Torrent’s ₹25,689 Cr Power Play Shakes Pharma Street—JB Chemicals Dips, Torrent Rises

Unknown Apr 02, 2026 1,100 Views

In a landmark pharma deal, Torrent Pharmaceuticals has announced the acquisition of a 46.39% controlling stake in JB Chemicals & Pharmaceuticals Ltd from KKR for ₹11,917 crore, triggering a ripple across Dalal Street. The transaction, valued at ₹25,689 crore on a fully diluted basis, will be...