Business Today reported that Happiest Minds shares declined 11 percent and approached their listing price. The decline followed the company's announcement of a proposed merger with ITC Infotech Ltd. The transaction includes ITC Infotech first acquiring a 22.1 percent stake in Happiest Minds from Ashok Soota-led interests. The article frames the drop as raising buy, sell or hold questions for shareholders amid focus on the merger plan.
7.3K
2 posts, first seen 4d ago
Stock falls after company announces proposed merger with ITC Infotech.
Business Today reported that Happiest Minds shares declined 11 percent and approached their listing price. The decline followed the company's announcement of a proposed merger with ITC Infotech Ltd. The transaction includes ITC Infotech first acquiring a 22.1 percent stake in Happiest Minds from Ashok Soota-led interests. The article frames the drop as raising buy, sell or hold questions for shareholders amid focus on the merger plan.
Business Today@business_today#MarketToday | Happiest Minds shares dive 11% to near listing price; ITC Infotech merger plan in focus: Buy, sell or hold? https://ow.ly/Ah5a106E1G2
Economic Times@EconomicTimesITC Infotech to acquire 22.1% stake in Happiest Minds for Rs 1,330 crore; firms to merge
Business Today@business_today#MarketToday | Happiest Minds shares dive 11% to near listing price; ITC Infotech merger plan in focus: Buy, sell or hold? https://ow.ly/Ah5a106E1G2
Economic Times@EconomicTimesITC Infotech to acquire 22.1% stake in Happiest Minds for Rs 1,330 crore; firms to merge
