Merger6 Jul 2026, 07:01 pm
NCLT Sanctions Amalgamation of JB Chemicals with Torrent Pharma
AI Summary
JB Chemicals & Pharmaceuticals Ltd announced that the National Company Law Tribunal (NCLT), Ahmedabad Bench, has sanctioned the Scheme of Amalgamation of JB Chemicals & Pharmaceuticals Limited with Torrent Pharmaceuticals Limited. The order was pronounced on July 6, 2026. The amalgamation will become effective upon filing the certified copy of the NCLT order with the Registrar of Companies. The company will inform the stock exchanges once the scheme is effective.
Key Highlights
- NCLT approves the amalgamation scheme between JB Chemicals and Torrent Pharmaceuticals.
- The scheme is sanctioned by the NCLT, Ahmedabad Bench, on July 6, 2026.
- The amalgamation becomes effective upon filing with the Registrar of Companies.
- JB Chemicals will notify exchanges once the scheme is effective.
Price Impact
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