JB Chemicals & Pharmaceuticals Limited has informed the Exchange about Copy of Newspaper Publication of Notice of hearing of Petition
JBCHEPHARM · price
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JB Chemicals & Pharmaceuticals Limited has published a newspaper notice regarding a Company Petition filed under Sections 230 and 232 of the Companies Act, 2013. The petition seeks NCLT approval for the amalgamation of JB Chemicals & Pharmaceuticals Limited (Transferor/Petitioner) with Torrent Pharmaceuticals Limited (Transferee). The petition was admitted by the NCLT Ahmedabad Bench on May 7, 2026, and the hearing is scheduled for June 11, 2026. The notice invites any person seeking to support or oppose the scheme to submit their affidavit with grounds before the Tribunal.
This marks a key legal milestone in the JB Pharma-Torrent Pharma merger process. If approved by NCLT, JB Pharma will amalgamate into Torrent Pharma, affecting shareholders of both companies. JB Pharma investors should monitor this process closely as the merger progresses toward final approval.