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Incorporated in 2011, Happiest Minds Technologies Ltd is a next generation IT solutions & services Company
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.