Happiest Minds to merge with ITC Infotech in all-stock deal

Happiest Minds to merge with ITC Infotech in all-stock deal. The merger aims to create a stronger IT services entity with combined revenue of ₹2,100 crore and expanded global footprint. Shareholders of ITC Infotech will receive 1.25 shares of Happiest Minds for every share held. The move is expected to unlock synergies and enhance competitive positioning in digital transformation space.

📊 STOCKS: HAPPSTMNDS, ITCINFOTECH | 🏢 SECTOR: IT | #HIGHIMPACT #Merger