BSE · Corporate Action · High
BSE sets July 17 as record date for J.B. Chemicals merger into Torrent Pharma
Trading in J.B. Chemicals will be suspended from 17 July 2026; shareholders get 51 Torrent shares for every 100 held.
What changed
- Record date fixed for amalgamation: 17 July 2026.
- No dealings in J.B. Chemicals from 17 July 2026.
- Share swap ratio: 51 Torrent shares for every 100 J.B. Chemicals shares.
The read
BSE has set 17 July 2026 as the record date for the NCLT-approved amalgamation of J.B. Chemicals into Torrent Pharma. From that date, J.B. Chemicals shares will be suspended permanently. The swap ratio is 51 Torrent shares of ₹5 each for every 100 J.B. Chemicals shares of ₹1 each. This is a straightforward merger: J.B. Chemicals ceases to exist as a listed entity, and its holders become Torrent shareholders automatically. No action is required from them, but they must account for the delisting in their portfolios.
J.B. Chemicals & Pharmaceuticals LtdTorrent Pharmaceuticals Limited51:100 share swap ratio
Primary source: official circular (PDF)