Informed Technologies India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 27, 2016 has accorded its approval for investment in Entecres Labs Private Limited, a Company incorporated under the Companies Act, 1956 and having its registered office at House no RZ D-30 B, Dabri Extension East, New Delhi - 110045. Further, the board has delegated authority to Mr. Gautam Khandelwal, Chairman of the Company to accept the offer letter and for future correspondence for the said investment.