Torrent Pharma announces ₹6,842.80 crore open offer for 26% stake in JB Chemicals & Pharma

t Pharmaceuticals Limited (Acquirer) has announced an Open Offer to acquire up to 4,17,45,264 fully-paid-up equity shares of J.B. Chemicals & Pharmaceuticals Limited (Target Company). This offer represents 26.00% of the Expanded Share Capital of the Target Company. The offer price is ₹1,639.18/- per Equity Share, payable in cash. The total consideration for the offer aggregates to ₹6,842,80,01,844/- (Rupees Six Thousand Eight Hundred Forty Two Crore Eighty Lakh One Thousand Eight Hundred Forty Four) assuming full acceptance. The public announcement for the Open Offer was made by the Acquirer on June 29, 2025. A Detailed Public Statement was published on July 4, 2025, in various newspapers including The Financial Express (English), Jansatta (Hindi), and Navshakti (Marathi).