Happiest Minds Technologies Limited

SBI Mutual Fund decreased its stake in Happiest Minds Technologies from 6.68% to 4.05%, selling 4,011,597 shares for ₹163.5 crores at ₹407.55 apiece. The fund crossed the 5% disclosure threshold.

A next-generation IT solutions and services company, Happiest Minds delivers digital transformation services across cloud, artificial intelligence, cybersecurity, and infrastructure domains. Established in 2011, the firm serves enterprises globally with consulting, implementation, and managed services. The company distinguishes itself through specialized expertise in emerging technologies, agile delivery models, and a focus on customer-centric digital solutions that drive business outcomes.

India's largest AMC by total AUM, managing over Rs 11 lakh crore across equity, debt and hybrid schemes. Backed by State Bank of India, the country's largest bank, which gives it unmatched retail reach across every Indian state. With over 70 schemes and 50 million folios, SBI MF's positioning moves are tracked as a proxy for domestic institutional flows.