Novartis India Ltd — Important, 16-05-2026: Company Update

Novartis India Limited issued a correction to its Postal Ballot Notice regarding the appointment of Ms. Gowree Gokhale as an Independent Director. The company clarified that the resolution for her appointment was inadvertently listed as an 'Ordinary Resolution' in the original notice. Shareholders should note this crucial change, as the appointment requires approval by a 'Special Resolution,' meaning a higher voting threshold is needed. This procedural update is important for shareholders as it affects the voting outcome for this key independent director position. All other details of the Postal Ballot remain as previously communicated.