
Merger7 Jul 2026, 06:20 pm
Torrent Pharma receives NCLT order sanctioning J.B. Chemicals amalgamation
AI Summary
Torrent Pharmaceuticals Ltd has received the certified true copy of the final order from the Hon'ble National Company Law Tribunal (NCLT), Ahmedabad Bench, sanctioning the Scheme of Amalgamation of J.B. Chemicals & Pharmaceuticals Limited with Torrent Pharmaceuticals Limited. This order, dated July 6, 2026, was officially received by Torrent Pharma on July 7, 2026. The amalgamation was proposed under Sections 230 to 232 of the Companies Act, 2013. The company has made the order available on its website. This marks a significant step towards the completion of the merger process.
Key Highlights
- NCLT Ahmedabad sanctions amalgamation of J.B. Chemicals with Torrent Pharma.
- Certified order received by Torrent Pharma on July 7, 2026.
- Scheme of Amalgamation is now officially sanctioned.
- Order available on the company's website for public access.
Price Impact
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