20 Jul 2026
Torrent Pharmaceuticals allotted 4.19 crore equity shares to the shareholders of JB Chemicals, completing the amalgamation of JB Chemicals into Torrent.
The share allotment marks the merger going effective. It folds a strong branded-generics and international franchise into the pharma major and widens its domestic formulations base, closing a deal that had been in motion through the year.
07 Jul 2026
Torrent Pharmaceuticals received the certified NCLT Ahmedabad order approving the amalgamation of JB Chemicals and Pharmaceuticals into Torrent Pharma.
It moves the combination toward completion after Torrent's earlier acquisition of a controlling stake in JB Chemicals, consolidating one of the larger recent domestic pharma deals.
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Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630. Stock notes are market commentary for general information and education. They are not investment advice, not a recommendation to buy or sell, and do not account for any individual's financial situation. Investment in securities is subject to market risks. Please read all related documents carefully before investing. Past performance is not a guarantee of future results.