StockWatch
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Software Products
Acquisitions13 Aug 2026, 08:11 pm

Response Informatics Acquires Remaining 33.3% of Datalabs AI

AI Summary

Response Informatics Ltd announced the acquisition of the remaining 33.3% equity share capital of Datalabs AI Private Limited for an aggregate consideration of ₹33,300 at face value. This acquisition increases Response Informatics' shareholding from 66.70% to 100%, making Datalabs AI a wholly-owned subsidiary. The board also reviewed the unaudited financial results for the first quarter ended June 30, 2026. The transaction was approved during the board meeting held on August 13, 2026.

Key Highlights

  • Response Informatics acquires full control of Datalabs AI.
  • Acquisition cost is ₹33,300 for the remaining 33.3% stake.
  • Datalabs AI becomes a wholly-owned subsidiary.
  • Unaudited Q1 FY27 results were also reviewed.
  • Transaction aligns with SEBI Listing Obligations and Disclosure Requirements.