Happiest Minds Technologies Ltd. - Merger — Key Investor Questions Addressed | Insight

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Happiest Minds Technologies Ltd. - Merger — Key Investor Questions Addressed

Midas Equities and Research

21 September 2026

10 min read

Happiest Minds Technologies Ltd. - Merger — Key Investor Questions Addressed

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Spark Capital Advisors (India) Private Limited (SCA) has gone through a process of reorganisation in 2022 and demerged its institutional equities business (stock broking license and research analyst license) to Spark Institutional Equities Private Limited (SIEPL) through a Composite Scheme of Demerger. Further the shares of SIEPL have been bought by Avendus Capital Private Limited with effect from December 20, 2022. SCA, its affiliates and its related parties, do not have any connection or relation with SIEPL

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Happiest Minds Technologies Ltd. - Merger — Key Investor Questions Addressed | Insight