🔥 ITC: ITC INFOTECH TO ACQUIRE 22.1% IN HAPPIEST MINDS
💰 ITC Infotech to acquire 22.1% stake in Happiest Minds for ~₹1,330 Cr.
🤝 Happiest Minds will then be merged with ITC Infotech, subject to approvals.
📊 Happiest Minds shareholders to receive 25 ITC Infotech shares for every 81 shares held.
📈 ITC Infotech to be listed on BSE & NSE post-merger.
🎯 Combined entity targets $1 billion revenue by FY28.
🌐 Combined workforce: 19,000+ professionals.
2August 31, 2026 1K 2