22 Oct 2025 | 3 Mins Read
CCI greenlights Torrent Pharma's stake purchase in JB Chemicals
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Torrent Pharmaceuticals Ltd cleared to acquire 46.39% stake in JB Chemicals and Pharmaceuticals Ltd for ₹11,917 crore, with subject to voluntary modifications. Upon completion, Torrent will become India's second most-valued pharma company, with total stake cost of about ₹19,500 crore, surpassing the 2015 Sun Pharmaceutical-Ranbaxy deal.