Novartis India Ltd — Important, 07-04-2026: Company Update

Novartis AG, the promoter of Novartis India Limited, has confirmed that its 1.74 Cr equity shares, representing a 70.68% stake, are not encumbered. This update follows a previously announced agreement where Novartis AG committed to selling these 1.74 Cr shares to a consortium of acquirers: WaveRise Investments Limited, ChrysCapital Fund X, and Two Infinity Partners. This divestment marks a significant ownership transition for Novartis India Limited and its stakeholders.