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Torrent Pharmaceuticals Limited has acquired an additional 2.36% stake in J.B. Chemicals & Pharmaceuticals Limited on January 23, 2026. With this purchase of 37,82,566 equity shares from JB Chemicals employees, Torrent now holds 48.75% of JB Chemicals’ equity capital on a fully diluted basis.
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Torrent Pharmaceuticals Limited has continued its strategic expansion in J.B. Chemicals & Pharmaceuticals Limited (JB Chemicals). The latest acquisition, executed under the share purchase agreement dated July 3, 2025, marks another milestone in Torrent’s ongoing consolidation of its position in JB Chemicals.
Key Highlights
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Acquisition completed on January 23, 2026, involving 37,82,566 equity shares of JB Chemicals
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Represents 2.36% of JB Chemicals’ equity capital on a fully diluted basis
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Shares purchased from certain employees of JB Chemicals under the July 3, 2025 agreement
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Torrent’s aggregate holding now stands at 7,82,65,402 equity shares
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This represents 48.75% of JB Chemicals’ equity capital on a fully diluted basis
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The transaction aligns with Torrent’s earlier intimations dated June 29, 2025, July 3, 2025, September 23, 2025, October 21, 2025, December 5, 2025, and January 21, 2026
Sources: Company filing with Bombay Stock Exchange (BSE), National Stock Exchange (NSE) announcements
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