Novartis India Open Offer: Zero Shares Tendered So Far

Axis Capital Ltd, the Manager to the Open Offer for Novartis India Limited, has submitted a disclosure to BSE. As of June 15, 2026, zero equity shares have been tendered in connection with the Open Offer by WaveRise Investments Limited, ChrysCapital Fund X, and Two Infinity Partners. This includes shares tendered in dematerialized form into the Open Offer Escrow Demat Account and shares submitted in physical form to the Registrar. The disclosure clarifies that these figures are subject to validation and verification of required documentation. The final acceptance of shares will be in accordance with SEBI (SAST) Regulations and the Letter of Offer.