ITC Infotech to acquire 22.1% stake in Happiest Minds for Rs 1,330 crore; firms to merge
ET had first reported on March 20 about ITC Infotech potentially looking to pick a stake in Happiest Minds. On August 29, ET reported details of the proposed transaction, including a merger through a share swap that will effectively result in the backdoor listing of ITC Infotech.
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