ITC Acquires Happiest Minds: Major Merger in IT Sector

ITC is set to acquire a 22.1% stake in Happiest Minds Technologies for ₹1,330 crore, marking a significant merger in the IT sector. This strategic move will allow ITC Infotech shareholders to receive 25 shares for every 81 shares of Happiest Minds they own. The merger aims to enhance ITC's presence in the technology landscape, further diversifying its portfolio.

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