Response Informatics jumps on getting nod to acquire remaining 33.3% stake in Datalabs AI
Response Informatics is currently trading at Rs. 19.01, up by 0.51 points or 2.76% from its previous closing of Rs. 18.50 on the BSE.
The scrip opened at Rs. 18.00 and has touched a high and low of Rs. 19.01 and Rs. 18.00 respectively. So far 206 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 42.61 on 18-Nov-2025 and a 52 week low of Rs. 18.00 on 31-Jul-2026.
Last one week high and low of the scrip stood at Rs. 20.00 and Rs. 18.00 respectively. The current market cap of the company is Rs. 16.06 crore.
The promoters holding in the company stood at 53.04%, while Non-Institutions held 46.96% stake in the company.
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.
