Company Response to Exchange Query
Date and Nature of Exchange Query
Happiest Minds Technologies Limited received a query from the National Stock Exchange of India Limited dated August 28, 2026, bearing reference number NSE/CM/Surveillance/17430. The query sought clarification regarding a news item that appeared on moneycontrol.com on August 27, 2026, captioned "Happiest Minds shares fall 6% as ITC Infotech likely to buy its promoter's stake".
Company's Clarification on Trading Volume and Financial Results
The company clarified that it has taken note of the news item but confirmed that there is no information requiring disclosure under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company stated that as part of its business strategy, it continuously explores various strategic opportunities intended to be in the best interest of its stakeholders. Regarding the impact of the article on the company's shares, which fell 6%, the company indicated it cannot comment since its shares are freely traded on stock exchanges.
Regulatory Compliance Reference
The company specifically referenced Regulation 30 of the SEBI Listing Regulations, confirming compliance with disclosure obligations. The response emphasized that the company has promptly intimated stock exchanges regarding all events and disclosed all information with bearing on operations/performance as required, and will continue to do so. The company committed to promptly comply with disclosure obligations if and when it becomes aware of any information/event warranting disclosure.