# Torrent Pharmaceuticals said the merger process of Mumbai-based JB Chemicals & Pharmaceuticals Ltd with the company has entered its final stage.

*business · news · 2026-05-12 · The Hindu Business Line*

## Key points

- Torrent Pharma expects the JB Chemicals merger to become effective within one to two months.
- The appointed date for the merger is set as January 21, 2026.
- Shareholders of JB Chemicals will receive 51 Torrent Pharma shares for every 100 JB Chemicals shares.
- Torrent Pharma has exercised operational control over JB Chemicals for the past four months.
- The merged entity will rationalise field force, with JB Chemicals experiencing higher attrition rates.

**Companies:** Torrent Pharmaceuticals, JB Chemicals & Pharmaceuticals Ltd
**Countries:** India

[Read the full story on The Hindu Business Line](https://www.thehindubusinessline.com/companies/torrent-pharma-says-jb-chemicals-merger-in-final-phase-expects-completion-in-1-2-months/article70969039.ece)

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