{"id":1032676,"date":"2026-09-02T09:05:55","date_gmt":"2026-09-02T03:35:55","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1032676"},"modified":"2026-09-02T09:31:26","modified_gmt":"2026-09-02T04:01:26","slug":"itc-infotech-to-acquire-22-1-stake-in-happiest-minds-for-rs-1330-crore","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/09\/02\/itc-infotech-to-acquire-22-1-stake-in-happiest-minds-for-rs-1330-crore\/","title":{"rendered":"ITC Infotech to acquire 22.1% stake in Happiest Minds for Rs 1,330 crore"},"content":{"rendered":"<p>Diversified conglomerate ITC Ltd on Monday said its wholly-owned subsidiary ITC Infotech will acquire a 22.1 per cent stake in Happiest Minds Technologies for around Rs 1,330 crore, as part of a deal which will lead to the merger of the two entities into a $1-billion tech giant. <\/p>\n<p>The acquisition of 3,36,61,700 equity shares will be made from Happiest Minds\u2019 promoter Ashok Soota and Ashok Soota Medical Research LLP in two tranches, ITC said in a regulatory filing. <\/p>\n<p>Following the stake purchase, Happiest Minds will be amalgamated with and into ITC Infotech.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Diversified conglomerate ITC Ltd on Monday said its wholly-owned subsidiary ITC Infotech will acquire a 22.1 per cent stake in Happiest Minds Technologies for around Rs 1,330 crore, as part of a deal which will lead to the merger of the two entities into a $1-billion tech giant. The acquisition of 3,36,61,700 equity shares will be made from Happiest Minds\u2019 promoter Ashok Soota and Ashok Soota Medical Research LLP in two tranches, ITC said in a regulatory filing. Following the stake purchase, Happiest Minds will be amalgamated with and into ITC Infotech.<\/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":[79,4,18],"tags":[],"class_list":["post-1032676","post","type-post","status-publish","format-standard","hentry","category-it-2-the-pioneer","category-newspapers","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1032676","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=1032676"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1032676\/revisions"}],"predecessor-version":[{"id":1032692,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1032676\/revisions\/1032692"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1032676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1032676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1032676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}