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Torrent to buy JB Chemicals for ₹19,500 cr
The Morning Standard
|June 30, 2025
TORRENT Pharmaceuticals on Sunday announced the acquisition of majority stake in JB Chemicals and Pharmaceuticals in a ₹19,500-crore deal that will make it India's second most valued pharma company.
Torrent will acquire 46.39% stake from promoters Tau Investment Holdings Pte Ltd (a unit of global investment firm) for about ₹11,917 c
This story is from the June 30, 2025 edition of The Morning Standard.
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