Torrent Pharmaceuticals Limited has voluntarily dissolved its wholly owned subsidiary Curatio Inc., Philippines, as part of its corporate restructuring, the company informed stock exchanges.

The dissolution became effective on July 10, 2026, while the company received official communication confirming the dissolution on July 17, 2026, according to a regulatory filing made under SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations.

Torrent Pharma said Curatio Inc. was dissolved through the shortening of its term of existence by amending its Articles of Incorporation, and the transaction did not involve any sale or transfer of the subsidiary.

The company clarified that the subsidiary had no revenue contribution during FY2025-26, accounting for 0% of the company's turnover, while its net worth stood at Rs. 1.3 crore, representing just 0.02% of Torrent Pharma's consolidated net worth.

As the subsidiary was voluntarily dissolved, there was no sale consideration, no buyer, and the disclosure requirements relating to related-party transactions, slump sale or disposal of an undertaking were not applicable.

Given the subsidiary's negligible financial contribution, the dissolution is not expected to have any material impact on Torrent Pharma's operations or financial performance.