Daily open offer tender update for Novartis India - no shares tendered on June 17

Open Offer TriggeredListed Co AcquisitionStrategic Transactions View source PDF

NOVARTIND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+1.9%1-day move

₹1365.90

prior close

₹1375.80

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.6-0.5-1.5-1.9+1.9+9.8+8.4+8.0+4.8+4.7+9.8+22.3——

Up moveDown movePending

AI summary

Axis Capital filed a daily disclosure for the open offer on Novartis India. On June 17, 2026, zero shares were tendered by public shareholders, in both demat and physical form. The offer is for up to 64.19 lakh shares (26% of voting capital) by WaveRise Investments, ChrysCapital entities, and Two Infinity Partners. Offer terms are as per the Letter of Offer dated June 1, 2026.

Likely market impact

Routine daily filing shows no shares tendered yet; the open offer window is still open and shareholder response should be monitored.