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Torrent Pharmaceuticals Completes Acquisition of JB Chemicals Shares, Now Holds 48.80% Stake

Torrent Pharmaceuticals Completes Acquisition of JB Chemicals Shares, Now Holds 48.80% Stake

Torrent Pharmaceuticals Limited has completed its acquisition of J.B. Chemicals & Pharmaceuticals Limited shares, acquiring the final 92,490 equity shares (0.06% stake) from a JB Chemicals employee on February 3, 2026. The company now holds 7,83,57,892 equity shares, representing 48.80% of JB Chemicals' equity share capital on a fully diluted basis. All shares under both the primary Share Purchase Agreement dated June 29, 2025, and the employee share purchase agreement dated July 3, 2025, have been successfully acquired, completing the strategic acquisition program.

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