Novartis to sell 70.68% stake in Novartis India for 14.46 billion rupees
Apr 11, 2026
Novartis agreed to sell its 70.68% stake in Novartis India Ltd. for 14.46 billion rupees. The buyers also launched a 26% open offer at 860.84 rupees per share.
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Novartis Exits Indian Listed Unit With $159 Million Stake Sale
Feb 20, 2026
Novartis AG sells its entire 70.68% stake in Novartis India Ltd. for $159 million to a consortium of investors, concluding a two-year strategic review while maintaining operations through its wholly-owned Indian subsidiary.