ALFA Filings
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JB Chemicals & Pharmaceuticals' amalgamation with Torrent Pharmaceuticals received NCLT sanction. The scheme will become effective upon filing with the Registrar of Companies.
J. B. Chemicals & Pharmaceuticals Ltd shareholders approved the Scheme of Amalgamation with Torrent Pharmaceuticals Limited during an NCLT-convened meeting. The resolution passed with a requisite majority of three-fourths in value. This marks a critical regulatory milestone in the merger process between the two pharmaceutical entities.
J.B. Chemicals & Pharmaceuticals Limited shareholders have approved the Scheme of Amalgamation with Torrent Pharmaceuticals Limited. The meeting, convened by the NCLT Ahmedabad Bench, saw the proposal passed with the requisite majority through e-voting. This marks a significant milestone in the merger process between the two pharmaceutical entities.