Happiest Minds Technologies has received approval from the Hon’ble National Company Law Tribunal, Bengaluru Bench, for the amalgamation of Happiest Minds Edutech Private Limited with Happiest Minds Technologies Limited. The amalgamation scheme, effective from April 18, 2024, consolidates the wholly-owned subsidiary into the parent company, streamlining operations and enhancing shareholder value.
Amalgamation Approved
The Hon’ble National Company Law Tribunal, Bengaluru Bench, has sanctioned the scheme of amalgamation between Happiest Minds Edutech Private Limited and Happiest Minds Technologies Limited. The order, dated September 22, 2025, formalizes the merger of the wholly-owned subsidiary with its parent company.
Effective Date
The appointed date for the amalgamation is April 18, 2024. This integration aims to create synergies and efficiencies within the group. The company confirms that all necessary regulatory requirements have been met, solidifying the amalgamation process.
Simplified Structure
Following the amalgamation, Happiest Minds Edutech Private Limited will cease to exist as a separate entity, simplifying the corporate structure. This move is expected to optimize resource allocation and enhance the overall operational effectiveness of Happiest Minds Technologies.
Source: BSE
