Development · 1 Sep 2026

ITC Infotech, a wholly-owned subsidiary of ITC Ltd, will merge with Happiest Minds Technologies after acquiring a 22.106% promoter stake for ₹1,330 crore, with the combined entity targeting $1 billion turnover by FY28.

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

The record

outlookbusiness.com1 Sep 2026

A single act of reporting so far, corroborating sources join this record as they publish.

ITC

₹255.90

▼ -2.61%

Close (EOD), as of 1 Oct 2026 · source

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More on ITC

ITC Infotech's merger with Happiest Minds highlights the trend of mid-market consolidation in response to AI advancements.

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30 Sep 2026 · 1 publisher

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27 Sep 2026 · 3 publishers

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23 Sep 2026 · 2 publishers

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