Open Offer Status Update: Nil Demat and 10 Physical Shares Tendered for Novartis India Ltd
As of June 18, 2026, the tender status for the open offer concerning Novartis India Ltd has been reported, detailing submissions across both dematerialized and physical share forms. The open offer involves the acquisition of up to 64,19,608 fully paidup equity shares from public shareholders.The Acquirers involved in the open offer include WaveRise Investments Limited, ChrysCapital Fund X, Two Infinity Partners, along with PACs ChrysCapital X, LLC and OceanEdge Investments Limited.
Reported figures for tendered Equity Shares till June 18, 2026 are as follows:
| Tender Type | Number of Shares Tendered | Percentage of Offer Size |
|---|---|---|
| Dematerialized (Demat) | NIL | NIL% |
| Physical Form | 10 | 0.00% |
The dematerialized shares tendered into the Open Offer Escrow Demat Account stood at Nil, constituting NIL% of the offer size. Separately, 10 Equity Shares were received in physical form by the Registrar to the Open Offer, representing 0.00% of the Offer Size.
It is clarified that the tenders submitted are subject to validation and verification of the complete set of documents as applicable. The number of shares tendered by public shareholders may differ from the quantity ultimately accepted by the Acquirers in the open offer.
NOVARTIND Stock Price Movement
On Thursday, shares of Novartis India Limited shed value, settling at ₹1364.30 after the stock slipped by 0.7%. Trading volume for the security reached 11,042 shares during the previous session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.