Novartis India shares soar 18% as Swiss parent plans full exit in Rs 1,446 crore deal
- Posted on February 20, 2026
- By Business News Today
- 4 Views
Novartis India shares soar 18% as Swiss parent plans full exit in Rs 1,446 crore deal
Novartis India shares surged nearly 18% after its Swiss parent announced the sale of its 70.68% stake for approximately Rs 1,446 crore. A consortium of investors will acquire the stake at Rs 860.64 per share, a 3.6% premium. They've also launched an offer for an additional 26% from public shareholders.
