Torrent Pharma sets Jul 17 as record date for merger of JB Chemicals
This story was originally published at 20:31 IST on 7 July 2026
Register to read our real-time news.Informist, Tuesday, Jul. 7, 2026
MUMBAI – Torrent Pharmaceuticals Ltd. has set Jul. 17 as the record date to determine eligible shareholders of JB Chemicals & Pharmaceuticals Ltd. who will get shares of Torrent Pharmaceuticals post the merger, according to an exchange filing Tuesday. JB Chemicals is set to merge into Torrent Pharmaceuticals after the National Company Law Tribunal Monday approved the scheme.
As part of the merger, JB Chemicals' shareholders will get 51 shares of Torrent Pharmaceuticals for every 100 shares held in JB Chemicals. On Tuesday, shares of Torrent Pharmaceuticals and JB Chemicals ended around 1% higher each at INR 4,856.70 and INR 2,422. End
Reported by Anshul Choudhary
Edited by Avishek Dutta
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (22) 6985-4000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2026. All rights reserved.
To read more please subscribe
Share this Story:
