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ITC Infotech Reportedly in Talks to Buy About 22% of Happiest Minds

ITC logoITC
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Happiest Minds Technologies logoHappiest Minds Technologies
Sig2.32Sen-2.82Env0.00Soc0.00Gov-0.72

Happiest Minds shares fell sharply after reports that ITC Infotech may buy about 22% from the company’s promoters, potentially through a share swap and open offer for public shareholders. The deal, reportedly priced at ₹390–₹400 per share, could later trigger a change in control and possible delisting. The report follows Happiest Minds’ June-quarter growth.

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