Happiest Minds Technologies Limited — Updates, 31-08-2026: Press Release (Revised)

Happiest Minds is merging with ITC Infotech to create an AI-first global tech services firm, targeting US$1 billion annual revenue by FY28. The combined entity would have ~₹7,033 Cr FY26 revenue and serve 800+ customers, enhancing capabilities in digital, AI, and enterprise solutions. ITC Infotech will acquire a ~22.1% stake for ₹1,330 Cr.