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

Oxygenta Pharmaceutical Limited has announced a board meeting to record the successful completion of an open offer by Virupaksha Organics Limited, which has taken control of the company. Following the takeover, several directors resigned, and the Board approved new appointments including Mr. Chandra Mouliswar Reddy Gangavaram and Mr. Balasubba Reddy Mamilla (Executive Directors), Mrs. Vedavathi Gangavaram (Non-Executive), and Mr. Veera Reddy Arava, Mr. Sidda Reddy Kanuparthi, and Mrs. Sharvari Swapnil Shinde (Independent Directors). These changes mark a significant management restructuring, aligning with the new promoter’s strategic direction.