ITC to buy ~22.1% of Happiest Minds for ~₹1,330 crore
ITC, via ITC Infotech, will acquire about 22.1% of Happiest Minds for about ₹1,330 crore and merge it into ITC Infotech, using a 25:81 swap. ITC expects to hold about 73.4% as listings and approvals proceed.