StockWatch
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Pharmaceuticals
Merger8 Jul 2026, 10:20 am

Torrent Pharma completes J.B. Chemicals amalgamation

AI Summary

Torrent Pharmaceuticals Limited has announced the completion of its amalgamation with J. B. Chemicals & Pharmaceuticals Limited, effective July 8, 2026. The scheme, approved by the National Company Law Tribunal (NCLT) on July 6, 2026, was filed with the Registrar of Companies on July 8, 2026. Consequently, J. B. Chemicals & Pharmaceuticals Limited stands dissolved and amalgamated into Torrent Pharmaceuticals. The appointed date for the amalgamation is January 21, 2026. Following the amalgamation, Torrent Pharma's Memorandum of Association has been amended, increasing its authorized capital to ₹2,553,000,000, comprising 460,600,000 equity shares of ₹5 each and 2,500,000 preference shares of ₹100 each.

Key Highlights

  • Torrent Pharma completes amalgamation with J.B. Chemicals.
  • Scheme effective from July 8, 2026, post NCLT approval.
  • J.B. Chemicals dissolved and merged into Torrent Pharma.
  • Torrent Pharma's authorized capital increased to ₹255.30 Cr.
  • Amended capital includes equity and preference shares.