Happiest Minds Technologies Limited announced that the Hon’ble National Company Law Tribunal, Bengaluru Bench, has approved the Scheme of Amalgamation of Sri Mookambika Infosolutions Private Limited with Happiest Minds Technologies. The approval date is September 25, 2025, and the appointed date for the merger is April 1, 2025.
Amalgamation Scheme Receives Approval
Happiest Minds Technologies Limited has received the final order from the Hon’ble National Company Law Tribunal (NCLT), Bengaluru Bench, approving the Scheme of Amalgamation between Sri Mookambika Infosolutions Private Limited and Happiest Minds Technologies Limited. The company received the certified true copy of the order on October 16, 2025.
Key Dates
The NCLT approved the Scheme of Amalgamation on September 25, 2025. The appointed date for the merger is April 1, 2025. The company received the certified copy of the order on October 16, 2025.
Background
The Scheme involves the amalgamation of Sri Mookambika Infosolutions Private Limited, a wholly-owned subsidiary (Transferor Company), with Happiest Minds Technologies Limited (Holding Company – Transferee Company). The amalgamation will occur with their respective shareholders and creditors under the provisions of Sections 230 to 232 of the Companies Act, 2013.
Source: BSE
