SBI Mutual Fund sold 1,25,000 shares (0.0821%) of Happiest Minds Technologies on May 07, 2026, via a market sale, reducing its stake from 86,61,348 shares (5.6880%) to 85,36,348 shares (5.6059%) of the paid-up share capital. The overall holding has declined by 2% since the previous disclosure dated March 07, 2025, when the reported holding was 7.6118%. The company's total equity share capital remained unchanged at Rs 30,45,49,622, comprising 15,22,74,811 equity shares of Rs. 2/- face value each. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

SBI Mutual Fund Reduces Stake in Happiest Minds Technologies to 5.6059%

Happiest Minds Technologies Limited received a disclosure from SBI Mutual Fund on May 08, 2026, pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, reporting a reduction in shareholding. The disclosure was filed by SBI Funds Management Limited with both BSE Limited and the National Stock Exchange of India Limited.

Shareholding Change Details

SBI Mutual Fund, under its various schemes, sold 1,25,000 shares of Happiest Minds Technologies on May 07, 2026, through a market sale. This transaction represented 0.0821% of the company's paid-up share capital. The fund's cumulative holding decreased by 2% from the previous disclosure made vide letter no. FM/CS/2025/76 dated March 07, 2025, wherein the reported holding was 7.6118% of the paid-up share capital.

The following table summarises the movement in SBI Mutual Fund's shareholding:

Parameter: Before Sale After Sale Shares Held: 86,61,348 85,36,348 % of Paid-up Share Capital: 5.6880% 5.6059% Shares Sold: — 1,25,000 % Sold: — 0.0821%

Transaction and Capital Structure

The sale was executed through the open market on May 07, 2026. The equity share capital of Happiest Minds Technologies remained unchanged before and after the transaction, as detailed below:

Parameter: Details Total Equity Share Capital: Rs 30,45,49,622 Total Number of Equity Shares: 15,22,74,811 Face Value per Share: Rs. 2/- Mode of Sale: Market Sale Date of Sale: May 07, 2026

Regulatory Disclosure

The disclosure was submitted by SBI Funds Management Limited to Happiest Minds Technologies' Company Secretary and Compliance Officer, Praveen Kumar Darshankar, on May 08, 2026. The filing confirms that SBI Mutual Fund does not belong to the promoter or promoter group of the target company. The shares held by SBI Mutual Fund carry voting rights, with no encumbrances, pledges, warrants, or convertible securities reported in connection with this transaction. The disclosure was duly forwarded by Happiest Minds Technologies to both BSE Limited and the National Stock Exchange of India Limited for information and records.

Happiest minds technologies has submitted its quarterly compliance certificate to stock exchanges for the quarter ended March 31, 2026, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Filing

The Bengaluru-based technology company filed the compliance certificate with both BSE Limited and National Stock Exchange of India Limited on April 07, 2026. The submission was made pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, which mandates quarterly reporting by listed companies.

Filing Details: Information Quarter Ended: March 31, 2026 Filing Date: April 07, 2026 Regulation: SEBI Regulation 74(5) Registrar: KFin Technologies Limited

Certificate Confirmation

KFin Technologies Limited, serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate confirming operational details for the reporting period. The certificate specifically addressed dematerialization activities during the quarter from January 01, 2026 to March 31, 2026.

According to the certificate issued by KFin Technologies Limited, no requests for dematerialization or re-materialization of shares were received during the specified quarter. This confirmation was provided by Umesh Pandey, Senior Manager at KFin Technologies Limited, from their operations center in Hyderabad.

Stock Exchange Details

The compliance filing was submitted to both major Indian stock exchanges where Happiest Minds Technologies shares are listed:

Exchange: Stock Codes BSE Limited: 543227, 974820 & 975101 NSE Limited: HAPPSTMNDS

Corporate Information

The filing was signed by Praveen Kumar Darshankar, Company Secretary & Compliance Officer, who holds membership number F6706. The company maintains its registered office at Hosur Main Road, Madivala, Bengaluru, Karnataka, and operates under CIN L72900KA2011PLC057931.

This quarterly compliance certificate represents part of the company's ongoing regulatory obligations as a publicly listed entity, ensuring transparency and adherence to SEBI guidelines for depositories and participants.

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