Happiest Minds Shares Dive 11% on ITC Infotech Merger

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.