Novartis India Open Offer: NIL Shares Tendered Till June 23

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 23, 2026, NIL equity shares have been tendered in the Open Offer Escrow Demat Account, representing 0% of the offer size. Additionally, 112 equity shares (0.00% of the offer size) have been tendered in physical form. These figures are subject to validation and verification. The Open Offer is being made by WaveRise Investments Limited, ChrysCapital Fund X, and Two Infinity Partners to acquire up to 26% of the voting share capital of Novartis India Limited.