MoneyWorks4Me

Happiest Minds Technologies gets nod to raise Rs 125 crore via NCDs

03 Mar 2023 Evaluate

Happiest Minds Technologies has received an approval for the issue and allotment of up to 12500 unsecured, negotiable, redeemable, rated, listed, non-convertible debentures (NCDs) aggregating to Rs 125 crore on private placement basis in domestic market in three tranches for raising funds to be utilized towards the general corporate purposes of the company. The Board of Directors of the company at its meeting held on March 02, 2023 has considered and approved the same.

The issue of commercial papers in domestic market on private placement basis has been deferred for consideration at an appropriate time.

Happiest Minds Technologies is a Mindful IT Company, enables digital transformation for enterprises and technology providers by delivering seamless customer experiences, business efficiency and actionable insights.

Peers
Company Name CMP
TCS 2528.00
Infosys 1154.50
HCL Technologies 1424.00
Wipro 189.75
Tech Mahindra 1789.40
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