Torrent Pharma allots 4.19 crore shares to JB Chemicals shareholders
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 5.1 pts more than Nifty 100 and 4.1 pts more than its Pharmaceuticals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Torrent Pharma has allotted 4,19,22,416 equity shares (face value Rs 5) to eligible shareholders of J B Chemicals under the NCLT-sanctioned Scheme of Amalgamation. The exchange ratio is 51 Torrent shares for every 100 JB Chemicals shares. Paid-up share capital rises from Rs 169.22 crore to Rs 190.18 crore, taking total shares to about 38.03 crore. NCLT approved the merger on 6 July 2026.
About 12.4 percent share dilution as 4.19 crore new shares issued to JB Chemicals shareholders under the NCLT-approved merger.