RNIT AI Solutions Soars After Partnering With Saudi-Based Ajnihat Alnajah Group

New Delhi, 24 November (Udaipur Kiran): RNIT AI Solutions surged over 8 percent on Monday after announcing a strategic partnership with Ajnihat Alnajah Group LLC, a Saudi-based digital transformation company. The stock was trading at Rs 63.00 on the BSE, up 8.53 percent from its previous close of Rs 58.05.

The scrip opened at Rs 61.00 and touched an intraday high of Rs 63.49 and a low of Rs 60.31. A total of 4,72,201 shares were traded during the session. The BSE group ‘X’ stock, with a face value of Rs 10, has recorded a 52-week high of Rs 71.00 on November 11, 2025, and a 52-week low of Rs 42.57 on October 30, 2025. Over the last week, the stock traded between Rs 63.49 and Rs 52.02. The company’s current market capitalisation stands at Rs 458.10 crore.

Promoters hold 73.74 percent of the company, while institutional investors hold 0.06 percent and non-institutional investors 26.19 percent.

RNIT AI Solutions said the partnership — valued at $3 million — marks its formal entry into the GCC region. Both companies will collaborate to pursue digital transformation opportunities across Saudi Arabia and other GCC markets.

Under the agreement, RNIT will bring its expertise in AI-driven governance platforms, enterprise automation, facial recognition, generative AI, conversational AI, IoT-based industrial systems and open-source digital transformation frameworks. Ajnihat Alnajah Group will offer on-ground market knowledge, customer engagement support and regional business development capabilities.

The collaboration will initially focus on key RNIT offerings such as the Faceify ERP Identification Suite for enterprises and educational institutions, RNIT-NIA AI platforms, open-source transformation systems, predictive analytics solutions and AI-based decision-support tools. Both companies will also explore knowledge-sharing and co-innovation opportunities, subject to regulatory guidelines.

RNIT AI Solutions, formerly Autopal Industries, provides AI-based facial identification systems, IoT solutions, data analytics platforms, digital transformation services and open-source ERP systems.

Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.

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