Happiest Minds Technologies Ltd

Happiest Minds Technologies Ltd has announced the closure of its trading window for all designated persons and their immediate relatives. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code. The window will remain shut from July 01, 2026, until 48 hours after the declaration of the financial results for the quarter ending June 30, 2026. This measure is standard practice to prevent potential insider trading during periods when material non-public information may be available.

Happiest Minds Technologies has launched Rel(AI)Build, a proprietary Agentic AI development platform, and the Agentic Development Lifecycle (ADLC) methodology. This platform aims to transform enterprise software delivery by integrating AI-driven automation, governance, and human oversight. Rel(AI)Build orchestrates specialized AI agents across the software development lifecycle, improving speed, consistency, and cost-efficiency through features like a token-sensitive architecture and composable Agent Core. Early implementations show significant improvements, including up to 60% faster modernization and a threefold increase in engineering productivity. The launch supports Happiest Minds' AI-led strategy to enhance enterprise agility and value.

Happiest Minds Technologies Ltd has received the Certified True Copy of the Final Order from the National Company Law Tribunal (NCLT), Bengaluru Bench, approving the Composite Scheme of Arrangement. This scheme involves PureSoftware Technologies Private Limited (Wholly Owned Subsidiary–Transferor Company) and Happiest Minds Technologies Limited (Holding Company–Transferee Company). The NCLT's order, dated May 29, 2026, sanctions the arrangement, with an appointed date for the merger set as April 01, 2026. The company had previously disclosed the scheme on multiple dates starting from February 04, 2025. This approval marks a significant step in the corporate restructuring process.

Happiest Minds Technologies Limited's Board of Directors, at its meeting on May 28, 2026, approved the audited standalone and consolidated financial statements for the quarter and financial year ended March 31, 2026. The Board recommended a final dividend of ₹3.65 per equity share for FY26, pending shareholder approval at the 15th Annual General Meeting (AGM) scheduled for July 28, 2026. The record date for this dividend is July 17, 2026, with payment expected on or after August 04, 2026. Additionally, the Board approved the re-appointment of M/s. Deloitte Haskins & Sells as the Statutory Auditors for a second term of five consecutive years, from FY 2026-27 to FY 2030-31, also subject to member approval at the upcoming AGM.

Happiest Minds Technologies Ltd's board approved the FY27 plan, reaffirming a commitment to sustainable and profitable growth. The company reconfirmed its FY27 growth guidance of 12.5% and reiterated its aspirational goal of 15% growth. Happiest Minds also announced its flagship strategic AI initiative, the Enterprise AI Platform, designed to enable enterprise-grade AI adoption. The company will release its financial results for the quarter and fiscal year ended March 31, 2026, on May 28, 2026.

Happiest Minds Technologies Ltd has scheduled a Board of Directors meeting on May 28, 2026, to consider and approve the audited financial statements (standalone and consolidated) for the quarter and financial year ended March 31, 2026. The board will also consider recommending a final dividend for FY26, subject to shareholder approval at the Annual General Meeting.

Happiest Minds Technologies reaffirmed its strong growth outlook for AI-led services, stating that the entry of GenAI platform providers like Anthropic and OpenAI will expand opportunities for IT services firms. The company believes this marks an inflection point that will accelerate enterprise AI adoption. Happiest Minds highlighted that the AI transformation market is vast and requires deep domain expertise, contextual understanding, and sustained transformation capabilities, where IT services firms excel. They expect the evolution of the GenAI ecosystem to accelerate their opportunity pipeline and drive sustained growth.

SBI Mutual Fund's shareholding in Happiest Minds Technologies Ltd has decreased by 2% from the previous disclosure. As of May 7, 2026, SBI Mutual Fund holds 85,36,348 shares, representing 5.6059% of the company's paid-up share capital, down from 7.6118% previously disclosed on March 7, 2025. This change is due to the sale of 1,25,000 shares, representing 0.0821% of the paid-up share capital.

SBI Mutual Fund's shareholding in Happiest Minds Technologies Ltd has decreased by 2% under its various schemes, according to Regulation 29(2) of SEBI (SAST) Regulations, 2011. The holding decreased from 7.6118% to 5.6059% of the paid-up share capital. SBI Mutual Fund sold 1,25,000 shares, representing 0.0821% of the paid-up share capital. As of May 07, 2026, SBI Mutual Fund holds 85,36,348 shares, which is 5.6059% of the paid-up share capital.

Happiest Minds Technologies Ltd and UnifyApps have announced a strategic partnership to help enterprises transition into AI-Native organizations. This collaboration aims to enable clients to unify enterprise knowledge, actionability, and governance through an AI OS architecture. The partnership will allow for secure, scalable, production-grade deployments of Generative AI initiatives, with UnifyApps’ AI OS architecture and extensive library of pre-built integrations complementing Happiest Minds’ deep capabilities in Generative AI, digital engineering, cloud, data, and enterprise modernization. The partnership will empower enterprises to operationalize AI with speed, security, and measurable ROI tied to cycle time reduction, productivity gains, and revenue acceleration.