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ITC Infotech to acquire 22.1% stake in Happiest Minds for Rs 1,330 crore; firms to merge - The Economic Times
ET had first reported on March 20 about ITC Infotech potentially looking to pick a stake in Happiest Minds. On August 29, ET reported details of the proposed transaction, including a merger through a share swap that will effectively result in the backdoor listing of ITC Infotech.
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ITC Infotech set to acquire Happiest Minds, eyes backdoor listing - The Economic Times
https://economictimes.indiatimes.com/tech/information-tech/itc-infotech-set-to-acquire-happiest-minds-eyes-backdoor-listing/articleshow/133599329.cms
Soota’s Happiest Minds to merge with ITC Infotech - The Times of India
https://timesofindia.indiatimes.com/business/india-business/sootas-happiest-minds-to-merge-with-itc-infotech/articleshow/133665941.cmsHappiest Minds-ITC Infotech merger driven by AI revenue pressure: Experts - The Economic Times
https://economictimes.indiatimes.com/tech/information-tech/happiest-minds-itc-infotech-merger-driven-by-ai-revenue-pressure-experts/articleshow/133691433.cmsITC shares rise 5%; Happiest Minds falls 8% after FMCG major acquires IT firm. What shareholders must know - The Economic Times
https://economictimes.indiatimes.com/markets/stocks/news/itc-shares-rise-5-happiest-minds-falls-8-after-fmcg-major-acquires-it-firm-what-shareholders-must-know/articleshow/133668759.cmsHappiest Minds stake sale: At 82, Ashok Soota’s next act is a ₹1,330 cr healthcare push - The Economic Times
https://economictimes.indiatimes.com/news/company/corporate-trends/happiest-minds-stake-sale-at-82-ashok-sootas-next-act-is-a-1330-cr-healthcare-push/articleshow/133680841.cms