Announced Fri, 7 Nov, 2025 · 11:35 IST
Torrent launches Rs 1,639.18 cash offer for 26% of JB Chemicals
JBCHEPHARM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
Torrent Pharmaceuticals has made a public cash offer for up to 4,17,45,264 JB Chemicals shares, equal to 26% of its expanded share base, at Rs 1,639.18 per share. The tender period runs from November 18 to December 1, 2025. It follows agreements to buy 46.39% from the promoter and 2.41% from employee sellers.
Likely market impact
The Rs 1,639.18 cash offer may support the stock, but acceptance will be proportional if tenders exceed 4.17 crore shares.