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JB Chemicals receives NCLT corrigendum for Torrent merger

pre-market1 source ↓written by the desknot a recommendation

dated
24 Mar 2026
NCLT's website
25 Mar 2026

JB Chemicals and Pharmaceuticals has received a corrigendum order from the NCLT Ahmedabad Bench regarding its proposed merger with Torrent Pharmaceuticals. This procedural update, dated 24 Mar 2026, is part of the ongoing amalgamation process. The order was uploaded on the NCLT's website on 25 Mar 2026.

This development may impact investor sentiment as the merger progresses, reflecting regulatory compliance in the pharmaceutical sector.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 27 Mar 2026, 07:06 IST.

Sourcesnews.google.com

The market after the news

JBCHEPHARM closed −1.4% on the day of the news, from ₹2,085.30 to ₹2,056.70; Nifty −2.1% over the same session.

Bulletin at 07:06 IST on 27 Mar 2026. Every change is measured from ₹2,085.30, the last close before it, on 25 Mar. Nifty 50 is measured over the same sessions.

  • JBCHEPHARM close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
JBCHEPHARM closes around the bulletin against the close before the news, with Nifty 50 rebased to it187820852292axis spans 22%before the news · 25 Mar2085Nifty 50JBCHEPHARMbulletinD0+1+3+519 Mar2 Apr15 AprReference close ₹2,085.30. 16 sessions from 19 Mar to 15 Apr; the price axis spans 22 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before25 Mar₹2,085.30basebase
On the day27 Mar₹2,056.70▼ −1.4%▼ −2.1%+0.7 pp difference
+1 session30 Mar₹2,064.40▼ −1.0%▼ −4.2%+3.2 pp difference
+3 sessions2 Apr₹1,961.10▼ −6.0%▼ −2.5%−3.4 pp difference
+5 sessions7 Apr₹1,961.90▼ −5.9%▼ −0.8%−5.1 pp difference
Gap at the open, % · ₹
▲ +0.2%+4.59 on 27 Mar
Day's range, % · ₹
2.0%≈ 43 high to low
Volume on the day
0.81×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
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Source NSE UDiFF bhavcopy · JBCHEPHARM on the desk →

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