhs, marking a strong improvement over the previous year. Key developments include the acquisition of Autopal through the NCLT resolution process, the deployment of facial recognition and AI-based governance platforms across multiple states, and recognition through the National e-Governance Award and Prime Minister's Excellence Award. The AGM includes resolutions to appoint statutory auditors M/s. M S P R & Co. for a 5-year term, re-appoint Mrs. Neelima Nandigam, appoint Mr. Raja Srinivas Nandigam as Managing Director, and induct several new directors and independent directors.
For shareholders, this is a routine annual reporting compliance filing. The strong PAT of ₹720.94 lakhs and stable revenue suggest improving financial health post the Autopal acquisition. Shareholders should review the AGM notice items, particularly the appointment of Managing Director with ₹1.88 crore annual remuneration and the induction of multiple new directors, as these require shareholder approval at the upcoming AGM.