JB Chemicals amalgamation with Torrent Pharma becomes effective

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

₹4904.60

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

-0.1

10m

-0.0

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

Scheme of Amalgamation of JB Chemicals with Torrent Pharmaceuticals became effective on 8th July 2026. NCLT Ahmedabad had approved it on 6th July and certified copy of the order was received on 7th July. Today, certified copies of the Order and Scheme were filed with the Registrar of Companies, Ahmedabad, making the scheme effective. Appointed Date is 21st January 2026. JB Chemicals now stands amalgamated into Torrent Pharma and dissolved without winding up. Capital clause of Torrent Pharma amended to 46.06 crore equity shares of Rs 5 each and 25 lakh preference shares of Rs 100 each.

Likely market impact

JB Chemicals merges into Torrent Pharma creating a larger combined pharma entity, likely boosting market share and scale. Share swap ratio governs what JB shareholders receive.