Happiest Minds Technologies Limited — JV/Acquisition, 20-02-2026: Amalgamation/Merger

Happiest Minds Technologies is progressing with the amalgamation of its wholly-owned subsidiary, Aureustech Systems Private Limited. The National Company Law Tribunal (NCLT), Bengaluru Bench, has issued a key order, granting dispensation from holding shareholder and creditor meetings for both companies. This streamlines the merger process significantly. As Aureustech is a wholly-owned subsidiary, this amalgamation represents an internal restructuring and is not expected to cause any shareholding dilution for existing Happiest Minds investors. This move aims to simplify the corporate structure.