Happiest Minds Technologies Limited (NSE: HAPPSTMNDS), a 'Born Digital . Born Agile' Mindful IT Company, today announced apex-level changes in the organization structure of Happiest Minds with immediate effect:
Joseph Anantharaju who was Executive Vice Chairman, President & CEO of PDES Division will now become Co-Chairman & CEO of Happiest Minds. Joseph will become responsible for all the business divisions of Happiest Minds: Product & Digital Engineering Services (PDES), Infrastructure Management & Security Services (IMSS) and GenAI Business Services (GBS). The Analytics CoE and People Practice will also report to Joseph.
Venkatraman Narayanan is MD & CFO and the following Corporate functions will report to him: Finance, Talent Acquisition, Internal IT, Learning & Development, ESG, CSR, Procurement and Administration.
M&A and Board matters will be Joseph and Venkat's joint responsibility. Both Joseph and Venkat will report independently to Ashok Soota who becomes Chairman & Chief Mentor.
Ashok Soota said "Joseph has been the key driver of Happiest Minds growth and profitability since its inception. Integrated responsibility with Joseph for all current and future businesses will accelerate future growth and more streamlined working of Happiest Minds."
"Venkat has been the pillar and mind behind Happiest Minds' financial strategies. He also supports Happiest Health as commercial and financial advisor. He provides similar support on a pro bono basis to SKAN, my not-for-profit medical research trust."
Joseph Anantharaju said, "The last 14 years have been an immensely satisfying and enriching experience helping build Happiest Minds into a Digital Engineering leader. I am delighted with this recognition and look forward to leading Happiest Minds through its transformation journey and taking it to greater heights."
Venkatraman Narayanan said, "I look forward to continue working closely and collaboratively with Joseph to make Happiest Minds a great success story."
Ashok Soota added that "Happiest Minds is currently finalizing FY27 plans and the organic growth outlook is encouraging, thanks to the transformational changes of the last 18 months. I would like to thank our dedicated teams for their contributions to Happiest Minds' success. Finally, I would like to thank the Happiest Minds Board, which has provided guidance through this period of planned succession planning and organization transformation."
Shares of Happiest Minds Technologies Limited was last trading in BSE at Rs. 642.45 as compared to the previous close of Rs. 644.65. The total number of shares traded during the day was 54107 in over 3025 trades.
The stock hit an intraday high of Rs. 650.35 and intraday low of 639.85. The net turnover during the day was Rs. 34853590.00. |
