Novartis India Open Offer: 10 Shares Tendered as of June 22

Axis Capital Ltd, acting as the Manager to the Open Offer for Novartis India Limited, has submitted a disclosure regarding the number of equity shares tendered. As of June 22, 2026, only 10 equity shares have been tendered in physical form to the Registrar, representing 0.00% of the offer size. No shares have been tendered in the Open Offer Escrow Demat Account. The open offer is for the acquisition of up to 26% of the voting share capital by WaveRise Investments Limited, ChrysCapital Fund X, and Two Infinity Partners, along with persons acting in concert. The tendered shares are subject to validation and verification.