Newspaper advertisement cutting of publication of Notice of hearing of Petition

JBCHEPHARM · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-4.8%1-day move

₹2212.70

prior close

₹2152.00

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.2-0.0-0.2+0.4-4.8-3.5-3.7-4.1-2.1-1.4-3.3+2.0+11.0—

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AI summary

JB Chemicals & Pharmaceuticals Ltd has published a newspaper notice regarding the hearing of a company petition for the Scheme of Amalgamation with Torrent Pharmaceuticals Ltd. The petition was admitted by the NCLT Ahmedabad Bench on 7th May 2026, and the hearing is scheduled for 11th June 2026. Under this scheme, JB Pharma (Transferor Company, CIN L24300GJ1976PLC173077) will amalgamate into Torrent Pharma (Transferee Company, CIN L24230GJ1972PLC002126). Any person wishing to support or oppose the petition must submit an affidavit at least two days before the hearing date.

Likely market impact

This is a major corporate restructuring event where JB Chemicals & Pharmaceuticals will be merged into Torrent Pharmaceuticals. Shareholders of JB Pharma should monitor this process closely as the amalgamation will affect their shareholding in the combined entity.