Corporate Announcement
Security Code : 500672    Company : NOVARTIND    
 
Announcement Under Regulation 30 - Update With Respect To A Newspaper Publication In Mint On July 12, 2018Download PDF Download XBRL
  Exchange Received Time  12/07/2018 17:24:49         Exchange Disseminated Time   12/07/2018 17:24:52              Time Taken   00:00:03
This letter has a reference to a newspaper publication in 'Mint' on July 12, 2018 regarding issuance of a show cause notice by drug licensing authority to Themis Medicare Limited (Themis), who is a manufacturer of Diclofenac 1 ml injection for Novartis India Limited (Company).

In this context, it may be noted that Themis has intimated the Company on July 12, 2018 that they are in receipt of a show cause notice dated July 11, 2018 from the drug licensing authority at Daman, wherein they were directed to not manufacture the said product until the matter is decided. (contd..)


 

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