Intimation of Newspaper Advertisement by Novartis India Limited (''the Company'')- Completion of e-mailing of Notice of Postal Ballot to the Members of the Company.
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Novartis India has informed BSE about completing the e-mailing of postal ballot notices to shareholders, with newspaper advertisements published on April 17, 2026 in Financial Express and Navshakti. The postal ballot relates to resolutions under Section 8(6) and 9(1) of the Companies Act 2013. The notice covers three resolutions involving related party transactions with key management personnel and related entities, with amounts including Rs 450.85 lakhs, Rs 11.61 lakhs, and Rs 26.27 lakhs. Shareholders can vote via electronic means or physical ballot. The voting deadline is May 5, 2026 between 11:00 AM and 4:00 PM. Scrutinizer for the postal ballot is Sanjay K. Kota & Associates.
Shareholders should cast their votes by May 5, 2026. Approval of related party transactions with key management personnel could impact future governance and disclosure practices for the company.