Corporate Announcement
Security Code : 500672    Company : NOVARTIND    
 
Novartis India Ltd reply to clarification sought by the exchange 
  Exchange Disseminated Time     
With reference to the news appeared in ET NOW, dated June 11, 2015 captioned "Novartis AG said to explore delisting of $380 mn Indian unit.", Novartis India Ltd has Clarified to BSE as under:

"We would like to clarify that the Company is not aware of the source of this news item “Novartis AG said to explore delisting of $380 million Indian units” as mentioned in your letter. The Board of the Company has not received any notice from the promoters of the Company, Novartis AG on its intention to delist the equity shares of the Company from the Bombay Stock Exchange Limited."
 

Disclaimer

Back To Announcements