Oxygenta Pharmaceutical Ltd — Updates, 20-06-2025: Company Update

Oxygenta Pharmaceutical Limited has announced a board meeting following the successful takeover by Virupaksha Organics Limited, which now controls the company. Significant changes in the board have been approved, including the appointment of three executive directors—Chandra Mouliswar Reddy Gangavaram, Balasubba Reddy Mamilla, and Vedavathi Gangavaram—and four non-executive independent directors. Concurrently, six directors, including three executive and three independent directors, resigned due to the management change. The board and committee compositions have been restructured to reflect these changes, positioning the company for a new phase under Virupaksha's leadership.