NSEGeneral Updates4d ago · 17 Jul 2026, 10:41 pm
General Updates
Torrent Pharmaceuticals Limited · TORNTPHARM
✦ AI SummaryInsolvency
Torrent Pharmaceuticals Limited has informed the Exchange about the dissolution of its wholly owned subsidiary, Curatio Inc., Philippines, with effect from July 10, 2026. The company has received communication of the dissolution on July 17, 2026, and has provided details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk8/10
Liquidity Impact8/10
Market Sentiment5/10
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Torrent Pharmaceuticals Limited has informed the Exchange about General Updates
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TORNTPHARM_17072026224140_SE_Intimation_Curatio_Inc.pdf
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17th July, 2026
The Dy. General Manager (Listing Dept.) The Manager – Listing Dept.,
BSE Limited, National Stock Exchange of India Ltd.,
Corporate Relationship Dept., Exchange Plaza, 5th Floor,
1st Floor, New Trading Ring, Plot No. C/1, G. Block,
P. J. Towers, Dalal Street, Fort, Bandra - Kurla Complex, Bandra (E),
Mumbai - 400 001 Mumbai – 400 051
(BSE Scrip Code: 500420) (NSE Scrip Code: TORNTPHARM)
Dear Sir,
Sub: Dissolution of Wholly Owned Subsidiary (WOS)
Ref: Disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (“Listing Regulations”), we would like to inform you that the Curatio Inc.,
Philippines Wholly Owned Subsidiary (WOS) of the Company domiciled in Philippines, has been
voluntarily dissolved with effect from 10-Jul-26. The Company has received communication of
above dissolution on 17-Jul-26 from Philippines.
The details as required under Regulation 30 of Listing Regulations read with SEBI Circular No.
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30-Jan-26 is enclosed herewith as Annexure.
You are requested to take the above on records.
Thanking you,
Yours sincerely,
For TORRENT PHARMACEUTICALS LIMITED
CHINTAN M. TRIVEDI
COMPANY SECRETARY
Email – investorservices@torrentpharma.com
Annexure
Sr Particulars Details
1 The amount and percentage of the turnover or revenue or Details as on 31-Mar-26
income and net worth contributed by such unit or division
or undertaking or subsidiary or associate company of the Turnover for FY 2025-26:
listed entity during the last financial year; Nil (0%)
Net worth for FY 2025-26:
Rs 1.3 Crores (0.02%)
2 Date on which the agreement for sale has been entered Not applicable as entity has
into; dissolved by shortening of
term of existence via
amendment in Articles of
Incorporation
3 The expected date of completion of sale/disposal; Not Applicable
4 Consideration received from such sale/disposal; Not Applicable as entity has
been dissolved
5 Brief details of buyers and whether any of the buyers Not Applicable
belong to the promoter/ promoter group/group
companies. If yes, details thereof;
6 Whether the transaction would fall within related party Not Applicable
transactions? If yes, whether the same is done at “arm’s
length”;
7 Whether the sale, lease or disposal of the undertaking is Not Applicable
outside Scheme of Arrangement? If yes, details of the
same including compliance with regulation 37A of
LODR Regulations.
Email – investorservices@torrentpharma.com
8 Additionally, in case of a slump sale, indicative Not Applicable
disclosures provided for amalgamation/merger, shall be
disclosed by the listed entity with respect to such slump
sale.
Email – investorservices@torrentpharma.com