RNIT AI Solutions Limited receives NoA from APTS

RNIT AI Solutions Limited has received a Notification of Award (NoA) from Andhra Pradesh Technology Services Limited (APTS) for the Design, Deployment and Integration of an AI-Based Multilingual Interview Platform with Conversational Job Preparation Platform for Andhra Pradesh State Skill Development Corporation [APSSDC].

Key Highlights of the Award

- First-of-its-kind Generative AI (GenAI) solution being implemented in the Government of Andhra Pradesh's Skill Development ecosystem.

- RNIT AI Solutions Limited has been declared L1 bidder through an open competitive bidding process conducted by APTS.

- The platform will be deployed as part of the Naipunyam Unified Skill Development Portal, directly impacting large-scale employability and skill enhancement across the state.

- Commercials are based on a usage-linked SaaS / pay-per-minute usage model.

About the Project

The project involves deployment of NIA - RNIT's proprietary Conversational GenAI engine suite, featuring:

- Multilingual conversational AI agents.
- AI-driven interview simulations.
- Real-time feedback and skill gap analysis.
- Advanced GenAI algorithms for candidate assessment and employability readiness.

This marks a significant milestone not only for RNIT AI Solutions Limited but also for GenAI adoption in Indian state governments, positioning the Company as a pioneer in government-scale GenAI deployments.

Strategic Significance

The award:

- Strengthens RNIT's leadership in AI-led governance and skill-tech platforms
- Opens pathways for replication across other Indian states and international markets
- Reinforces RNIT's SaaS-driven, scalable revenue model in the public sector
- Enhances long-term visibility of high-margin AI algorithm revenues

The Company is currently in the process of completing formal contract execution, including submission of the requisite Performance Security, as per the terms of the Notification of Award.

This landmark project represents a significant strategic milestone for RNIT AI Solutions Limited and underscores the Company's capabilities as a GenAI transformation leading partner for government-led initiatives.

Shares of Rnit Ai Solutions Limited was last trading in BSE at Rs. 40.87 as compared to the previous close of Rs. 44.73. The total number of shares traded during the day was 465893 in over 2415 trades.

The stock hit an intraday high of Rs. 45.74 and intraday low of 37.00. The net turnover during the day was Rs. 18970303.00.

Source : Equity Bulls

Keywords

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