Torrent Pharma acquires 2.36% additional stake in JB Chemicals, holds 48.75%
TORNTPHARM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.5 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.
Minute windows have no benchmark: there is no intraday index history to compare against.
Torrent Pharma acquired 37,82,566 equity shares (2.36%) of JB Chemicals from certain employees under a share purchase agreement dated 3rd July 2025. Total holding now stands at 7,82,65,402 shares, equal to 48.75% of JB Chemicals equity share capital on a fully diluted basis. This continues Torrent's ongoing acquisition of JB Chemicals first intimated in June 2025.
Strengthens Torrent's control over JB Chemicals, moving closer to a majority stake in the listed company.