Torrent Pharma completes open offer for JB Chemicals shares

Torrent Pharmaceuticals Limited announced the acquisition of 1,317 fully paid-up equity shares of J.B. Chemicals & Pharmaceuticals Limited on December 5, 2025. This acquisition was made through an open offer to eligible public shareholders of JB Chemicals, at an offer price of INR 1639.18 per equity share.

The acquisition follows an earlier intimation dated June 29, 2025, concerning the open offer. This transaction adheres to the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.