Appointment of M/s. M S P R & Co., Chartered Accountants, (FRN: 010152S), Hyderabad, as the Statutory Auditors of the Company for a term of five years, commencing from the financial year ....
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Awaiting price reaction for this filing.
RNIT AI Solutions Ltd's board, at its December 6, 2025 meeting, approved the appointment of M/s. M S P R & Co. (FRN: 010152S, Hyderabad) as Statutory Auditors and M/s. MVK & Associates as Secretarial Auditors, both for a five-year term covering FY 2025-26 to FY 2029-30, pending shareholder approval. Separately, Mrs. Neelima Nandigam (DIN: 8430112) was re-designated from Executive Director to Non-Executive Director effective the same date. Mrs. Nandigam is related to the Managing Director, Mr. Raja Srinivas Nandigam, and holds a 6.43% stake in the company (48,12,500 equity shares). The change in designation is also subject to shareholder approval at the upcoming AGM.
These are largely routine governance actions — the auditor appointments appear to be standard regulatory rotations. The shift of a promoter-family director from an executive to a non-executive role may signal an internal management reshuffle but is not a negative event on its own. No material price-moving catalyst is evident from this filing.