Board Meeting13 Aug 2026, 07:21 pm
Response Informatics Declares Unaudited Q1 FY27 Results, Acquires Datalabs AI
AI Summary
Response Informatics Ltd announced its unaudited financial results for the first quarter ended June 30, 2026, both standalone and consolidated. The company also approved the acquisition of the remaining 33.3% equity share capital of Datalabs AI Private Limited for ₹33,300. This acquisition increases Response Informatics' shareholding to 100%, making Datalabs AI a wholly-owned subsidiary. The board meeting where these decisions were made commenced at 5:00 PM and concluded at 7:00 PM on August 13, 2026. The limited review report for the financial results is enclosed as Annexure-I.
Key Highlights
- Unaudited financial results for Q1 FY27 declared (standalone & consolidated).
- Acquisition of remaining 33.3% stake in Datalabs AI approved.
- Datalabs AI Private Limited becomes a wholly-owned subsidiary.
- Aggregate consideration for Datalabs AI acquisition is ₹33,300.
- Board meeting held on August 13, 2026, approved key decisions.
Price Impact
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