Development · 30 Aug 2026

ITC Infotech is set to acquire a controlling stake in listed software services firm Happiest Minds Technologies from founder Ashok Soota for 2,800-2,900 crore in a combination of cash and stock.

1 publisher has reported this development. Each act of reporting is below, cited.

The record

indiatimes.com28 Aug 2026

ITC Infotech is set to acquire a controlling stake in Happiest Minds Technologies from founder Ashok Soota for Rs 2,800-2,900 crore, with the deal triggering an open offer for another 26% stake and potentially followed by a reverse merger.

indiatimes.com29 Aug 2026

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