JBCHEPHARMNSEJB Chemicals & Pharmaceuticals Limited· PharmaceuticalsHighNeutral
Announced Tue, 7 Jul · 20:06 IST

JB Chemicals fixes 17-Jul-2026 record date for Torrent Pharma merger

Nclt Scheme FiledListed Co AcquisitionStrategic Transactions View source PDF

JBCHEPHARM · price

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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.