Following the acquisition by Torrent Pharmaceuticals, J.B. Chemicals & Pharmaceuticals announces the completion of the promoter reclassification. The former promoter, Tau Investment Holdings, has fully divested its stake, transferring 7,44,81,519 equity shares to Torrent. As a result, Tau Investment Holdings has been reclassified from ‘promoter’ to ‘public’ category, effective January 21, 2026.
Ownership Transition Complete
January 21, 2026, marks the completion of the ownership transition for J.B. Chemicals & Pharmaceuticals following the acquisition by Torrent Pharmaceuticals. The former promoter, Tau Investment Holdings Pte. Ltd., has transferred its entire holding of 7,44,81,519 equity shares to Torrent, representing 46.39% of the expanded share capital.
Promoter Status Change
With the completion of the share transfer, Tau Investment Holdings has ceased to be in control of J.B. Chemicals & Pharmaceuticals. Effective January 21, 2026, Tau Investment Holdings has been formally reclassified from the ‘promoter’ category to the ‘public’ category.
Torrent’s Increased Control
Torrent Pharmaceuticals now holds a controlling interest in J.B. Chemicals & Pharmaceuticals. This follows Torrent’s acquisition of shares from the former promoter. Torrent also acquired shares from the public via an open offer. As a result of these transactions, Torrent assumes responsibility for the company’s direction and strategic initiatives.
Source: BSE
