Torrent Pharma Allots 41.9 Crore Shares for JB Chemicals Merger

Key Transaction Details

The Securities Transfer and Stakeholders Relationship Committee of Torrent Pharmaceuticals Limited approved the allotment of 4,19,22,416 fully paid-up equity shares of the company on 20th July, 2026. These shares have a face value of ₹5 each and were allotted to eligible shareholders of J. B. Chemicals & Pharmaceuticals Limited as on the Record Date of 17th July, 2026.

Share Exchange Ratio

The allotment was made as per the share exchange ratio specified in the Scheme of Amalgamation: 51 fully paid-up equity shares of Torrent Pharma (face value ₹5 each) for every 100 fully paid-up equity shares of JB Chemicals (face value ₹1 each).

Capital Structure Impact

Consequent to this allotment, the issued and paid-up equity share capital of Torrent Pharmaceuticals Limited has increased:

• Pre-allotment: ₹1,69,22,27,200 (33,84,45,440 fully paid-up equity shares of ₹5 each)
• Post-allotment: ₹1,90,18,39,280 (38,03,67,856 fully paid-up equity shares of ₹5 each)

Share Characteristics

The newly allotted equity shares will rank pari passu with the existing fully paid-up equity shares of the company in all respects.