Torrent Pharmaceuticals has released the post-offer advertisement concerning its open offer for J.B. Chemicals & Pharmaceuticals. The offer, which closed on December 1, 2025, saw Torrent acquire 1,317 equity shares. After the offer, Torrent’s shareholding in J.B. Chemicals stands at 7,83,57,892 equity shares, representing 48.80% of the expanded share capital.
Open Offer Details
Torrent Pharmaceuticals Limited has announced details regarding its open offer for acquiring equity shares of J.B. Chemicals & Pharmaceuticals Limited. The offer closed on December 1, 2025, and the payment of consideration was completed on December 5, 2025.
Acquisition Results
According to the post-offer advertisement, Torrent Pharmaceuticals acquired 1,317 equity shares in the open offer at a price of INR 1,639.18 per share. The total value of shares accepted in the offer amounted to INR 21,58,800.06. Prior to the offer, Torrent Pharmaceuticals held 7,83,56,575 equity shares in J.B. Chemicals, representing 48.80% of the expanded share capital.
Post-Offer Shareholding
Following the completion of the open offer, Torrent Pharmaceuticals’ shareholding in J.B. Chemicals increased to 7,83,57,892 equity shares, which translates to 48.80% of the expanded share capital. The public shareholding (pre-offer) was 8,20,41,686 equity shares or 51.10%. The post-offer shareholding of public is at 8,20,40,369 equity shares translating to 51.10%
Source: BSE