{"id":297300,"date":"2023-07-20T13:00:34","date_gmt":"2023-07-20T07:30:34","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=297300"},"modified":"2023-07-20T12:11:38","modified_gmt":"2023-07-20T06:41:38","slug":"khaitan-co-acts-as-legal-counsel-to-happiest-minds-as-to-indian-law","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2023\/07\/20\/khaitan-co-acts-as-legal-counsel-to-happiest-minds-as-to-indian-law\/","title":{"rendered":"Khaitan &#038; Co acts as legal counsel to Happiest Minds as to Indian law"},"content":{"rendered":"<div style=\"text-align: justify; line-height: 150%;\">\n<p style=\"text-align: center; font-weight: bold; font-size: 14.0pt; margin-bottom: 3%;\">DEAL DETAILS<\/p>\n<table style=\"border-bottom-style: none; border-left-style: none; border-right-style: none; border-collapse: collapse; border-top-style: none; margin-left: 0.16mm; margin-right: auto; table-layout: auto; width: 198.84mm; margin-bottom: 2%;\">\n<colgroup>\n<col width=\"751\">\n<\/colgroup>\n<tbody>\n<tr>\n<td valign=\"top\" colspan=\"1\" rowspan=\"\" style=\"background-color: #d3d3d3; border-bottom-width: 0.85pt; border-bottom-style: solid; border-left-width: 0.85pt; border-left-style: solid; border-right-width: 0.85pt; border-right-style: solid; border-top-width: 0.85pt; border-top-style: solid; padding-bottom: 0.69mm; padding-left: 0.69mm; padding-right: 0.69mm; padding-top: 0.69mm; vertical-align: top; width: 198.84mm;\">\n<p style=\"line-height: normal; font-weight: bold; font-family: Calibri; font-size: 12.0pt;\">Happiest Minds Technologies Limited | Qualified institutional placement<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"margin-bottom: 3%;\">Khaitan &amp; Co acted as legal counsel to Happiest Minds as to Indian law in relation to issue of 54,11,255 equity shares of face value of INR 2 each (&#8220;<span style=\"font-weight: bold;\">Equity Shares<\/span>&#8221;) at a price of INR 924 per Equity Share, including a premium of INR 922 per Equity Share, aggregating to approximately INR 50,000 lacs. <\/p>\n<p style=\"margin-bottom: 3%;\">The core team consisted of Thomas George, Partner, Suman Prabhu, Principal Associate, Poorvi M Jain, Senior Associate, Aditya Yadav, Associate, Pooja Agarwal, Associate and Jash Botadra, Associate.<\/p>\n<p style=\"margin-bottom: 3%;\">About Happiest Minds Technologies Limited<\/p>\n<p style=\"margin-bottom: 3%;\">Happiest Minds Technologies Limited (&#8220;<span style=\"font-weight: bold;\">Happiest Minds<\/span>&#8221;) is a leading next generation digital transformation company (<i>Source: Frost &amp; Sullivan Report<\/i>). Happiest Minds&#8217; offerings addresses the digital transformation, platform and product engineering, infrastructure and security needs of the customers. Its capabilities offer customers end-to-end solution in the digital space and provide them with viable, futuristic and transformative digital solutions.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>DEAL DETAILS Happiest Minds Technologies Limited | Qualified institutional placement Khaitan &amp; Co acted as legal counsel to Happiest Minds as to <\/p>\n","protected":false},"author":8808,"featured_media":297309,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45282,2],"tags":[50442,35087,59513,59514,43153,6791,27714],"class_list":["post-297300","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-firms-news","category-news","tag-deal-details","tag-equity-shares","tag-happiest-minds","tag-happiest-minds-technologies-limited","tag-indian-law","tag-khaitan-co","tag-legal-counsel"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Khaitan &amp; Co acts as legal counsel to Happiest Minds as to Indian law | SCC Times<\/title>\n<meta name=\"description\" content=\"Khaitan &amp; Co acted as legal counsel to Happiest Minds as to Indian law in relation 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