Announced Tue, 7 Jul · 18:03 IST
NCLT approves JB Chemicals and Pharmaceuticals amalgamation with Torrent Pharmaceuticals
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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
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+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 Bench has sanctioned the scheme of amalgamation of JB Chemicals and Pharmaceuticals with Torrent Pharmaceuticals. The order was passed on 6th July, 2026 and the company received the certified copy on 7th July, 2026. The scheme is under Sections 230 to 232 of the Companies Act, 2013. The full order is available on the company website.
Likely market impact
Major milestone cleared for the merger with Torrent Pharmaceuticals. Shareholders should await next steps on share swap ratio and effective date.