SynopsisNovartis India shares surged nearly 18% after its Swiss parent announced the sale of its 70.68% stake for approximately Rs 1,446 crore. A consortium of investors will acquire the stake at Rs 860.64 per share, a 3.6% premium. They've also launched an offer for an additional 26% from public shareholders.

Source: Economic Times February 20, 2026 04:08 UTC