New Delhi : Fair trade regulator CCI on Tuesday cleared Torrent Pharmaceuticals Ltd's proposed acquisition of a stake in JB Chemicals and Pharmaceuticals, subject to voluntary modifications offered by the companies.The development came after Torrent Pharmaceuticals in June this year announced the acquisition of a majority stake in JB Chemicals and Pharmaceuticals in a Rs 19,500-crore deal.

C-2025/07/1299-Commission approves acquisition of J.B.Chemicals & Pharmaceuticals Limited by Torrent Pharmaceuticals Limited with voluntary modifications pic.twitter.com/9YdeJNqr0m — CCI (@CCI_India) October 21, 2025

"The proposed combination relates to the acquisition of shareholding by Torrent Pharmaceuticals Ltd (acquirer) in JB Chemicals & Pharmaceuticals Ltd (target) and the subsequent amalgam

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