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Novartis India Ltd News

Novartis shares hit 20% upper circuit as Swiss parent to sell entire stake

Novartis AG has agreed to sell 17.4 million fully paid-up equity shares, representing 70.68 per cent equity of Novartis India, to a consortium

Novartis shares hit 20% upper circuit as Swiss parent to sell entire stake
Updated On : 20 Feb 2026 | 10:16 AM IST

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

Novartis to sell majority stake in India unit in ₹1,446 crore deal
Updated On : 20 Feb 2026 | 9:37 AM IST

Novartis nears deal to acquire Avidity Biosciences for over $70 per share

Avidity rose 1.2% to close at $49.15 in New York trading Friday, giving the company a market value of about $6.8 billion

Novartis nears deal to acquire Avidity Biosciences for over $70 per share
Updated On : 26 Oct 2025 | 9:27 PM IST