Tau Investment Holdings Pte. Ltd., previously the promoter of J.B. Chemicals & Pharmaceuticals Limited, has sold its entire stake of 74,481,519 shares, representing 47.55% of the company’s equity. The transaction occurred on January 21, 2026, following a share purchase agreement with Torrent Pharmaceuticals Limited. As a result, Tau Investment has been reclassified from promoter to public category.
Promoter Stake Divestment
On January 21, 2026, Tau Investment Holdings Pte. Ltd., the promoter of J.B. Chemicals & Pharmaceuticals Limited, completed the sale of 74,481,519 shares. This represents the entirety of their shareholding. The sold stake accounted for 47.55% of the total share capital and voting rights.
Details of the Transaction
The sale was executed via an off-market transfer. The sale was conducted with Torrent Pharmaceuticals Limited following a share purchase agreement dated June 29, 2025, and an addendum on July 3, 2025. After this transaction, Tau Investment Holdings has been reclassified from ‘promoter’ to ‘public’ category.
Impact on Shareholding
Before the disposal, Tau Investment Holdings held 74,481,519 shares, representing 47.55% of the total share capital. Following the transaction, their holding is now 0 shares, representing 0% of the total share capital. As a result, Torrent Pharmaceuticals now has acquired control of the TC
Source: BSE
