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Novartis to sell majority stake in India unit in ₹1,446 crore deal

February 20, 2026 at 04:08 AM
By Business Standard India
Novartis to sell majority stake in India unit in ₹1,446 crore deal
The consortium will offer ​Novartis India's ‌public shareholders ₹860.64 per share, ‌an exchange filing showed, representing a 3.6 per cent ‌premium to ​its closing ​price on Thursday
The consortium will offer ​Novartis India's ‌public shareholders ₹860.64 per share, ‌an exchange filing showed, representing a 3.6 per cent ‌premium to ​its closing ​price on Thursday
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