#Pharma #Bourse Novartis AG sells 1.42 per cent stake in Indian arm for Rs 25 cr - Business Today http://t.co/q5ztENcx8H
July 01, 2013
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Novartis AG sells 1.42 per cent stake in Indian arm for Rs 25 cr
Drug firm Novartis India on Friday said its parent Novartis AG has offloaded 1.42 per cent stake in it through open market for a consideration of over Rs 25 crore to meet market regulator SEBI guidelines. The company's parent Novartis AG has sold 4,54,205 shares in the company for a total amount of Rs 25.45 crore, Novartis India said in a filing to BSE.