Intimation of newspaper advertisement published today i.e, May 17, 2025 for completion of e-mailing of Notice of Postal ballot to the Members of the company.
NOVARTIND · price
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Awaiting price reaction for this filing.
Novartis India has informed the stock exchange that it published a newspaper advertisement on May 17, 2025 in Financial Express and Navshakti, confirming that the Postal Ballot Notice has been emailed to members. The Postal Ballot Notice was sent on May 16, 2025 to members whose email IDs are registered, with the cut-off date set as May 12, 2025. E-voting will be conducted through NSDL from May 17, 2025 (9:00 AM) to June 15, 2025 (5:00 PM), and results are expected to be declared on or before June 17, 2025. The specific business/resolution being put to vote through the postal ballot is not disclosed in this filing.
This is a procedural compliance filing — shareholders should check their email (including spam folders) for the Postal Ballot Notice and exercise their e-voting rights before June 15, 2025. No immediate impact on stock price is expected, though the outcome of the postal ballot could have governance implications depending on the resolution(s) being voted on.