NCLT Approves J.B. Chemicals-Torrent Pharma Amalgamation Meetings

NCLT approves convening shareholder and creditor meetings for the amalgamation of J.B. Chemicals & Pharmaceuticals with Torrent Pharmaceuticals.
The appointed date for the scheme is 21st January 2026, with the rationale to enhance product offerings and achieve operational synergies.
The tribunal has directed the convening of meetings for equity shareholders and unsecured creditors, while dispensing with secured creditor meetings.