J.B. Chemicals & Pharmaceuticals Limited has informed exchanges that the National Company Law Tribunal (NCLT), Ahmedabad Bench, has issued a Corrigendum Order concerning the proposed amalgamation with Torrent Pharmaceuticals Limited. This order relates to the scheme where J.B. Chemicals is the Transferor Company. The official corrigendum order, dated March 24, 2026, was uploaded to the Tribunal’s website on March 25, 2026, following an initial intimation on March 24, 2026.
Update on Amalgamation Scheme
In a crucial development regarding the proposed merger, J.B. Chemicals & Pharmaceuticals Limited has provided an update to the stock exchanges. This update follows the earlier intimation made on March 24, 2026, concerning the order passed by the Hon’ble National Company Law Tribunal, Ahmedabad Bench (“Tribunal”). The Tribunal order pertains to the scheme of amalgamation involving J.B. Chemicals & Pharmaceuticals Limited (the “Transferor Company”) and Torrent Pharmaceuticals Limited (the “Transferee Company”).
Issuance of Corrigendum Order
The company wishes to inform all stakeholders that the Tribunal has officially issued a Corrigendum Order. This order is dated March 24, 2026. The final document confirming this correction was made publicly accessible on the Tribunal’s official website, https://nclt.gov.in/, on March 25, 2026, which is the date of this disclosure. This provides clarification or correction to the earlier approval or procedural aspects of the scheme.
Company Endorsement
The information is being shared for the necessary information and records of the exchange. The announcement was authorized by Sandeep Phadnis, Vice President – Secretarial & Company Secretary, on behalf of J.B. Chemicals & Pharmaceuticals Limited.
Source: BSE
