Corporate Announcement
Security Code : 500672    Company : NOVARTIND    
 
Novartis India - Updates on Open Offer 
  Exchange Disseminated Time     
DSP Merrill Lynch Ltd ("Manager to the Offer") for & on behalf of Novartis AG ("Acquirer") has issued this Corrigendum to Public Announcement to the shareholders of Novartis India Ltd ("Target Company"), which is in continuation of and should be read in conjunction with the Public Announcement (PA) dated March 27, 2009, pursuant to Regulation 11(1) of, and in compliance with, the Securities and Exchange Board of India ("SEBI") (Substantial
Acquisition of Shares and Takeovers) Regulations, 1997 and subsequent amendments thereto (the "Regulations")

Capitalized terms used in this Corrigendum unless otherwise defined shall have the same meaning as assigned to them in the PA.

The shareholders of the Target may note the following:

Time schedule for major activities for the Offer under Para 9 of the PA should be read as:

Date of Opening of the Offer - May 20, 2009

Date of Closing of the Offer - June 08, 2009

(for more details kindly refer www.bseindia.com)
 

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