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Thursday, June 11, 2015

BRIEF-Novartis India says not got any notice from Novartis AG on intention to delist Indian unit

<span id="midArticle_start"/> Novartis India Ltd

<span id="midArticle_0"/>* Novartis india says co is not aware of source of news (notdenies) about novartis ag to explore delisting of indian unit * Has not received any notice from promoters of co, novartis agon intention to delist shares of co from bseSource text for Eikon: With reference to the news appeared in ETNOW, dated June 11, 2015 captioned "Novartis AG said to exploredelisting of $380 mn Indian unit.", Novartis India Ltd hasClarified to BSE as under:"We would like to clarify that the Company is not aware of thesource of this news item "Novartis AG said to explore delistingof $380 million Indian units" as mentioned in your letter. TheBoard of the Company has not received any notice from thepromoters of the Company, Novartis AG on its intention to delistthe equity shares of the Company from the Bombay Stock ExchangeLimited."

<span id="midArticle_1"/> <span class="first-article-divide"/> <span class="second-article-divide"/>Further company coverage: (Reporting By Shrutee Sarkar)

<span id="midArticle_2"/> <span class="third-article-divide"/>


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