ALPHA TRIBE

Novartis India LtdImportant, 29-07-2026: Company Update

29-07-2026 | 07:22 pm

Novartis AG has divested its entire holding of 1,74,50,680 equity shares, representing 70.68% of Novartis India Limited's total share capital, through an off-market sale. This transaction means Novartis AG now holds zero equity shares in the company and is reclassified from a promoter to a public shareholder. This marks a significant change in the ownership structure, as the company's major promoter has fully exited its stake, impacting the future strategic direction for existing shareholders.

No comments yet. Be the first to comment!

All announcements from Novartis India Ltd