BSE grants no-objection to re-classification of three Promoter Group members to Public

Rnit Ai Solutions Ltd.

Tue 6 Oct 2026

Persons Reclassified

three persons from the 'Promoter and Promoter Group' category of the company to 'Public'

BSE No-Objection Letter Date

06th October 2026

Company Application Date

August 03, 2026

What the company informed the exchange

• Rnit Ai Solutions Ltd has informed BSE that BSE, by its letter dated 06th October 2026, has granted no-objection to the application for re-classification of three persons from the category of 'Promoter and Promoter Group' of the Company to 'Public'.
• The three persons are Mr. Vivek Kumar Ratakonda, Mr. Venkateswara Prasad Ratakonda and Mr. Vinayak Talwar.
• The application to BSE was dated August 03, 2026, and the company states this is in furtherance to its disclosures made on 24th July 2026, 29th July 2026 and 03rd August 2026.
• The re-classification is under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
• A copy of the no-objection letter received from BSE is enclosed with the update and will also be made available on the company's website, www.rnit.ai.

What re-classification means

• Shareholders of a listed company are broadly grouped into two buckets: promoters and promoter group, and public.
• Re-classification moves a person from one bucket to the other. Here, the three named individuals move out of the 'Promoter and Promoter Group' category into the 'Public' category.
• This is a change of category. By itself, it does not mean that any shares have been bought or sold.

Why investors keep an eye on this

• Once re-classified, the shares held by these persons are counted as part of public shareholding. That changes the split between promoter holding and public holding shown in the shareholding pattern.
• Such re-classification is generally sought when the persons concerned are no longer part of the promoter group in the sense the rules require.
• BSE has asked the company to ensure compliance with subsequent disclosures of material events related to this reclassification.

In short

• BSE has granted no-objection for the re-classification of three persons named in the update from the promoter and promoter group category to public.
• The change is a shift in how their holding is classified, and the follow-through to watch is how the shareholding pattern reflects it.

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