Happiest Minds Technologies’ Executive Chairman Ashok Soota has sold 1.11 per cent stake in the IT company. Soota has offloaded about 17 lakh equity shares of the technology company through the NSE/BSE, which brings down his holding in the company from 51.24 per cent to 50.13 per cent.
This transaction was primarily done to fund the capital requirements of SKAN, the not-for-profit medical research firm floated by him and enhance the share capital of Happiest Health. Soota plans to maintain his shareholding in Happiest Minds to not less than 40 per cent.
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.
