Happiest Minds Technologies Ltd has announced signing of definitive agreements to acquire 100% of SMI through a combination of upfront and deferred equity consideration totaling Rs. 111 crores.
Nifty ended below 17,900 and Sensex slumped 773.69 points as investors, as most Adani group shares crashed on the last day of F&O expiry, following an expose by US-based Hindenburg Research.
Happiest Minds Technologies on Wednesday announced that it has signed an agreement to acquire Madurai-headquartered IT services company SMI through a combination of upfront and deferred equity consideration amounting to Rs 111 crore.