Listing approval received for shares issued under JB Chemicals merger

Listed Co AcquisitionStrategic Transactions View source PDF Explain this filing

TORNTPHARM · price

Loading chart…

▲ 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

-2.2%Reaction day

₹5010.00

prior close

₹5020.10

announcement price

After-mkt

timing

Nifty 100market-0.2%-2.0% vs market

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

On the reaction day the stock moved 2.0 pts less than Nifty 100 and 1.4 pts less 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

-0.9

10m

-0.7

15m

-1.0

30m

-1.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.2-0.2-2.0-0.8-1.4

Next day

-2.6+0.9-3.5+0.3-2.9

-2.4+1.1-3.5-0.7-1.7

+2.6+1.6+1.0-0.3+2.9

+0.8+3.2-2.4+0.3+0.5

+0.4+2.5-2.1+0.7-0.4

-1.1+2.7-3.7+0.3-1.4

15d

-0.8+1.0-1.8+1.1-1.9

+0.3+1.0-0.7+1.6-1.3

-2.8-4.7+1.9+2.4-5.2

-8.6-5.8-2.9-2.0-6.6

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

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

AI summary

Torrent Pharmaceuticals has received final listing and trading approval from NSE and BSE for 4,19,22,416 equity shares of Rs 5 each, issued to eligible shareholders of J.B. Chemicals under the Scheme of Amalgamation. These shares will be available for trading from 28th July 2026. The merger of J.B. Chemicals into Torrent Pharma is now fully operational.

Likely market impact

JB Chemicals merger is now fully effective; new shares trade from 28th July, expanding share count and float.