J. B. Chemicals & Pharmaceuticals Limited has announced that Friday, July 17, 2026, has been fixed as the Record Date. This date is crucial for determining the shareholders eligible to receive fully paid-up equity shares of Torrent Pharmaceuticals Limited as per the approved Scheme of Amalgamation. The share exchange ratio stipulates that shareholders will receive 51 fully paid-up equity shares of Torrent Pharma (face value ₹5 each) for every 100 fully paid-up equity shares of J. B. Chemicals (face value ₹1 each). This disclosure follows earlier intimations regarding the Scheme of Amalgamation between J. B. Chemicals & Pharmaceuticals Limited (Transferor Company) and Torrent Pharmaceuticals Limited (Transferee Company), sanctioned by the Hon’ble National Company Law Tribunal, Ahmedabad Bench, via its order dated July 6, 2026.
