Acquisitions26 Feb 2026, 04:22 pm
Novartis India Receives Open Offer Detailed Public Statement
AI Summary
Novartis India Limited has received a Detailed Public Statement (DPS) dated Thursday, February 26, 2026, in relation to an open offer made by WaveRise Investments Limited, ChrysCapital Fund X, and Two Infinity Partners. The offer is made along with ChrysCapital X, LLC and OceanEdge Investments Limited, who are acting in concert with the main acquirers. The DPS was received following a public announcement on Thursday, February 19, 2026.
Key Highlights
- Novartis India Limited received a Detailed Public Statement (DPS) in relation to an open offer.
- The open offer is made by WaveRise Investments Limited, ChrysCapital Fund X, and Two Infinity Partners.
- ChrysCapital X, LLC and OceanEdge Investments Limited are acting in concert with the main acquirers.
- The DPS was received following a public announcement on February 19, 2026.
- Novartis India requested to record the receipt of the DPS.