Happiest Minds Technologies has issued a formal clarification regarding a news report suggesting potential stake acquisition talks involving EQT, Partners Group, and ITC Info for a portion of Ashok Soota’s holding. The company stated it is not privy to any such discussions. Furthermore, Happiest Minds confirmed that, as of March 20, 2026, there is no material information pending disclosure that could affect the price or volume behavior of its shares.
Response to Media Speculation
In response to inquiries stemming from an article published on www.economictimes.com on March 20, 2026, titled “EQT, Partners Group & ITC Info eye a chunk of Ashok Soota’s Happiest Minds,” the Company has provided a necessary clarification to the Stock Exchanges. This response was triggered by both the news item and significant movement observed in the trading price of the Company’s stock across the exchanges.
Company Stance on Discussions
Happiest Minds Technologies explicitly stated that it is not privy to any ongoing discussions mentioned in the news item concerning the sale of promoter holdings. Consequently, the Company is unable to offer a comment on the subject matter.
No Material Information Disclosure
The management further confirmed that, at the present time, there exists no material information or impending announcement that, in the opinion of the Company, would have any bearing on the price or volume behavior of the scrip. The stated news article/media publication is confirmed to have no impact on the operations or performance of Happiest Minds Technologies Limited.
Source: BSE
