Ashok Suta turned Chairman and Chief Mentor, Anantraju’s command of CEO in Happiest Minds Applied sciences – INA NEWS

The board of the IT firm Happiest Minds Applied sciences has permitted Ashok Suta to be the corporate’s chairman and chief mentor. Additionally, Joseph Vinod Anantraju has been appointed as Co-Chairman and CEO. The corporate has stated within the inventory trade submitting that Ashok Suta has been made the manager chairman to the chairman and chief mentor and Joseph Anantraju has been made co-chairman and CEO from Government Vice Chairman. These adjustments in designing are efficient since March 19, 2025.

Hapiest Minds Applied sciences have stated that these will not be a recent appointment however a change in designing. Ashok Suta’s tenure as the corporate’s gap time director ends on 31 March 2029. Suta will deal with its new place until 31 March, 2029 i.e. until the top of its present time period. He’s recognized for his finest management. The IPO of Happiest Minds got here in 2020 and was fairly profitable.

Anantraju will work in his new place until 3 November 2025. On this date, his present time period as his gap time director is ending. He’s additionally a co-founder of Happiest Minds. He has performed an essential position within the growth of the corporate, particularly within the product engineering phase, which would be the duty of all of the enterprise divisions of HappySest Minds. These embrace Product and Digital Engineering Providers (PDES), Infrastructure Administration and Safety Providers (IMSS) and Genai Enterprise Providers (GBS). Analytics COE and Folks Observe may even report back to Joseph.

Happiest Minds shares closed in inexperienced mark

The inventory of Happiest Minds closed at Rs 644.60 on March 20. The corporate’s market cap is Rs 9800 crore. Based on BSE, the inventory has come down 11 p.c thus far in 2025. The corporate had a 44.22 p.c stake within the firm until the top of December 2024. The inventory noticed a 52 -week excessive stage of Rs 955 on 21 June 2024. On the identical time, the 52 -week low of 639.85 rupees was seen on 18 March 2025.

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