JB Chemicals amalgamation effective; Torrent Pharma MoA capital clause amended

Listed Co AcquisitionNclt Scheme FiledStrategic Transactions View source PDF Explain this filing

TORNTPHARM · price

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

Price reactionminutes from the announcement price · days from the prior close

+0.6%Reaction day

₹4852.60

prior close

₹4902.30

announcement price

In-mkt

timing

Nifty 100market-2.1%+2.6% vs market

Pharmaceuticals peers, median of 165sector-0.8%+1.4% vs sector

On the reaction day the stock moved 2.6 pts more than Nifty 100 and 1.4 pts more than its Pharmaceuticals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.0

10m

+0.1

15m

-0.1

30m

+0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.6-2.1+2.6-0.8+1.4

Next day

+0.8-1.7+2.4+0.0+0.8

+0.8-0.6+1.4+0.5+0.3

+1.9-0.7+2.6+1.0+1.0

+2.5-1.3+3.8+0.2+2.3

+3.1-1.1+4.2+0.8+2.2

-2.2-0.3-1.9-0.3-1.9

15d

+0.5-0.4+0.9-0.4+1.0

+1.5+1.3+0.2-0.3+1.7

+2.2-2.4+4.6+3.1-0.9

-4.9-8.4+3.6-1.5-3.4

UpDownMarket · Nifty 100Sector · Pharmaceuticals peers, median of 165Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The Scheme of Amalgamation of J.B. Chemicals with Torrent Pharmaceuticals became effective on 8 July 2026, following NCLT Ahmedabad approval on 6 July 2026 with appointed date 21 January 2026. JB Chemicals now stands amalgamated into Torrent Pharma and dissolved without winding up. Torrent Pharma's MoA capital clause amended to total capital of rupees 255.30 crore, comprising 46.06 crore equity shares of rupees 5 each and 25 lakh preference shares of rupees 100 each.

Likely market impact

JB Chemicals shareholders become Torrent Pharma shareholders per swap ratio; combined entity is now larger with expanded share capital base.