Torrent Pharma Ups Stake in JB Chemicals with ₹6.2 Bn Deal—Strengthens Strategic Hold

Unknown Apr 02, 2026 900 Views

Torrent Pharmaceuticals Ltd has agreed to acquire an additional 2.41% equity stake in JB Chemicals & Pharmaceuticals Ltd for approximately ₹6.2 billion, reinforcing its strategic interest in the mid-cap pharma player. The transaction, executed via block deals on the open market, takes Torrent...