CCI approves acquisition of J. B. Chemicals & Pharmaceuticals Limited by Torrent Pharmaceuticals Limited with voluntary modifications

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....CI approves acquisition of J. B. Chemicals & Pharmaceuticals Limited by Torrent Pharmaceuticals Limited with voluntary modifications<BR>News and Press Release<BR>Dated:- 21-10-2025<BR><BR>The Competit....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ion Commission of India has approved the proposed acquisition&nbsp;of J. B. Chemicals & Pharmaceuticals Limited by Torrent Pharmaceuticals Limited with voluntary modifications. The proposed combinati....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....on relates to acquisition of shareholding by Torrent Pharmaceuticals Limited (Acquirer) in J. B. Chemicals & Pharmaceuticals Limited (Target) and the subsequent amalgamation of the Target with the Acq....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....uirer (Proposed Combination) (Acquirer and Target are collectively the 'Parties'). The Acquirer is the flagship company of the Torrent group and is&nbsp;inter alia&nbsp;engaged in the business of man....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ufacturing and sale of pharmaceutical formulations (FDFs) across therapeutic segments. The Target is&nbsp;inter alia&nbsp;engaged in business of manufacturing and marketing of diverse range of FDFs a....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....nd Active Pharmaceutical Ingredients (APIs) and also provides Contract Development and Manufacturing Organisation (CDMO) services. The Commission approved the Proposed Combination subject to complian....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ce of voluntary modifications offered by the Parties. Detailed order of the Commission will follow.<BR> News - Press release - PIB....