Response Informatics has received approval for the acquisition of the remaining 33.3% equity share capital of Datalabs AI, comprising 3,330 equity shares of Rs 10 each, from the existing shareholder at Face Value for an aggregate consideration of Rs 33,300 thereby increasing the company’s shareholding from 66.70% to 100%.
The acquisition of balance equity to consolidate full ownership, making Datalabs AI a Wholly Owned Subsidiary (WOS) to streamline operations and fully integrate its AI capabilities into the company's core technology footprint. The Board of Directors of the company in its meeting held on August 13, 2026 has approved the same.
Response Informatics is committed to the business of providing high end Information technology solutions. The company strives to stay one step ahead of expectations and deliver utmost value to all its customers, ensuring total client satisfaction.
| Company Name | CMP |
|---|---|
| TCS | 2359.00 |
| Infosys | 1169.05 |
| HCL Technologies | 1360.00 |
| Wipro | 183.80 |
| Tech Mahindra | 1634.70 |
| View more.. | |
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