Novartis India Ltd

Code: 500672 | Category: Open offer

Type: Open Offer

Event Details
Announcement Date: February 26, 2026

Open Offer Details
Acquirer: WaveRise Investments Limited
Acquirer Category: Acquirer
Offer Price: ₹860.64 per share
Offer Size (Shares): 6,419,608 shares
Offer Size (%): 26% of shares
Total Offer Value: ₹552.5 Crores
Post-Offer Holding: 70.68%
Offer Type: Mandatory
Opening Date: 2026-04-21
Closing Date: 2026-05-05
Payment Mode: Cash
Financing: PAC 1 has committed to provide necessary finances.
Status: Announced
Document
View PDF https://www.bseindia.com/xml-data/corpfiling/AttachLive/3f34c8fe-9c9f-41bd-82f2-ea43e3113ee9.pdf
AI Analysis

Get detailed AI-powered insights about this event

Login required
Company

Novartis India Ltd

Code: 500672

View All Events