Happiest Minds to merge with ITC Infotech; Soota-led promoter group to sell 22.1% stake for over Rs 1,300 cr
- ITC Infotech to acquire majority stake in Happiest Minds.
- Deal strengthens ITC Infotech's digital capabilities.
- Founder Ashok Soota selling his stake
More details
https://moneycontrol.com/news/business/information-technology/happiest-minds-to-merge-with-itc-infotech-soota-led-promoter-group-to-sell-22-1-stake-for-over-rs-1300-cr-14019129.html
Moneycontrol
Happiest Minds to merge with ITC Infotech; Soota-led promoter group to sell 22.1% stake for over Rs 1,300 cr- Moneycontrol.com
The acquisition will be followed by a scheme of amalgamation under which Happiest Minds will be merged into ITC Infotech, subject to statutory and regulatory approvals.
August 31, 2026 5.8K 14
