https://www.taxtmi.com/news?id=47954 Torrent Pharmaceuticals will acquire a controlling equity stake in J B Chemicals through a share purchase agreement and a post-acquisition merger with a specified share-swap ratio. The transaction includes purchase of promoter and employee shares and triggers a mandatory open offer for a statutory portion of target shares under takeover norms. Completion depends on requisite regulatory clearances, including securities filings, competition approval and corporate law consents, and aims to create operational synergies and expand the acquirer's therapeutic and CDMO presence. en-us Sun, 29 Jun 2025 21:01:03 +0530 Sun, 29 Jun 2025 21:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=47954 Torrent Pharmaceuticals will acquire a controlling equity stake in J B Chemicals through a share purchase agreement and a post-acquisition merger with a specified share-swap ratio. The transaction includes purchase of promoter and employee shares and triggers a mandatory open offer for a statutory portion of target shares under takeover norms. Completion depends on requisite regulatory clearances, including securities filings, competition approval and corporate law consents, and aims to create operational synergies and expand the acquirer's therapeutic and CDMO presence. News - Sun, 29 Jun 2025 21:01:03 +0530 https://www.taxtmi.com/news?id=47954