Happiest Minds Technologies Limited has informed the Exchange about Copy of Newspaper Publication
HAPPSTMNDS · price
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Happiest Minds Technologies has shared copies of a newspaper advertisement published on March 13, 2026, in compliance with an NCLT order dated March 6, 2026. The publication is in connection with the proposed amalgamation of its wholly owned subsidiary, Aureustech Systems Private Limited (Transferor Company), with Happiest Minds itself (Transferee Company), under Sections 230-232 of the Companies Act, 2013. The ad was published in Financial Express (English) and Vishwavani (regional language). This follows earlier disclosures on the scheme made on July 29, 2025 and February 20, 2026.
This is a procedural compliance step required by the NCLT and SEBI in the ongoing merger process. Since Aureustech is already a wholly owned subsidiary, the amalgamation is not expected to dilute shareholder value or change the company's shareholding structure. No immediate impact on stock price is expected from this filing.