Happiest Minds shares fell 12.2% after ITC Infotech announced plans to buy a 22.1% stake and merge with the IT services provider.

The acquisition of 3,36,61,700 equity shares will be made from Happiest Minds' promoter Ashok Soota and Ashok Soota Medical Research LLP in two tranches, ITC said in a regulatory…

Happiest Minds will sell a 22.1% promoter stake to ITC Infotech for ₹1,329 crore and merge with the company under a share-swap deal.

ITC Infotech will merge with Happiest Minds Technologies creating a significant IT services entity. This merger aims to establish an AI-first enterprise with a substantial…

Happiest Minds shares fell 12.2% after ITC Infotech announced plans to buy a 22.1% stake and merge with the IT services provider.

Happiest Minds shares fell 10.54% after promoters agreed to sell a 22.106% stake to ITC Infotech, which also plans to merge with the company.