Announced Tue, 7 Jul · 20:06 IST
JB Chemicals fixes 17-Jul-2026 record date for Torrent Pharma merger
JBCHEPHARM · price
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Price reaction · full curve 14 horizons · vs prior close
+1.1%1-day move
₹2420.00
prior close
₹2426.50
base price
After-mkt
timing
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+0.4+0.4+0.7+0.4+1.1+0.5+1.5+2.7+3.4—————
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AI summary
NCLT Ahmedabad has sanctioned the scheme of amalgamation of JB Chemicals with Torrent Pharmaceuticals. The company has fixed 17-Jul-2026 as the record date to identify shareholders entitled to receive Torrent Pharma shares. Exchange ratio is 51 Torrent Pharma equity shares (face value Rs 5) for every 100 JB Chemicals shares (face value Re 1). Earlier intimations were made on 6-Jul and 7-Jul 2026.
Likely market impact
JB Chemicals shareholders on record as of 17-Jul-2026 will receive 51 Torrent Pharma shares for every 100 JB Chemicals shares held.