Torrent Pharma is set to acquire a controlling stake in J. B. Chemicals & Pharmaceuticals. The Competition Commission of India (CCI) approved the transaction on October 21, 2025. This acquisition will be subject to certain voluntary modifications. The initial announcement regarding the deal was made on June 29, 2025.
Acquisition Approved
Torrent Pharma’s acquisition of a controlling stake in J. B. Chemicals & Pharmaceuticals has received approval from the Competition Commission of India (CCI) on October 21, 2025.
Transaction Details
The Media Release titled “Torrent Pharma to acquire controlling stake in J. B. Chemicals & Pharmaceuticals from KKR” dated June 29, 2025. Stock exchange intimation dated July 3, 2025 and September 23, 2025, this is to inform you that the Competition Commission of India (“CCI”) has granted its approval for the transaction on October 21, 2025, subject to the parties complying with voluntary modifications to be outlined in CCI’s final order.
Source: BSE
