BusinessPhoto: Business StandardHappiest Minds-ITC Infotech Merger On Track, Listing Expected in One Year
Happiest Minds confirmed its merger with ITC Infotech is progressing well, with listing and trading of the combined entity's securities expected within a year. The merger has board and shareholder approval, pending Competition Commission of India (CCI) clearance and reviews by SEBI and exchanges. Managing Director Venkatraman Narayanan expects CCI and SEBI approvals by November, followed by NCLT and final shareholder approval. ITC will hold a 73.4% stake in the ₹1,330 crore deal.
Business Standard·



