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Novartis AG
4 articles
Novartis India Board Approves Post-Acquisition Agreements and Appointments
Novartis India's board approved three key agreements with Novartis AG entities, including a royalty-free trademark license and assignment for Tegrital, Voveran, and other brands.
The company appointed
Novartis AG Sells Entire 70.68% Stake
Novartis AG sold its entire 70.68% holding (1.74 crore shares) in Novartis India Limited on July 29, 2026.
The sale was executed off-market pursuant to a purchase agreement dated February 19, 2026.
No
Novartis AG Sells Entire 70.68% Stake in Novartis India
Novartis AG sold its entire 70.68% stake, comprising 1.74 crore equity shares, in Novartis India Limited.
The off-market transaction was valued at approximately ₹1,376.89 crore and executed on July 29
Novartis AG Reclassified to Public Shareholder
Novartis AG completes sale of 70.68% stake in Novartis India to ChrysCapital entities, ceasing to be promoter.
ChrysCapital's WaveRise and Fund X acquire control, triggering a mandatory 26% open offer