Venmax Drugs & Pharmaceuticals Ltd


BSE: 531015 | NSE: NA | ISIN: INE154G01022 
Market Cap: [Rs.Cr.] 6 | Face Value: [Rs.] 10
Industry: Pharmaceuticals - Indian - Bulk Drugs

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Board Meet

29-May-13 
Audited Results 
17-Apr-13 
Quarterly Results Quarterly Results(Cancelled) & Company intends to consider other items of business for its approval. (As Per BSE Bulletin Dated on 16.04.2013) 
09-Feb-13 
Quarterly Results 
24-Dec-12 
Venmax Drugs and Pharmaceuticals Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on December 15, 2012, inter alia, for considering the following: 1. To consider and if thought fit to transact the following items of business by way of Postal Ballot: - Further issue of securities under Section 81(1A) of the Companies Act, 1956 - Power to borrow the money under Section 293(1)(d) of the Companies Act, 1956 - Power to dispose of the assets under Section 293(1)(a) of the Companies Act, 1956 2. To appoint scrutinizer for conducting postal ballot for the above matters. 3. To consider and approve calendar of events for postal ballot. 4. To authorize one of the Directors/ officers of the Company for carrying out the above matters. Venmax Drugs and Pharmaceuticals Ltd has informed BSE that the meeting of Board 0f Directors of the Company scheduled on December 15, 2012 was adjourned to December 24, 2012 due to want of quorum. (As per BSE Announcement Dated on 17.12.2012) (Revised) (As Per Bulletin Dated On 18.12.2012) Venmax Drugs and Pharmaceuticals Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 24, 2012, inter alia, has considered and approved the following resolutions: 1. Further issue of securities under Section 81(1A) of the Companies Act, 1956. 2. Power to borrow the money under Section 293(1) (d) of the Companies Act, 1956. 3. Power to dispose of the assets under Section 293(1) (a) of the Companies Act, 1956. 4. The scrutinizer for conducting the postal ballot for the above matters has been appointed. (As Per BSE Announcement Dated On 24.12.2012) 
29-Oct-12 
Quarterly Results 

AGM

29-Sep-12
Venmax Drugs and Pharmaceuticals Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 27, 2012 to September 29, 2012 (both days inclusive) for the purpose of 23rd Annual General Meeting (AGM) of the Company to be held on September 29, 2012. Venmax Drugs and Pharmaceuticals Ltd has informed BSE that the 23rd Annual General Meeting (AGM) of the Company was held on September 29, 2012. (As per BSE Announcement Dated on 05.10.2012)  
30-Dec-11
Venmax Drugs and Pharmaceuticals Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from December 28, 2011 to December 30, 2011 (both days inclusive) for the purpose of 22nd Annual General Meeting (AGM) of the Company to be held on December 30, 2011. Venmax Drugs and Pharmaceuticals Ltd has informed BSE that the 22nd Annual General Meeting (AGM) of the Company was held on December 30, 2011. 1. Adopted the audited accounts for the year ended March 31, 2011 together with the reports of the auditors and Directors. 2. Re-appointed Sri. Ramakrishaniah Appanaboyana, as a director liable for retirement by rotation. 3. Appointed M/s. Jawahar & Associates, Chartered Accountants, as Auditors of the Company to hold office until the conclusion of the next Annual General Meeting on remuneration, terms & conditions. (As Per BSE Announcement Website Dated on 03/01/2012) 
30-Dec-10
AGM 30/12/2010 (Revised) Venmax Drugs and Pharmaceuticals Ltd has informed BSE that the members at the 21st Annual General Meeting (AGM) of the Company held on December 30, 2010, inter alia, have taken the following decisions: 1. Adoption of audited accounts, reports of auditors and director for the year 2009-2010. 2. Appointed a director in place of G. Gopal Yadav, who retires by rotation and being eligible offers himself for reappointment. 3. Appointed M/s. Jawahar and Associates as auditors of the Company. 4. Appointed Mrs. Hansa Vijay Jogadia as additional director of the Company. (As Per BSE Announcement Dated on 30.12.2010) 
30-Sep-09
AGM 30/09/2009 Yenkey Drugs & Pharmaceuticals Ltd has informed BSE that the members at the 20th Annual General Meeting (AGM) of the Company held on September 30, 2009, inter alia, have accorded to the following: 1. Adopted the audited accounts for the year ended March 31, 2009, together with the reports of the Auditors and Directors. 2. Appointment of M/s. Jawahar & Associates, Chartered Accountants, as Auditors of the Company to hold office for the period from the conclusion of this Meeting until the conclusion of the next Annual General Meeting of the Company, on remuneration terms & conditions. 3. Appointment of Sri. Nitesh Vijay Vargiya, Dr. A. Ramakrishnaiah & Sri. I. Seshagiri Rao as Directors of the Company, liable to retire by rotation. 4. Appointment of Ms. M. Usha Rani as Technical Director for a period of 1 year w.e.f. September 05, 2009, on remuneration, terms & conditions. (As Per BSE Announcement Dated on 06/10/2009) With reference to earlier annoucement regarding Outcome of AGM, Yenkey Drugs & Pharmaceuticals Ltd has informed BSE that in the said annoucement the Company had inadvertently communicated the outcome on item No 7, regarding renewal of appointment of Ms. Usha Rani as Technical Director and payment of remuneration and Prerequisites, as unanimously approved by the shareholders. Actually the same Motion was defeated and hence the subject matter of the Motion Viz. renewal of appointment of Ms. Usha Rani as Technical Director and payment of remuneration and Perquisites was DEFEATED. (As Per BSE Announcement Dated on 09/11/2009) 
29-Dec-08
AGM 29/12/2008 Yenkey Drugs & Pharmaceuticals Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on December 29, 2008, inter alia, have accorded to the following: 1. Adopted the audited accounts for the year-ended March 31, 2008, together with the reports of the Auditors and Directors. 2. Appointed a Director in place of G Gopal Yadav, & M Usha Rani, who retire by rotation and being eligible, offers themselves for re-election. 3. Appointed M/s. Jawahar and Associates, Hyderabad as Auditors of the Company. 5. Changed the name of the Company from "Yenkey Drugs & Pharmaceuticals Ltd" to "Venmax Drugs Pharmaceuticals Ltd". 6. The Company's paid up capital as on March 31, 2006 is Rs 463.53 lakhs divided into 46,35,300 shares of Rs 10/- each has been reduced to Rs 231.765 lakhs divided into 23,17,650 shares of Rs 10/- each as per the Hon'ble BIFR orders dated January 29, 2008. Further the Company has informed that, the Company has got extension under Section 166(1) of the Companies Act, 1956 the Registrar of Companies, Andhra Pradesh has considered a period of 90 days to convene the Annual General Meeting. (As Per BSE Announcement Website dated on 29.12.2008) 

EGM

26-Jun-06
Yenkey Drugs & Pharmaceuticals Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on June 26, 2006, inter alia, have accorded to the following: 1. Increase in Authorised share capital from Rs 6,00,00,000/- divided into 60,00,000 Equity Shares of Rs 10/- each, to Rs 8,00,00,000/- divided into 80,00,000 Equity Shares of Rs 10/- each, ranking pari passu with the existing Equity Shares of the Company and consequential amendments Memorandum & Articles of Association of the Company. 2. Alteration in the Articles of Association of the Company by adding the new Article 13 d thereof after existing Article 13 c. 3. To offer / issue and allot 16,00,000 Equity Shares of Rs 10/- each fully paid up at a premium of Rs 2.50 per share to the select investors and such new equity shares being of the face value of Rs 10/- of the company, treated as fully paid up and such new equity shares shall rank pari passu in all respect with the existing shares of the Company. 4. Authority to the board for offering, issuing and allotting 14,00,000 convertible warrants of Rs 10/- each to the non promoters of the company on preferential basis and on the basis of issue price to be determined as per the existing SEBI (Disclosure and Investor Protection) Guidelines, 2000 and on such terms and conditions as may be decided by the Board subject to necessary provisions & approvals. 
29-Aug-05
EGM 29/08/2005 Yenkey Drugs & Pharmaceuticals Ltd has informed BSE that the members at the Extraordinary General Meeting (EGM) of the Company held on August 29, 2005, have approved the preferential allotment of 9,26,000 number of equity shares @ 10/- per share to the persons. The proposed allotment could not be completed due to the non receipt of Share Application and Allotment Money with in stipulated period. (As per BSE Bulletin dated on 03/05/2006) 

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
Lupin 35,377.25 28.07 7.30 21.23 23.4 22.7 0.30
Divi's Lab. 12,734.71 20.83 4.99 13.41 27.3 34.1 0.02
Jubilant Life 2,375.16 30.18 1.28 21.18 3.1 6.4 1.43
Elder Pharma 655.74 7.12 0.85 6.59 12.9 13.0 1.25
Hikal 641.65 25.15 1.87 5.65 22.4 18.2 1.53
Shilpa Medicare 630.14 13.69 1.91 9.34 16.3 18.0 0.19
Vinati Organics 530.02 7.72 2.20 5.63 33.2 31.3 0.75
Dishman Pharma. 501.95 7.94 0.68 5.44 6.8 10.2 0.80
Orchid Chemicals 397.69 0.00 0.43 7.67 9.7 8.3 1.75
Nectar Lifesci. 362.24 4.23 0.42 6.25 9.7 11.2 1.22
Shasun Pharma. 338.19 13.86 1.18 7.48 14.0 8.9 1.05
Sequent Scien. 302.02 0.00 3.07 7.62 -3.9 5.9 1.58
Suven Life Scie. 277.40 9.00 1.80 10.21 11.3 9.1 0.64
SMS Pharma. 270.54 0.00 1.10 8.91 0.5 6.1 0.89
Aarti Drugs 256.49 5.63 1.24 4.78 13.5 13.7 1.48

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Key Information

Key Executives:

N V Narender , Chairman & Managing Director 

G Gopal Yadav , Director 

A Ramakrishnaiah , Director 

Nitesh Vijay Vargiya , Additional Director 


Company Head Office / Quarters:
E-18 Madhuranagar,
Ameerpet,
Hyderabad,
Andhra Pradesh-500038
Phone :
Fax :
E-mail :
venmaxdrugs@gmail.com
yenkeydrugs@yahoo.com
Web : http://
Registrars:
CIL Securities Limited
214 RaghavaRatna Tow
Chiragali Lane
Abids
Hyderabad 500001

Fund Holding

 
Scheme Name No. of Shares
No data found

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