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The firm announced upfront payment of Rs 635 Crores at closing, with a potential additional Rs 144 Crores upon meeting FY25 performance targets. The acquisition is expected to close by May 31.

Happiest Minds in focus after buying 100% stake in PureSoftware Tech

Kotak Institutional Equities' analysts believe that the client budgets may not change materially, but AI projects will see higher allocation

AI set to transform Indian IT industry, but market oblivious to risks: Kotak Equities

Happiest Minds Technologies Ltd. engages in the provision of information technology (IT) services. It includes agile infrastructure, data management, digital transformation, managed infrastructure and safety, product engineering, IT security and web technologies. It operates through the following segments: Infrastructure Management & Security Services (IMSS), Digital Business Solutions (DBS), and Product Engineering Services (PES). The IMSS segment delivers integrated end-to-end infrastructure and security solutions with specialization in cloud, virtualization and mobility across a multitude of industry verticals and geographies The DBS segment offers enterprise applications and customized solutions that enable organizations to be smarter and accelerate business transformation. The PES segment assists software product companies in building robust products and services that integrate mobile, cloud, and social technologies. The company was founded by Joseph Anantharaju, Ramakanth Desai, Salil Godika, Vikram Gulati, Puneet Jetli, Aurobinda Nanda, Prasenjit Saha, Dattatri Salagame, Raja Sekher, Raja Shanmugam, Ashok Soota, and K. Venkatesan in April 2011 and is headquartered in Bangalore, India.

Happiest Minds Technologies Ltd.

Volume	301,864.00
52-Wk High	1,023.00
52-Wk Low	741.00

HAPPSTMNDS.NSE Happiest Minds Technologies Ltd.

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