23 Oct 2025 | 5 Mins Read
Torrent Pharma gears up for massive JB Chemicals acquisition
Flipitmoney
Torrent Pharmaceuticals' acquisition of a majority stake in JB Chemicals and Pharmaceuticals is approved by the Competition Commission of India, subject to voluntary modifications. The total deal size is estimated at Rs 19,500 crore and will result in Torrent becoming India's second-most valued pharma company after acquisition completion, with estimated annual revenue exceeding Rs 20,100 crore.