Acquiring Company
Torrent Pharmaceuticals
Acquired Company
JB Chemicals & Pharmaceuticals Ltd
IndiaMumbaiBiotechnologyHealth CarePharmaceuticalManufacturingBiotechnologyPharmaceuticalDescription
Torrent Pharmaceuticals is in the final phase of merging with JB Chemicals & Pharmaceuticals Ltd. The merger is expected to become effective in one to two months, following the recent shareholder approvals. Under the approved share exchange ratio, JB Chemicals shareholders will receive 51 shares of Torrent Pharma for every 100 shares they hold. The merged entity will focus on enhancing its operations within the Indian market.
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M&A Insights
Based on deal dataFrequently asked
Who acquired JB Chemicals & Pharmaceuticals Ltd?
JB Chemicals & Pharmaceuticals Ltd was acquired by Torrent Pharmaceuticals, based in India. The deal was reported on May 12, 2026. Torrent Pharmaceuticals is a leading pharmaceutical company in India, primarily involved in the development and production of drugs for chronic and specialty illnesses. Torrent Pharmaceuticals is privately held and operates in Biotechnology.
When did Torrent Pharmaceuticals acquire JB Chemicals & Pharmaceuticals Ltd?
Torrent Pharmaceuticals's acquisition of JB Chemicals & Pharmaceuticals Ltd was reported on May 12, 2026. Torrent Pharmaceuticals is in the final phase of merging with JB Chemicals & Pharmaceuticals Ltd. The merger is expected to become effective in one to two months, following the recent shareholder approvals. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does JB Chemicals & Pharmaceuticals Ltd do?
JB Chemicals & Pharmaceuticals is a prominent pharmaceutical company known for its diverse portfolio. It focuses on finished dosage formulations and active pharmaceutical ingredients. The company also offers contract development and manufacturing services. It is privately held, operating in Manufacturing, and is based in Mumbai.
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