Torrent Pharmaceuticals announced that the National Company Law Tribunal (NCLT), Ahmedabad Bench, has uploaded the order related to the first motion application for the proposed amalgamation of J.B. Chemicals & Pharmaceuticals Limited. This significant step follows the original proposal announced on June 29, 2025. The order was made public on the NCLT website on March 23, 2026, moving the corporate restructuring process forward.
Update on Corporate Restructuring
Torrent Pharmaceuticals Limited has provided an important update regarding its plan to amalgamate J.B. Chemicals & Pharmaceuticals Limited into the Transferee Company (Torrent Pharma). This communication serves as a follow-up to the initial disclosure made on June 29, 2025.
NCLT Order Availability
The company confirms that the Hon’ble National Company Law Tribunal (NCLT), Ahmedabad Bench, has officially uploaded the necessary Order pertaining to the first motion application filed for this Scheme of Amalgamation. This key regulatory filing was uploaded on March 23, 2026, and is accessible via the NCLT website.
The Board views this upload as a positive development, marking substantial progress in the scheme’s regulatory timeline. This announcement is made for the information and records of the stock exchanges.
Source: BSE
