ITC Infotech to Acquire 22.1% Stake in Happiest Minds for ₹1,330 Crore

ITC Infotech has announced a strategic merger with Happiest Minds, involving the acquisition of a 22.1% stake from the promoter group for ₹1,330 crore.

The deal, led by the Soota-led promoter group, aims to consolidate market presence and leverage synergies between the two IT services firms.

Market analysts are closely watching the merger, which is expected to facilitate a backdoor listing for ITC Infotech through the integration process.