Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015 ('Listing Regulations') as amended from time to time, Response Informatics has informed that the Board of Directors of Response Informatics at their meeting held on Thursday, July14th, 2022, considered and approved the: Recommendation of Audit Committee to acquire the Technologia Corporation, NJ, USA for a consideration of USD 300,000. The mode of discharge of consideration is on cash payment basis. The disclosures pertaining to this acquisition, pursuant to provisions of Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is annexed herewith as Annexure A to this outcome, The recommendations of Nomination & Remuneration Committee on issuance of ESOPS (Employee Stock Options) to employees. The meeting commenced at 5pm and concluded at 11pm.
The above information is a part of company’s filings submitted to BSE.
