JV/AcquisitionAmalgamation/Merger
Happiest Minds Technologies is merging its wholly-owned subsidiary, Aureustech Systems, into the parent company.
Happiest Minds Technologies LimitedHAPPSTMNDS · Filed with the exchange
This aims to simplify management, cut costs, boost integration, and strengthen financial position through resource pooling and operational synergies.
Aureustech has a paid-up capital of ₹0.10 Cr and turnover of ₹10.38 Cr (as of June 30, 2025). Happiest Minds reports a paid-up capital of ₹30.45 Cr and turnover of ₹4,0241 Lakhs.
Since Aureustech is a wholly-owned subsidiary, no new shares will be issued, ensuring no change in Happiest Minds' shareholding.
The merger awaits statutory approvals.
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