Board Meeting13 Aug 2026, 07:22 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 in Datalabs AI to 100%, making it a wholly-owned subsidiary. The Board of Directors considered these and other businesses in a meeting held on August 13, 2026. The limited review report for the financial results is also enclosed.
Key Highlights
- Unaudited standalone and consolidated financial results for Q1 FY27 declared.
- Acquisition of remaining 33.3% stake in Datalabs AI Private Limited approved.
- Datalabs AI Private Limited to become a wholly-owned subsidiary.
- Aggregate consideration for Datalabs AI acquisition is ₹33,300.
- Board meeting held on August 13, 2026, to approve results and acquisition.
Price Impact
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