Novartis AG Sells 70.68% Stake in Novartis India Ltd

Novartis AG, the erstwhile promoter, has disclosed the sale of 1,74,50,680 equity shares in Novartis India Ltd, representing 70.68% of the company's share capital. The transaction, valued at INR 13,76,88,87,280, was executed as an off-market sale on July 29, 2026. This significant divestment by the promoter group triggers a substantial change in the shareholding structure of Novartis India Ltd. The disclosure was made in compliance with Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.