{"id":1032417,"date":"2026-09-01T08:36:02","date_gmt":"2026-09-01T03:06:02","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1032417"},"modified":"2026-09-01T09:24:55","modified_gmt":"2026-09-01T03:54:55","slug":"itc-buys-happiest-minds-plans-merger-and-stock-market-listing-to-build-usd-1-billion-firm","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/09\/01\/itc-buys-happiest-minds-plans-merger-and-stock-market-listing-to-build-usd-1-billion-firm\/","title":{"rendered":"ITC buys Happiest Minds , plans merger and stock market listing to build USD 1 billion firm"},"content":{"rendered":"<p>ITC Infotech is set to acquire a 22.1 per cent stake in Ashok Soota-promoted Happiest Minds Technologies Ltd for \u20b91,329.71 crore, merge the two companies and list the combined entity on the bourses in its quest to become a $1 billion enterprise by 2028. <\/p>\n<p>The transaction will lead to unlisted Calcutta-registered ITC Infotech, the wholly-owned subsidiary of conglomerate ITC Ltd, becoming a listed entity after the scheme of amalgamation, unlocking value for ITC shareholders who had been seeking a stock market debut for the IT arm.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ITC Infotech is set to acquire a 22.1 per cent stake in Ashok Soota-promoted Happiest Minds Technologies Ltd for \u20b91,329.71 crore, merge the two companies and list the combined entity on the bourses in its quest to become a $1 billion enterprise by 2028. The transaction will lead to unlisted Calcutta-registered ITC Infotech, the wholly-owned subsidiary of conglomerate ITC Ltd, becoming a listed entity after the scheme of amalgamation, unlocking value for ITC shareholders who had been seeking a stock market debut for the IT arm.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[83,4,22],"tags":[],"class_list":["post-1032417","post","type-post","status-publish","format-standard","hentry","category-it-2-the-telegraph","category-newspapers","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1032417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1032417"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1032417\/revisions"}],"predecessor-version":[{"id":1032418,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1032417\/revisions\/1032418"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1032417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1032417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1032417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}