About the Report

Basis of Reporting

The Integrated Annual Report 2025-26 is our sixth integrated report, prepared in alignment with the principles of the International Integrated Reporting Council (IIRC). The report is structured around the six capitals: Financial, Manufactured, Human, Intellectual, Social and Relationship, and Natural, each of which contributes to our value creation process.

This integrated approach provides stakeholders with a clear and transparent view of how we drive sustainable growth. It presents the material issues affecting our business, the operating environment, our governance framework, and our long-term value creation strategy. Our ESG initiatives are led by a dedicated team and embedded in our operating philosophy. Through this report, we present a holistic view of our financial performance and broader impact, enabling stakeholders to make informed decisions.

Reporting Principle

This report has been prepared in accordance with the key regulatory and reporting requirements, including:

Companies Act, 2013, and the rules framed thereunder
Indian Accounting Standards
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Secretarial Standards
Pertinent guidance from the GRI Standards
Underlying principles and themes of the Integrated Reporting Framework for non-financial disclosures

Boundary and Scope of Reporting

The information presented in this report covers the financial and non-financial performance of Happiest Minds Technologies Limited and its subsidiaries, including Happiest Minds Inc. (US), Aureus Tech Systems, Sri Mookambika Infosolutions, Happiest Minds Edutech, PureSoftware Technologies, and GAVS Technologies’ Middle East business.

Assurance Statement

Our Board of Directors assumes full responsibility for the accuracy and completeness of this report. The report reflects the Board’s oversight, supported by our leadership and reporting teams. It complies with relevant frameworks and presents a fair view of our performance and material matters.

Our Capitals

Financial

Responsible financial management to deliver sustainable returns to the stakeholders while enabling future growth

Intellectual

Applying knowledge, skills, systems, and innovation capabilities to deliver high-quality client solutions, improve efficiency, and manage risk

Social and Relationship

Building trusted relationships through transparency, shared values, and continuous engagement, enabling us to respond to stakeholder needs with purpose

Human

Drive performance through our people by fostering inclusion, continuous learning, and well-being to support individual growth and organizational success

Natural

Embed environmental responsibility into our strategy through resource efficiency and climate-conscious practices that support a sustainable, low-carbon future