
Acquisitions13 Feb 2026, 08:53 pm
Response Informatics Ltd Acquires Remaining Stake in Datalabs AI, Reports Q3 and Nine Months Financial Results
AI Summary
Response Informatics Ltd has approved the acquisition of the remaining 33.3% stake in Datalabs AI Private Limited, making it a wholly owned subsidiary. The company's board also considered and approved the un-audited financial results for the third quarter and nine months ended on December 31, 2025. Datalabs AI reported a turnover of Rs. 10,00,162 for the financial year 2024-25. The acquisition is a related party transaction and is being done at arm's length. The transaction is expected to be completed in 2 months, with a cash consideration. The company's earnings per share (EPS) for the quarter and nine months ended 31st December 2025 are not provided in the statement.
Key Highlights
- Response Informatics Ltd acquires remaining 33.3% stake in Datalabs AI
- Datalabs AI to become a wholly owned subsidiary of Response Informatics Ltd
- Un-audited financial results for Q3 and nine months ended on December 31, 2025 approved
- Datalabs AI reported a turnover of Rs. 10,00,162 for the financial year 2024-25
- Transaction is a related party transaction and is being done at arm's length
Price Impact
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