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Incorporated in 2011, Happiest Minds Technologies Ltd is a next generation IT solutions & services Company
Happiest Minds Technologies has announced a proposed business combination with ITC Infotech, significantly accelerating its USD 1 billion revenue target from FY31 to FY28. The transaction involves promoter stake divestment across two tranches for ₹1,330 Cr, alongside a merger scheme where shareholders will receive 25 shares of ITC Infotech for...
Happiest Minds Technologies has uploaded the audio recording of its Analyst Call on its website. Investors can access this resource for management insights and updates on business developments.
Happiest Minds' promoters sold a 22.11% stake to ITC Infotech for ₹1,329.72 Cr. The Board approved a merger with ITC Infotech. Happiest Minds' shareholders will receive 25 ITC Infotech shares (₹10 FV) for every 81 of their shares, with ITC Infotech listing post-merger.
Happiest Minds' promoter sold a 22.11% stake for ₹1,329.72 Cr to ITC Infotech. The board also approved a merger where Happiest Minds will be absorbed by ITC Infotech. Shareholders get 25 ITC Infotech shares for every 81 Happiest Minds shares. ITC Infotech shares will be listed.
Happiest Minds' promoters sold 22.11% stake to ITC Infotech for ₹1329.72 Cr. Additionally, Happiest Minds' Board approved merging with ITC Infotech. Shareholders will receive 25 ITC Infotech shares for every 81 Happiest Minds shares, aiming for enhanced synergy and scale.