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

An open offer to acquire up to 0.64 Cr equity shares, representing 26% of Novartis India's voting capital, by WaveRise Investments, ChrysCapital Fund X, and Two Infinity Partners is currently active. So far, NIL shares have been tendered in the demat account, and only 10 shares were tendered in physical form, resulting in a total of just 10 shares submitted. These tendered shares will undergo validation and verification. The final number of shares accepted in the open offer may differ from those tendered, providing a status update on shareholder participation.