Venmax Drugs & Pharmaceuticals
27.69
-24.79(-100.00%)
Market Cap₹21.80 Cr
PE Ratio25.04
IndustryHealthcare
Company Performance:
1D-100.00%
1M-0.24%
6M-3.80%
1Y-6.59%
5Y+276.75%
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More news about Venmax Drugs & Pharmaceuticals
28Mar 26
Venmax Drugs and Pharmaceuticals Board Approves Amendment to Amalgamation Scheme Share Capital Structure
Venmax Drugs and Pharmaceuticals Limited board approved amendments to the share capital clause in its draft amalgamation scheme with Hatri Pharma Private Limited during a meeting on March 27, 2026. The modifications increase the issued, subscribed and paid-up capital from Rs. 8.00 crores to Rs. 11.58 crores, reflecting the conversion of 63.44 lakh equity share warrants, while 36.81 lakh warrants remain pending conversion. The authorized share capital remains unchanged at Rs. 22.00 crores.
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24Mar 26
Venmax Drugs Allots 28 Lakh Equity Shares Through Warrant Conversion
Venmax Drugs and Pharmaceuticals Limited converted 28,00,000 warrants into equity shares at Rs. 20 each, raising Rs. 4.20 crore from two non-promoter investors. The Board approved the allotment on March 23, 2026, increasing paid-up capital to Rs. 11.58 crore. The company retains 36,81,000 outstanding warrants for future conversions.
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11Mar 26
Venmax Drugs & Pharmaceuticals Promotes Venkata Rao Sadhanala to Managing Director
Venmax Drugs & Pharmaceuticals Limited has promoted Mr. Venkata Rao Sadhanala from Whole Time Director to Managing Director for a five-year term from March 11, 2026, to March 10, 2031. The appointment, approved by the Board following Nomination and Remuneration Committee recommendations, carries an annual remuneration of Rs. 30 lakhs including perquisites. Mr. Sadhanala, a qualified Chartered Accountant and Company Secretary with over three decades of experience in banking, finance, FMCG, and pharmaceutical industries, brings expertise in project finance, corporate strategies, and mergers & acquisitions. The appointment remains subject to shareholder approval at the next General Meeting.
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07Feb 26
Venmax Drugs Reports Q3FY26 Results with ₹162.06 Lakhs Revenue & Fund Compliance
Venmax Drugs & Pharmaceuticals achieved significant financial recovery in Q3FY26 with revenue of ₹162.06 lakhs and net profit of ₹3.21 lakhs, compared to a loss of ₹49.52 lakhs in the previous year. The company also maintained compliance with fund utilization requirements for its ₹20.05 crores preferential issue, with ₹3.98 crores utilized without any deviation from stated objectives.
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21Jan 26
Venmax Drugs Allots 7.75 Lakh Equity Shares Through Warrant Conversion Worth ₹1.16 Crores
Venmax Drugs and Pharmaceuticals Limited allotted 7,75,000 equity shares on January 21, 2026, through warrant conversion by three non-promoter investors. The conversion was executed at ₹20 per share, generating ₹1,16,25,000 in proceeds and increasing the company's paid-up capital to ₹8,78,29,300. With 64,81,000 warrants still outstanding from the original March 2025 issuance, the company maintains potential for further capital expansion through future conversions.
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24Nov 25
Venmax Drugs & Pharmaceuticals: Independent Director Dakshita Jain Steps Down
Mrs. Dakshita Jain, Non-Executive Independent Director of Venmax Drugs & Pharmaceuticals Limited, has resigned from the board effective November 24, 2025. The resignation, attributed to personal and professional commitments, was accepted by the board in a meeting on the same date. The company reported no other material reasons for her departure.
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12Nov 25
Venmax Drugs Reports Strong Revenue Growth and Advances Amalgamation with Hatri Pharma
Venmax Drugs & Pharmaceuticals Limited (VDPL) reported a 669.7% increase in Q2 FY2026 revenue to Rs 131.85 lakhs and returned to profitability with Rs 2.44 lakhs net profit. Half-year revenue grew 818.9% to Rs 252.87 lakhs. The company is progressing with its proposed amalgamation with Hatri Pharma Private Limited, aiming for operational efficiencies and economies of scale. The amalgamation involves a 1:1 share exchange ratio. VDPL's total assets increased to Rs 1,364.68 lakhs, with improved equity and cash positions.
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23Jul 25
Venmax Drugs & Pharmaceuticals Reports Rs 3.74 Lakh Profit in Q1 Results
Venmax Drugs & Pharmaceuticals Limited announced unaudited standalone financial results for Q1 ended June 30. The company reported revenue from operations of Rs 121.03 lakhs and achieved a profit of Rs 3.74 lakhs. Total expenses stood at Rs 117.29 lakhs. The balance sheet showed improvements with cash and cash equivalents increasing to Rs 251.94 lakhs and trade receivables rising to Rs 230.81 lakhs.
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1 Year Returns:-6.59%
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