Birlasoft surges 12%, hits new high after pact with Regulativ.ai

The CK Birla Group company has partnered with 'Regulativ.ai' to co-develop a new AI/ML-based cyber-regulatory reporting platform

Birlasoft shares surged 12 per cent to hit a new high of Rs 421 on the BSE in intra-day trade on Wednesday after the CK Birla Group company partnered with 'Regulativ.ai', to co-develop a new AI/ML-based cyber-regulatory reporting platform.

Digital transformation has unleashed a high volume of cyber threats, making cybersecurity and compliance a top priority for CXOs, and making it critical for businesses to ensure their cyber-regulatory compliance roadmap is in place, Birlasoft said in a press release.

In alignment with Birlasoft’s strategy to ensure customers realize utmost value from their digital transformation initiatives, the co-developed platform