StockWatch
·
Pharmaceuticals
Merger7 Jul 2026, 06:10 pm

JB Chemicals Receives NCLT Order for Amalgamation with Torrent Pharma

AI Summary

JB Chemicals & Pharmaceuticals Ltd has received the certified true copy of the Order passed by the National Company Law Tribunal (NCLT), Ahmedabad Bench, sanctioning the Scheme of Amalgamation. This scheme involves the amalgamation of J. B. Chemicals & Pharmaceuticals Limited (Transferor Company) with Torrent Pharmaceuticals Limited (Transferee Company) and their respective shareholders. The NCLT's order was dated July 6, 2026, and the company received the certified copy on July 7, 2026. The details of the sanctioned scheme are available on the company's website.

Key Highlights

  • NCLT Ahmedabad has sanctioned the amalgamation scheme.
  • JB Chemicals will be amalgamated with Torrent Pharmaceuticals.
  • The company has received the certified order copy.
  • Scheme details are available on the company website.