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Happiest Minds stake sale: At 82, Ashok Soota’s next act is a ₹1,330 cr healthcare push
Ashok Soota is selling a significant stake in Happiest Minds Technologies for Rs 1,330 crore. These funds will support his medical research and healthcare ventures. ITC Infotech will acquire the stake as part of a merger plan. The combined entity aims for a USD 1 billion turnover by FY28. Soota will retain a minority stake after the merger completion.
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economictimes.indiatimes.com
ITC Infotech to acquire 22.1% stake in Happiest Minds for Rs 1,330 crore; firms to merge - The Economic Times
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…
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thehindubusinessline.com
ITC Infotech to acquire 22.1% stake in Happiest Minds for ₹1,329 crore
