{"url":"https://newsforagent.com/news/2026-11-04/reliable-data-services-meditail-stake","markdown_url":"https://newsforagent.com/news/2026-11-04/reliable-data-services-meditail-stake.md","title":"Reliable Data Services Buys 40% Stake in Meditail for ₹100 Lakh","headline":"Reliable Data Services to Acquire 40% Stake in Reliable Meditail for ₹100 Lakh","description":"Reliable Data Services plans to buy 40% of Reliable Meditail for about ₹100 lakh, entering diagnostic services and pathology labs under the Reliable Diagnostic House brand.","section":"Mergers & Acquisitions","published_at":"2026-11-04T12:30:17+00:00","modified_at":"2026-11-04T12:30:17+00:00","author":"News Desk","key_takeaways":["Reliable Data Services plans to acquire a 40% equity stake in Reliable Meditail Private Limited for approximately ₹100 lakh.","Reliable Meditail operates diagnostic centres and pathology laboratories under the brand Reliable Diagnostic House.","The transaction was disclosed under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015."],"companies":[{"name":"Reliable Data services","is_primary":true,"profile_url":"https://akta.pro/company-profiles/003eezf/reliable-data-services","website":"http://www.rdspl.com"}],"source":{"publisher":"ScanX","title":"Reliable Data Services to acquire 40% stake in Meditail for ₹100 lakh","url":"https://scanx.trade/stock-market-news/companies/reliable-data-services-acquire-40-stake-meditail-100-lakh/55340008"},"other_sources":[],"tags":["Mergers & Acquisitions","Reliable Data services"],"body_markdown":"[Reliable](https://akta.pro/company-profiles/003eezf/reliable-data-services) Data Services Limited plans to acquire a 40% equity stake in Reliable Meditail Private Limited for approximately ₹100 lakh, entering the diagnostic services and healthcare sector. [ScanX](https://scanx.trade/stock-market-news/companies/reliable-data-services-acquire-40-stake-meditail-100-lakh/55340008) reported the intimation on November 4, 2026. Reliable Data Services is an Indian BPO firm headquartered in Noida that provides back-office transaction processing, HR and management services to enterprise clients. Reliable Meditail runs diagnostic centres, pathology laboratories and allied healthcare activities under the brand Reliable Diagnostic House.\n\n## Reliable Data's 40% Meditail Stake Terms\n\nThe total expected investment is approximately ₹100 lakh for the 40% equity stake, according to the filing. Reliable Data Services said the proposed investment is intended to expand business operations and explore new opportunities in healthcare. The company said it believes the diversification will provide operational synergies and contribute to long-term value creation for shareholders. The transaction was disclosed via an intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirms the company's intent to enter the diagnostic services sector through the minority stake.\n\n## Reliable Data's Subsidiaries and Field Network\n\nReliable Data Services has built out nine wholly-owned subsidiaries spanning technology, healthcare, real estate, investigations, education and agribusiness, according to akta.pro [company records](https://akta.pro/company-data). The same records show the company was founded in 2001 and lists on the National Stock Exchange under the symbol RELIABLE following an IPO in 2024. The company reports more than 2,500 field staff and over 300 locations across India. Its leadership includes Sanjay Pathak as Chairman and Managing Director, with Anil Jha, Rakesh Jha and Sandeep Jha as directors.\n\n## Fundraising Plans and AGM Preceding the Deal\n\nIn September 2026, Reliable Data Services' board was set to consider raising up to 2 billion rupees through allotment, qualified institutional placement and a rights issue, AInvest reported, with proceeds aimed at strengthening the company's financial position and supporting operational and strategic initiatives. ScanX reported that the company scheduled its 25th AGM for September 25, 2026, via video conferencing, with a record date of September 18, 2026. Fortune India placed Reliable Data Services at number 99 in its Emerging Companies 2026 ranking, according to a report dated August 30, 2026.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}