business / news / / The Hindu Business Line
Torrent Pharmaceuticals said the merger process of Mumbai-based JB Chemicals & Pharmaceuticals Ltd with the company has entered its final stage.
Torrent Pharma expects the JB Chemicals merger to become effective within one to two months.
KEY POINTS
- 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
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