Insider Trading & SAST disclosures for Novartis India Ltd.
The latest disclosure under SEBI Prohibition of Insider Trading regulations was made by
Novartis A G Revised in Novartis India Ltd. where Disposal of 3,205,362
Equity Shares done at an average price of Rs. 670
was reported to the exchange on Jan. 24, 2018.
The latest disclosures under SEBI SAST(Substantial Acquisition of Shares and Takeovers) Regulations, 2011 transaction was made by
Novartis AG in Novartis India Ltd. where Disposal of 3,205,362
shares done
was reported to the exchange on Jan. 24, 2018.
Insider trades are disclosures under SEBI (Prohibition of Insider Trading) Regulations, 2015 ([Regulation 7 (2) with 6(2)] made by corporate insiders: promoters, officers, directors, employees and large shareholders who are buying and selling stock in their own companies.
| Client Name |
Client Category |
Action* |
Reported To/By Exchange |
Quantity |
Post Transaction Holding |
Traded % |
Avg. Price |
Value |
Period |
Regulation (Insider/SAST) |
Security Type |
Mode |
|
Novartis A G Revised
|
Promoter |
Disposal |
24 Jan 2018 |
3,205,362 |
17,450,680
(70.68%)
|
12.99%
|
670 |
2,147,592,540
|
23 Jan 2018
23 Jan 2018 |
Insider Trading |
Equity Shares |
Buy-back Offer |
|
Novartis AG
|
Promoter |
Disposal |
24 Jan 2018 |
3,205,362 |
17,450,680
(70.68%)
|
11.39%
|
|
-
|
23 Jan 2018
23 Jan 2018 |
SAST (29(2)) |
- |
Buy-back Offer |
|
Novartis AG
|
Promoter |
Disposal |
19 Sep 2016 |
3,314,555 |
-
(73.40%)
|
13.43%
|
|
-
|
16 Sep 2016
16 Sep 2016 |
Insider Trading |
Equity Shares |
None |
*Actions covered:
Acquisition (Buy): Purchase of shares
Disposal (Sell): Sale of shares
Pledge: Shares being used by promoters as collateral for loans. Usually a negative signal.
Revoke: When shares are released from a pledge. Usually a positive signal.
Invoke: When pledged shares are invoked by companies/banks who have provided the collateral, which may result in acquisition of stake in the company. Usually a negative signal.
Client Category: Promoter/ KMP/ Director / Immediate Relatives / Employee / etc
Security Type: Share/ Warrants / Convertible Debentures
Kind of transaction Mode: Public rights/ preferential offer / off market / inter-se transfer/ Market Sale
Data as reported to BSE and NSE
Insider trading data is from Disclosure under SEBI (Prohibition of Insider Trading) Regulations, 2015.