Happiest Minds Plans Merger, Eyes $1B Revenue by FY28
Happiest Minds announces proposed merger to form a larger IT services entity. The merger aims to accelerate growth towards $1B revenue by FY28. Source: ScoutQuest
Stock news timeline · HAPPSTMNDS
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23 Aug 2026 – 21 Sep 2026 · Times in IST
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Happiest Minds announces proposed merger to form a larger IT services entity. The merger aims to accelerate growth towards $1B revenue by FY28. Source: ScoutQuest
HDFC Securities downgraded Happiest Minds after ITC Infotech acquired a 22.1% stake. The deal avoids a mandatory open offer, raising concerns on management retention and integration. Source: NDTV Profit
HRTI Private Ltd bought 773,086 shares of Happiest Minds at avg price of 367.8. Source: NSE Bulk Trades
BNP Paribas sold 1,019,181 shares of Happiest Minds at ₹367.23/share. The transaction's total value was ₹37.4 crores, dated 2026-09-01. Source: ScoutQuest
ITC shares surged over 4% intraday following ITC Infotech's plan to acquire 22.1% of Happiest Minds Technologies. ITC Infotech will amalgamate with Happiest Minds and list shares on NSE/BSE, pending regulatory approvals. Source: Livemint
Happiest Minds to merge with ITC Infotech via share swap; ITC Infotech to buy ~22.1% promoter stake for ₹1,330 Cr. Combined FY26 revenue ~₹7,033 Cr; merger targets AI-led growth, broader market reach, and global presence with 19,000+ employees. Source: ScoutQuest
Happiest Minds clarified no disclosure is required on ITC Infotech's stake buy news. The company ensures prompt disclosure under SEBI Listing Regulations for all relevant events. Source: BSE
Happiest Minds says no disclosure needed on ITC Infotech promoter stake report. Company confirms adherence to all regulatory disclosure obligations. Source: Livesquawk
Polunin Emerging Markets Small Cap Fund LLC bought 8.3L shares of Happiest Minds at ₹429.9 each. Source: NSE Bulk Trades
Happiest Minds shares dropped 6% amid renewed ITC Infotech stake-sale speculation. Market awaits official confirmation on stake sale; concerns over leadership and strategy persist. Source: The Hindu Business Line
ITC Infotech may acquire a 22% stake in Happiest Minds. Talks are ongoing, as reported by CNBC Awaaz. Source: Livesquawk