JB Chemicals & Pharmaceuticals Ltd has informed BSE that subject to the necessary approvals, the Board of Directors of the Company at its meeting held on April 15, 2014, has approved a Scheme of Amalgamation and Arrangement between Jyotindra Mody Holdings Private Limited and Ansuya Mody Securities Private Limited and Dinesh Mody Securities Private Limited and Kumud Mody Securities Private Limited and Shirish B. Mody Investments Private Limited and Bharati S. Mody Investments Private Limited (collectively referred to as the 'Transferor Companies') and J.B. Chemicals & Pharmaceuticals Limited ('Transferee Company' or 'Company') and their respective shareholders under Sections 391 to 394 of the Companies Act, 1956 read with Sections 100 to 103 of the Companies Act, 1956 and Section 55 of the Companies Act, 2013 and other applicable provisions of the Companies Act, 1956 and the Companies Act, 2013 ('Scheme'). JB Chemicals & Pharmaceuticals Ltd has informed BSE that the Hon'ble Bombay High Court has sanctioned the Scheme of Amalgamation and Arrangement between Jyotindra Mody Holdings Private Limited and Ansuya Mody Securities Private Limited and Dinesh Mody Securities Private Limited and Kumud Mody Securities Private Limited and Shirish B. Mody Investments Private Limited and Bharati S. Mody Investments Private Limited and J. B. Chemicals & Pharmaceuticals Limited and their respective shareholders under Sections 391 to 394 read with Sections 100 to 103 of the Companies Act, 1956 and Section 55 of the Companies Act, 2013 and any other applicable provisions of the Companies Act, 1956 and the Companies Act, 2013 (the Scheme') on February 27, 2015. (As Per BSE Announcement Dated on 10.03.2015)