Happiest Minds Technologies has filed its Business Responsibility and Sustainability Report for the financial year 2025-26 with the stock exchanges. The filing, made pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, details the company's adherence to the National Guidelines on Responsible Business Conduct (NGRBC). The report highlights the company's commitment to ESG principles, including a target to achieve carbon neutrality in its operations by 2030 and a 100% reduction in Scope 1 and Scope 2 greenhouse gas emissions.

The company reported that 83.08% of its total turnover for the year was derived from exports, serving a diverse portfolio of over 300 global customers. In terms of workforce composition, the total headcount stood at 5,218, comprising 5,098 employees and 120 workers. Women accounted for 26.34% of the total employee strength, while the Board of Directors included two female members out of seven. The report also noted that 16% of inputs were sourced sustainably during the year.

Sustainability and Environmental Targets

Happiest Minds has set specific commitments to mitigate environmental risks, including achieving carbon neutrality by 2030 and significantly reducing water consumption and waste generation by 2030. The company maintained solar energy utilization at 12.13%, compared to 10% in the previous year. Additionally, 100% of wastewater generated at its leased facility was recycled via a Sewage Treatment Plant (STP) and reused for gardening and washrooms.

Governance and Compliance

The report confirmed that the company has not incurred any fines, penalties, or punishments from regulatory bodies during the financial year. It maintains an Integrity Policy and an Anti-Bribery Policy to uphold ethical standards. The CSR Committee of the Board is responsible for decision-making on sustainability-related issues. The company also stated that it does not fall under the purview of External Assessment or Assurance as per SEBI requirements.

Financial and Operational Metrics

The following table summarizes key operational and financial figures disclosed in the report:

The company continues to focus on integrating ESG principles into its core business strategies to address emerging risks and enhance operational efficiency.

Happiest Minds Technologies Ltd has closed its trading window for designated persons and their immediate relatives effective July 1, 2026. The restriction will remain in place until 48 hours after the company declares its financial results for the quarter ending June 30, 2026. This move is aimed at preventing insider trading activities ahead of the quarterly earnings announcement.

The closure is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company's internal Code on Prohibition of Insider Trading. The regulation mandates that trading windows be shut during periods when unpublished price-sensitive information (UPSI) is likely to be shared or possessed by insiders.

Designated persons include company directors, officers, and employees who have access to UPSI. Their immediate relatives are also covered under this prohibition to ensure comprehensive compliance with regulatory norms.

The intimation was formally communicated to the stock exchanges, including BSE Limited and National Stock Exchange of India Limited, by Praveen Kumar Darshankar, Company Secretary & Compliance Officer of Happiest Minds Technologies Limited.

Key Details of Trading Window Closure