Novartis India Ltd — Important, 01-01-1970: Company Update

An open offer to acquire up to 6.42 Cr equity shares, representing 26% of Novartis India Limited, is currently active. The acquirers for this offer include WaveRise Investments, ChrysCapital Fund X, and Two Infinity Partners. As per the latest information, public shareholders have tendered zero shares into the open offer, both in dematerialized and physical forms. These figures are provisional and subject to validation, meaning the final number of accepted shares may differ. This update provides crucial insight for investors tracking the company's acquisition process.