AI-based Facial Recognition System (FRS) developed by the Company has been successfully implemented and rolled out across the State of Goa for the Directorate of Panchayats, under SAAS Model, through Goa Electronics Limited (a Government of Goa Company and a subsidiary of EDC Limited, a Government of Goa Undertaking).
It is the first time in the State of Goa that the Government has carried out a state-wide deployment and implementation of "NIYAMIT GOA", an advanced AI-driven, mobile app-based Facial Recognition Attendance System developed by RNIT under SAAS Model. The solution has been deployed across all Village Panchayats, Block Development Offices, the Directorate of Panchayats, and their sub-offices, enabling seamless, instant, and secure attendance authentication for employees across these offices.
Shares of Rnit Ai Solutions Limited was last trading in BSE at Rs. 60.99 as compared to the previous close of Rs. 56.32. The total number of shares traded during the day was 627264 in over 1162 trades.
The stock hit an intraday high of Rs. 61.99 and intraday low of 56.05. The net turnover during the day was Rs. 37850456.00.