JB Chemicals & Pharmaceuticals Limited has submitted toÿ the Exchange a copy of Recommendation of the committee of Independent Director ( IDC) of the company on the open offer(as defined below) made by torrent pharmaceuticals ltd to the eligible shareholders of the company, under Regulation 26(7) of Securities and Exchange Board of India (SAST) Regulations, 2011 and subsequent amendments thereto ( SEBI (SAST) Regulations"")