Happiest Minds Technologies Ltd (HAPPSTMNDS) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Happiest Minds Technologies Ltd on NSE and BSE, with an AI summary of each filing.
Communication to Shareholders - Financial Results for the quarter and half year ended September 30, 2026
Others (Uncategorized) · 05 Nov 2026, 12:33 am
Happiest Minds Reports Q2 FY27 Results and Progress on ITC Infotech Merger Happiest Minds reported Q2 FY27 operating revenue of ₹645 crore (₹64,543 lakhs), up 12.5% YoY and 2.7% QoQ, with constant currency growth of 6.8% YoY and 2.4% QoQ. Operating profit rose 22.4% YoY to ₹119.1 crore as operating margin expanded 100 bps QoQ to 18.5%. Adjusted PAT stood at ₹79.1 crore with an adjusted EPS of ₹5.25. The board declared an interim dividend of ₹3.05 per share. Management reiterated its FY27 constant currency revenue growth guidance of 12.5% and targets US$1 billion in combined annual revenue by FY28 post-ITC Infotech merger.
Audio recording of earnings call for the quarter and half year ended September 30, 2026
Audio / Video · 03 Nov 2026, 11:16 pm
Happiest Minds Technologies Releases Q2 & H1 FY27 Earnings Call Audio Recording Happiest Minds Technologies has made available the audio recording of its earnings conference call held on 3rd Nov'26. The call discussed the company's financial performance for the second quarter and half year ended 30th Sep'26. In compliance with SEBI LODR Regulations, the complete audio recording has been uploaded to the company's official investor relations portal.
Intimation of Record Date for Interim Dividend
Dividend · 03 Nov 2026, 5:08 am
Happiest Minds Technologies Sets Record Date for FY27 Interim Dividend Happiest Minds Technologies has fixed Friday, 6th Nov'26 as the record date to determine eligible equity shareholders for the payment of its interim dividend for FY26-27. The corporate action applies to all fully paid-up equity shares of face value Rs. 2 each listed on the BSE (543227) and NSE (HAPPSTMNDS). Entitlement will be based on beneficial ownership records maintained by depositories and the company's register of members as of the close of the record date.
Earnings Presentation on the Financial Results of Q2 FY27
Investor Presentation · 03 Nov 2026, 5:04 am
Happiest Minds Q2 FY27 Results: Solid YoY Growth and Progress on ITC Infotech Merger Happiest Minds Technologies reported Q2 FY27 revenue of ₹64,543 lakhs, up 2.7% QoQ and 12.5% YoY. EBITDA rose 18.1% YoY to ₹14,204 lakhs with a 21.3% margin, while operating margin expanded to 18.5%. PAT grew 15.1% YoY to ₹6,219 lakhs, and adjusted PAT reached ₹7,911 lakhs (+20.7% YoY). Active clients reached 311 with 95.1% repeat business. The proposed ITC Infotech merger, announced 31st Aug'26, targets US$1B combined revenue by FY28, with listing expected by Nov'27.
Press Release on the Financial results of Q2 for FY27
Press Release · 03 Nov 2026, 4:52 am
Happiest Minds Reports Q2 FY27 Results With Strong Operating Margin Expansion Happiest Minds reported Q2 FY27 revenue of ₹64,543 lakhs, up 12.5% YoY (2.7% QoQ) and 6.8% YoY in constant currency, with US$ operating revenue reaching $67.4 million (up 3.6% YoY). Operating margin grew 22.4% YoY to ₹11,911 lakhs (18.5% margin), while adjusted PAT rose 20.7% YoY to ₹7,911 lakhs with adjusted EPS of ₹5.25. The board declared an interim dividend of ₹3.05 per share (record date 6th Nov'26). Management reiterated progress on its ITC Infotech merger, targeting $1 billion annual revenue by FY28.
Outcome of Board Meeting dated November 2, 2026
Outcome · 03 Nov 2026, 4:42 am
Happiest Minds Reports Q2 FY27 Results and Interim Dividend Happiest Minds reported consolidated revenue from operations of ₹64,543 lakhs for Q2 FY27, rising 2.7% QoQ and 12.5% YoY (2.4% QoQ and 6.8% YoY in constant currency). Operating margin reached ₹11,911 lakhs (18.5%), up 22.4% YoY. Net profit stood at ₹6,219 lakhs, while adjusted PAT rose 20.7% YoY to ₹7,911 lakhs with an adjusted EPS of ₹5.25. The board declared an interim dividend of ₹3.05 per share with a record date of 6th Nov'26, payable from 17th Nov'26. Progress continues on its proposed merger with ITC Infotech.
Happiest Minds Technologies Limited has submitted to the Exchange, the financial results for the Quarter and Half Year ended September 30, 2026
Outcome · 03 Nov 2026, 4:37 am
Happiest Minds Technologies Reports Q2 FY27 Results and Interim Dividend Happiest Minds reported consolidated revenue of ₹64,543 lakhs for Q2 FY27, up 2.7% QoQ and 12.5% YoY (2.4% QoQ and 6.8% YoY in CC). EBITDA stood at ₹14,204 lakhs with a 21.3% margin, while operating margin expanded to 18.5% (₹11,911 lakhs). Net profit was ₹6,219 lakhs (adjusted PAT at ₹7,911 lakhs, up 20.7% YoY) with adjusted EPS of ₹5.25. The board declared an interim dividend of ₹3.05 per share (record date 6th Nov'26). The proposed ITC Infotech merger remains on track for FY28 US$1B revenue targets.
Financial Results For The Quarter and Half Year Ended September 30, 2026
Financial Result · 03 Nov 2026, 4:30 am
Happiest Minds Technologies Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Lakh) ■ Revenue: 64,543 (+12.5% YoY | +2.7% QoQ) ■ EBITDA: 12,148 (+23.1% YoY | +3.3% QoQ) ■ EBITDA Margin (%): 18.8 (+162 bps YoY | +11 bps QoQ) ■ PAT: 6,219 (+15.1% YoY | -8.0% QoQ) ■ EPS (INR): 4.12 (+14.8% YoY | -8.0% QoQ) Happiest Minds Technologies Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Lakh) Segmental Performance IMSS ■ Revenue: 11,548 (+24.1% YoY | +13.0% QoQ) ■ EBIT: 3,659 (+50.7% YoY | +43.5% QoQ) ■ EBIT Margin (%): 31.7 (+559 bps YoY | +674 bps QoQ) PDES ■ Revenue: 49,486 (+6.5% YoY | +0.6% QoQ) ■ EBIT: 14,974 (+29.1% YoY | +18.8% QoQ) ■ EBIT Margin (%): 30.3 (+529 bps YoY | +465 bps QoQ) GBS ■ Revenue: 3,509 (+120.1% YoY | +2.5% QoQ) ■ EBIT: 1,189 (+774.3% YoY | +4.4% QoQ) ■ EBIT Margin (%): 33.9 (+2535 bps YoY | +61 bps QoQ)
Intimation of Schedule of Earnings Call under Regulation 30(6) of the SEBI (LODR) Regulations, 2015
Intimation · 03 Nov 2026, 9:00 am
Happiest Minds Schedules Q2FY27 Earnings Conference Call for 3rd Nov'26 Happiest Minds Technologies Limited will host an earnings conference call on 3rd Nov'26 at 9:00 AM IST to discuss financial results for the quarter and half-year ended 30th Sep'26 (Q2FY27). Organized by ICICI Securities, the call will feature senior management, including Co-Chairman & CEO Joseph Anantharaju, Managing Director Venkatraman Narayanan, and CFO Anand Balakrishnan, alongside division heads. Universal dial-in numbers are +91 22 6280 1144 and +91 22 7115 8045, with international toll-free options available for Hong Kong, Singapore, the UK, and the USA.
HAPPIEST MINDS TECHNOLOGIES LIMITED has informed the Exchange about Board Meeting to be held on 02-Nov-2026 to consider and approve the Half Yearly Unaudited Financial results of the Company for the period ended September 2026 and Dividend.
Intimation · 02 Nov 2026, 5:30 am
To consider and approve the financial results for the period ended September 30, 2026 and dividend
Intimation · 02 Nov 2026, 5:30 am
Happiest Minds Technologies Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/11/2026 ,inter alia, to consider and approve the unaudited financial ....
Intimation · 02 Nov 2026, 5:30 am
Happiest Minds Technologies Schedules Board Meeting for Q2 FY27 Results and Interim Dividend Happiest Minds Technologies Limited has scheduled its Board of Directors meeting for 2nd Nov'26. The board will consider and approve the standalone and consolidated unaudited financial statements for the quarter and half-year ended 30th Sep'26. Additionally, the board will evaluate the declaration of an interim dividend on equity shares for FY27.
Filing under Regulation 57(1) of SEBI (LODR) Regulations, 2015- Corrigendum
Others (Uncategorized) · 30 Sept 2026, 10:00 pm
Happiest Minds Technologies Issues Corrigendum on NCD Redemption Dates Happiest Minds Technologies issued a corrigendum regarding its timely payment of principal and interest on 3,500 privately placed Non-Convertible Debentures (ISIN: INE419U08033). Rectifying inadvertent reporting errors in its 25th Sep'26 disclosure, the company clarified that the due date of redemption was 26th Sep'26 (erroneously reported as 26th Jun'26), while the actual date of redemption was completed on 25th Sep'26 (erroneously reported as 25th Jun'26). All other previously submitted details remain unchanged.
Certificate under Regulation 57 of SEBI (LODR) Regulations, 2015
Others (Uncategorized) · 25 Sept 2026, 11:42 pm
Happiest Minds Redeems Rs 35 Crore NCDs With Full Interest Payout Happiest Minds Technologies completed the full redemption of 3,500 Non-Convertible Debentures (ISIN: INE419U08033) totaling Rs 35.00 crore on maturity, alongside an interest payout of Rs 65.97 lakh. The payments were executed on 25th Sep'26, ahead of the scheduled 26th Sep'26 due date since the latter was a non-business day. Following this maturity redemption, the outstanding principal on the instrument stands at Nil.
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for ITC Infotech India Ltd
Acquisition/ Disposal of Shares · 25 Sept 2026, 10:32 pm
ITC Infotech Enters Share Purchase Agreement to Acquire Stake in Happiest Minds ITC Infotech India Ltd executed a Share Purchase Agreement on 31st Aug'26 to acquire 3,36,61,700 equity shares of Happiest Minds Technologies Ltd from promoters Ashok Soota and Ashok Soota Medical Research LLP. Pursuant to a non-disposal undertaking, a depository freeze was created on 24th Sep'26 on 1,69,11,471 equity shares (representing 11.106% of total voting capital). ITC Infotech clarified that it does not currently hold beneficial ownership, economic interest, or voting rights in these encumbered shares pending transaction completion.
Transcript of Investor/Analyst Call held on September 01, 2026
Transcript · 08 Sept 2026, 3:35 am
Happiest Minds Merges into ITC Infotech Targeting USD1bn Revenue by FY28 Happiest Minds approved a merger into ITC Infotech with a share swap ratio of 25:81, creating an entity valued at ~INR18,087 crore. Promoter Ashok Soota will divest a 22.1% stake in two tranches for ~INR1,330 crore (average INR395/share), retaining a 7.55% non-promoter holding. Post-merger, ITC Limited will own 73.4% and public shareholders 26.6%, with listing expected in Q2/Q3 FY28. The deal accelerates the combined entity's USD1bn revenue target to FY28 from FY31, projecting ~18.1% FY26 pro-forma margins and a 100 bps expansion via synergies.
Audio recording of Analyst Call
Audio / Video · 02 Sept 2026, 12:57 am
The Board of Directors at their meeting held on August 31, 2026, approved the shifting of Registered Office of the Company from State of Karnataka to the State of West Bengal subject to ....
Others (Uncategorized) · 01 Sept 2026, 2:21 am
ITC Infotech to Acquire 22.1% Stake in Happiest Minds, Triggering Merger Promoters of Happiest Minds will sell a 22.106% stake to ITC Infotech for ₹1,329.72 crore in a two-tranche deal dated Aug 31, '26. Subsequently, Happiest Minds will be amalgamated with ITC Infotech. Shareholders of Happiest Minds will receive 25 equity shares of ITC Infotech for every 81 shares held. The board also approved shifting the company's registered office from Karnataka to West Bengal. The transaction remains subject to statutory and shareholder approvals. Management control is not expected to be impacted by the share sale.
The selling Promoters have executed a Share Purchase Agreement with ITC Infotech India Limited
Others (Uncategorized) · 01 Sept 2026, 2:05 am
Happiest Minds to Merge with ITC Infotech Following Promoter Stake Sale Promoters of Happiest Minds, including Ashok Soota, will sell their entire 22.106% stake to ITC Infotech for ₹13,297.18 crore via a two-tranche deal dated 31 Aug'26. Concurrently, Happiest Minds' board has approved a scheme of amalgamation for its merger by absorption into ITC Infotech. Upon completion, Happiest Minds shareholders will receive 25 equity shares of ITC Infotech for every 81 shares held. The merger is subject to regulatory and shareholder approvals. ITC Infotech may nominate one director to Happiest Minds' board after the first tranche.
The Board of Directors at its meeting held on August 31, 2026, has approved the scheme of amalgamation of Happiest Minds Technologies Limited with ITC Infotech India Limited and their shareholders ....
Others (Uncategorized) · 01 Sept 2026, 1:57 am
ITC Infotech to Acquire Happiest Minds, Promoters to Sell 22% Stake Happiest Minds' Board approved a merger with ITC Infotech on Aug 31'26. Concurrently, promoters Ashok Soota and his LLP will sell their 22.106% stake (3.36 crore shares) to ITC Infotech for ₹13,297 crore in two tranches. Post-merger, Happiest Minds shareholders will receive 25 shares of ITC Infotech for every 81 shares held. After the first tranche sale of an 11% stake, ITC Infotech may nominate one non-executive director to the board. The company will also shift its registered office to West Bengal.
Intimation of schedule of Analyst/Institutional investor meeting under the SEBI (LODR) Regulations, 2015
Intimation · 01 Sept 2026, 1:44 am
Happiest Minds Schedules Urgent Call on Strategic Transaction Happiest Minds Technologies will host an investor/analyst call on Tue, Sep 01, '26, at 9:00 a.m. IST to discuss a proposed strategic transaction announced on Aug 31, '26. Hosted by JM Financial, the call is scheduled at short notice before Indian markets reopen. Management, including the Co-Chairman & CEO, MD, and CFO, will be present. This urgent scheduling highlights the materiality of the announcement for shareholders. The company has provided dial-in and registration details for participation.
Happiest Minds Technologies announces merger with ITC Infotech to create a scaled, AI First global technology services enterprise with US$ 1 billion revenue by FY28
Press Release · 01 Sept 2026, 1:33 am
Happiest Minds Merges with ITC Infotech, Targeting US$1B Revenue by FY28 On 31 Aug'26, Happiest Minds announced a merger with ITC Infotech to create an AI-first IT services enterprise. The deal involves a share swap and a minority stake sale. ITC Infotech will acquire a ~22.1% stake from Happiest Minds' promoters for ₹1,330 Cr at an average price of ~₹395/share. For the merger, Happiest Minds shareholders will receive 25 ITC Infotech shares for every 81 held. ITC Limited will become the promoter with a ~73.4% stake. The combined entity targets US$1 billion revenue by FY28.
Happiest Minds Technologies Limited announces merger with ITC Infotech to create a scaled, AI First global technology services enterprise with US $1 billion revenue by FY28
Press Release · 01 Sept 2026, 1:09 am
Happiest Minds to Merge with ITC Infotech, Creating a Scaled AI-First Enterprise Happiest Minds Technologies will merge with ITC Infotech to create an entity targeting US$1 billion in revenue by FY28. The transaction involves a share swap and a minority stake acquisition. ITC Infotech will buy a ~22.1% stake from Happiest Minds' promoters for ₹1,330 Cr (~₹395/share). Happiest Minds shareholders will receive 25 ITC Infotech shares for every 81 shares held. Post-merger, ITC Limited will be the promoter with a ~73.4% stake. The deal, announced on 31 Aug'26, is subject to regulatory approvals.
Investor Presentation
Investor Presentation · 01 Sept 2026, 1:03 am
Happiest Minds to Merge with ITC Infotech Creating a Diversified IT Player Happiest Minds Technologies approved a merger with ITC Infotech via a share swap. ITC Infotech will acquire a ~22.1% minority stake in Happiest Minds for ₹1,330 Cr. Happiest Minds shareholders will get 25 ITC Infotech shares for every 81 shares held. The combined entity will have FY26 revenue of ₹7,033 Cr and an adjusted EBITDA margin of ~18.1%, creating India's 11th largest listed IT services player. Post-merger, ITC Limited will hold ~73.4% and become the promoter, with the transaction expected to close in ~15 months.
Please find disclosure under Regulation 30A of SEBI LODR Regulations, 2015
Others (Uncategorized) · 01 Sept 2026, 12:53 am
Happiest Minds to Merge with ITC Infotech; Promoters to Sell 22% Stake Happiest Minds Technologies will merge with ITC Infotech. Promoters will sell 22.106% of equity for INR 1,329.7 Cr to ITC Infotech in two tranches, with the deal dated 31st Aug'26. The amalgamation share swap ratio is set at 25 ITC Infotech shares (FV INR 10) for every 81 Happiest Minds shares (FV INR 2). Upon completion, Happiest Minds will be absorbed into ITC Infotech, which will then be listed. Outstanding NCDs will be redeemed by 26th Sep'26. The company also plans to shift its registered office from Karnataka to West Bengal.