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| Exchange Received Time 17/03/2018 14:51:13 Exchange Disseminated Time 17/03/2018 14:51:21 Time Taken 00:00:08 | Pursuant to Regulation 30 of SEBI (Listing Disclosure Requirements) Regulations, 2015, we wish to inform you that Jawed Zia, Vice Chairman & Managing Director, Novartis India Limited has informed the Board of Directors of his decision to step down from the office of Vice Chairman and Managing Director at the close of business hours on May 31, 2018.
The Board requested the Nomination & Remuneration Committee to identify and recommend a suitable successor for the role of Vice Chairman & Managing Director of the company.
Kindly take note of the above in your records.
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