Venus Remedies logo

Venus Remedies MD, chairman, board of directors and AGM

NSE: VENUSREMBSE: 526953Pharmaceuticals & BiotechnologySmall Cap

Last close ₹1,404.30down ₹37.20 (2.58%)BSE ₹1,396.30

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,441.50.

52-week range of traded prices to 23 Oct 2026
₹432.10Low, 31 Oct 2025₹2,044.30High, 29 Jun 2026
Market cap
₹1,877 Cr1,337th largest listed
P/E
16.2
P/B
2.8
Dividend yield
0.71%
ROE
19.0%
ROCE
21.1%
Debt to equity
0.00
Volume, NSE
52,800

Venus Remedies board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing directorPAWAN CHAUDHARY
  • Company Secretary and Compliance OfficerNeha

12 directors6 independent6 executive

  • PAWAN CHAUDHARY · Chairperson and managing directorExecutive · joined Sep 1989 · reappointed Aug 2025 · 60 months as independent · 1 listed board · 1 committee seat
  • MANU CHAUDHARYExecutive · joined Oct 2005 · reappointed Oct 2023 · 36 months as independent · 1 listed board
  • PEEYUSH JAINExecutive · joined Sep 1994 · reappointed Aug 2025 · 60 months as independent · 1 listed board · 1 committee seat
  • ASHUTOSH JAINExecutive · joined May 2007 · reappointed Aug 2025 · 60 months as independent · 1 listed board
  • AKSHANSH CHAUDHARYExecutive · joined May 2022 · reappointed May 2025 · 60 months as independent · 1 listed board
  • NAVDEEP SUDIndependent · joined Jun 2020 · reappointed Jun 2025 · 60 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • SAVITA GUPTAIndependent · joined Dec 2021 · reappointed Dec 2021 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • NPS MONGAIndependent · joined May 2023 · reappointed May 2023 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • ANIL KUMARIndependent · joined Aug 2024 · reappointed Aug 2024 · 60 months as independent · 1 listed board · 1 as independent
  • JAGDISH CHANDER SHARMAIndependent · joined Aug 2024 · reappointed Aug 2024 · 60 months as independent · 1 listed board · 1 as independent
  • SARANSH CHAUDHARYExecutive · joined May 2026 · reappointed May 2026 · 60 months as independent · 1 listed board
  • GURMINDER SINGH BEDIIndependent · joined May 2026 · reappointed May 2026 · 60 months as independent · 1 listed board · 1 as independent

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 26 May 202611 of 12 present5 independent · 116 days in between
    • 29 Jan 202610 of 10 present5 independent

  • Audit Committee

    Chair NPS MONGA

    NAVDEEP SUD, PAWAN CHAUDHARY

    • 26 May 20263 of 3 present2 independent · 116 days in between
    • 29 Jan 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair SAVITA GUPTA

    NAVDEEP SUD, NPS MONGA

    • 29 Jan 20263 of 3 present3 independent

  • Stakeholders Relationship Committee

    Chair SAVITA GUPTA

    NAVDEEP SUD, PEEYUSH JAIN

    • 31 Mar 20263 of 3 present2 independent · 60 days in between

  • Corporate Social Responsibility Committee

    Chair NPS MONGA

    ASHUTOSH JAIN, AKSHANSH CHAUDHARY

    • 24 Mar 20263 of 3 present1 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • J K Jain & AssociatesPeer-review certificate valid to Apr 2027
1 earlier auditor
  • M/s J.K Jain & AssociatesNamed in the filing for the quarter to Mar 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Venus Remedies AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Venus Remedies dividend history

Annual general meeting, 20 Aug 2026

23,489 shareholders on the register on 13 Aug 2026; present: 5 promoters and 59 others; votes counted by Prince Chadha / P. Chadha & Assocaites.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited standalone financial statements of the company for the financial year ended 31st March 2026 and the reports of the Board of Directors and auditor thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 25.40% · promoters 52.40% · institutions 67.58% · other public 1.49%

  2. To receive, consider and adopt the audited consolidated financial statements of the Company for the financial year ended 31st March 2026 and the report of the auditor thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 25.40% · promoters 52.40% · institutions 67.58% · other public 1.49%

  3. To declare final dividend of Rs.10/-(Rupees Ten only) per equity shares (i.e. 100% on the face value of 10/-) as recommended by the boatrd of directors for the financial year ended 31st March 2026.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 25.44% · promoters 52.40% · institutions 68.56% · other public 1.49%

  4. To appoint Mr. Ashutosh Jain (DIN 01336895) as director liable to retire by rotation.
    OrdinaryPromoters have an interest in it
    99.63% for0.37% against

    Against: promoters 0.00% · institutions 3.41% · other public 0.00%

    Turnout: all 25.44% · promoters 52.40% · institutions 68.56% · other public 1.49%

  5. To appoint Mr. Peeyush Jain (DIN: 00440361) as director liable to retire by rotation.
    OrdinaryPromoters have an interest in it
    99.63% for0.37% against

    Against: promoters 0.00% · institutions 3.41% · other public 0.00%

    Turnout: all 25.44% · promoters 52.40% · institutions 68.56% · other public 1.49%

  6. To ratify remuneration of the cost auditor for the financila year 2026-27.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 25.44% · promoters 52.40% · institutions 68.56% · other public 1.49%

  7. To appoint Mr. Saransh Chaudhary as Executive Director (Whole Time Director) of the company for a term of five years.
    SpecialPromoters have an interest in it
    99.63% for0.37% against

    Against: promoters 0.00% · institutions 3.41% · other public 0.00%

    Turnout: all 25.44% · promoters 52.40% · institutions 68.56% · other public 1.49%

  8. To appoint Dr. Gurminder Singh as Non executive Independent Director of t he company for a term of five years.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 25.44% · promoters 52.40% · institutions 68.56% · other public 1.49%

  9. To reappaoint Dr. (Mrs.) Manu Chaudhary as Joint Managing Director of the Company for five years.
    SpecialPromoters have an interest in it
    99.63% for0.37% against

    Against: promoters 0.00% · institutions 3.41% · other public 0.00%

    Turnout: all 25.44% · promoters 52.40% · institutions 68.56% · other public 1.49%

  10. To re-appoint Dr. (Mrs.) Savita Gupta as Non executive Independent Director of the company for a second term of five years.
    Special
    99.18% for0.82% against

    Against: promoters 0.00% · institutions 7.56% · other public 0.00%

    Turnout: all 25.44% · promoters 52.40% · institutions 68.56% · other public 1.49%

  11. To alter Memorandum of Association
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 25.44% · promoters 52.40% · institutions 68.56% · other public 1.49%

  12. To adopt new Articles of Association
    Special
    91.63% for8.37% against

    Against: promoters 0.00% · institutions 77.57% · other public 0.03%

    Turnout: all 25.44% · promoters 52.40% · institutions 68.56% · other public 1.49%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 22 Aug 2025, 10 resolutions

18,607 shareholders on the register on 15 Aug 2025; present: 6 promoters and 98 others; votes counted by PRINCE CHADHA / M/S P. CHADHA & ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited standalone financial statements of the company for the financial year ended 31st March 2025 and the reports of the Board of Directors and auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 44.16% · promoters 100.00% · institutions 65.57% · other public 6.54%

  2. To receive, consider and adopt the audited consolidated financil statements of the Company for the financial year ended 31st March 2025 and the report of the Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 44.16% · promoters 100.00% · institutions 65.57% · other public 6.54%

  3. To -re-appoint Mr. Akshansh Chaudhary (DIN: 08786627) as director retire by rotation.
    OrdinaryPromoters have an interest in it
    94.37% for5.63% against

    Against: promoters 0.00% · institutions 57.38% · other public 0.00%

    Turnout: all 19.60% · promoters 44.82% · institutions 65.57% · other public 0.81%

  4. To ratify the remuneration of Rs.110000/- per annum for the cost auditors for the financial year 2025-26.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 44.16% · promoters 100.00% · institutions 65.57% · other public 6.54%

  5. Appointment of M/s P. Chadha & Associates, Company Secretaries as Secretarial Auditors of the Company for five financial years.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 44.16% · promoters 100.00% · institutions 65.57% · other public 6.54%

  6. To re-appoint Mr. pawan Chaudhary as Managing Director fo the Company for five years.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 2.40% · promoters 0.00% · institutions 65.57% · other public 0.81%

  7. To Re-appoint Mr. Peeyush Jain as Deputy Managing Director of the Company for 5 years.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 2.40% · promoters 0.00% · institutions 65.57% · other public 0.81%

  8. To re-appoint Mr. Asutosh Jain as Executive Director for five years
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 2.40% · promoters 0.00% · institutions 65.57% · other public 0.81%

  9. To Re-appoint Mr. Akshansh Chaudahry as Executive Director for five financial year.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 2.40% · promoters 0.00% · institutions 65.57% · other public 0.81%

  10. To re-appoint Mr. Navdeep Sud as Independent Director for second term of five years.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 44.16% · promoters 100.00% · institutions 65.57% · other public 6.54%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 23 Sep 2024, 6 resolutions

Present: 4 promoters and 39 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited standalone financial statements of the Company for the financial year ended 31st March 2024 and the reports of the Board of Directors and Auditor thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 17.20% · promoters 39.15% · institutions 79.74% · other public 1.78%

  2. To receive, consider and adopt the audited consolidated financial statements of the Company for the financial year ended 31st March 2024 and the report of the Auditor thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 17.20% · promoters 39.15% · institutions 79.74% · other public 1.78%

  3. To re-appoint Dr. (Mrs.) Manu Chaudhary (DIN: 00435834) as director liable to retire by rotation
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 17.20% · promoters 39.15% · institutions 79.74% · other public 1.78%

  4. To ratify the remuneration of Rs.90,000/- per annum for cost auditors for the financial year 2024-25
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 17.20% · promoters 39.15% · institutions 79.74% · other public 1.78%

  5. To appoint Mr. Jagdish Chander Sharma as a Non-Executive Independent Director of the company for the term of five years w.e.f. 13th August 2024
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 17.20% · promoters 39.15% · institutions 79.74% · other public 1.78%

  6. To appoint Dr. Anil Kumar as a Non- Executive Independent Director of the company for the term of five years w.e.f. 13th August 2024.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 17.20% · promoters 39.15% · institutions 79.74% · other public 1.78%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 24 Aug 2023, 7 resolutions

Present: 2 promoters and 51 others.The company's voting result (opens in a new tab)

  1. To receive, consider and dopt audited standalone financial stataments of the company as on 31st March 2023 along with auditors report and board report.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.15%

    Turnout: all 22.31% · promoters 50.73% · institutions 18.68% · other public 1.61%

  2. To receive, consider and adopt audited consolidated financial statements for the FY ended on 31st March 2023 along with auditors report.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.15%

    Turnout: all 22.31% · promoters 50.73% · institutions 18.68% · other public 1.61%

  3. To re-appoint Mr. Peeyush Jain (DIN: 00440361) as director liable to retire by rotation.
    OrdinaryPromoters have an interest in it
    97.29% for2.71% against

    Against: promoters 0.00% · institutions 99.73% · other public 5.41%

    Turnout: all 9.49% · promoters 20.03% · institutions 18.68% · other public 1.61%

  4. To ratify the remuneration of Cost auditors for the financial year 2023-24 as Rs.90,000/- per annum.
    Ordinary
    99.78% for0.22% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.41%

    Turnout: all 22.31% · promoters 50.73% · institutions 18.68% · other public 1.61%

  5. To appoint M/s JK Jain & Associates as the statutory auditors of t he company upto the conclusion of 39th Annual General Meeting.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.15%

    Turnout: all 22.31% · promoters 50.73% · institutions 18.68% · other public 1.61%

  6. To appoint M. NPS Monga as the Indpenedent Director of the company for five years w.e.f. 29th May 2023.
    Special
    99.78% for0.22% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.41%

    Turnout: all 22.31% · promoters 50.73% · institutions 18.68% · other public 1.61%

  7. To re-appoint Dr. (Mrs.) Manu Chaudhary as Joint Managing Director for 3 years w.e.f 1st October 2023.
    SpecialPromoters have an interest in it
    97.80% for2.20% against

    Against: promoters 0.00% · institutions 99.73% · other public 0.15%

    Turnout: all 9.49% · promoters 20.03% · institutions 18.68% · other public 1.61%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 23 Aug 2022, 9 resolutions

Present: 4 promoters and 50 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt with or without modificatios, Audited Standaslone and consolidated Financial Statements incuding Balancesheet as on 31st March 2022 and Profit and Loss account for the year ended on that date alongwith the Auditors report and directors report thereon.MoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 16.57% · promoters 35.99% · institutions 13.05% · other public 2.44%

  2. To appoint Mr. Ashutosh Jain as an ordinary director who retire by rotation and being eligible has offered himself for re-appointment.
    OrdinaryPromoters have an interest in it
    99.10% for0.90% against

    Against: promoters 0.00% · institutions 99.59% · other public 0.34%

    Turnout: all 16.57% · promoters 35.99% · institutions 13.05% · other public 2.44%

  3. To ratify the remuneration of M/s C.L. Bansal & Associates, Cost Accountants for financial year 202-23.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 16.57% · promoters 35.99% · institutions 13.05% · other public 2.44%

  4. To Re-appoint Mr. Pawan Chaudhary as Managing Director of the company for three years from 1st August to 31st July 2025.
    SpecialPromoters have an interest in it
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.34%

    Turnout: all 16.57% · promoters 35.99% · institutions 13.05% · other public 2.44%

  5. To re-appoint Mr. Peeyush Jain as Deputy Managing Director of the Company for three years with effect from 1st August 2022 to 31st July 2025.
    SpecialPromoters have an interest in it
    99.10% for0.90% against

    Against: promoters 0.00% · institutions 99.59% · other public 0.34%

    Turnout: all 16.57% · promoters 35.99% · institutions 13.05% · other public 2.44%

  6. To re-appoint Mr. Ashutosh Jain as executive director for three years with effect from 1st August 2022 to 31st July 2025.
    SpecialPromoters have an interest in it
    99.10% for0.90% against

    Against: promoters 0.00% · institutions 99.59% · other public 0.34%

    Turnout: all 16.57% · promoters 35.99% · institutions 13.05% · other public 2.44%

  7. To re-appoint Mr. Pravindra Singh Chauhan as Non-Executive Independent Director of the company for 2nd term of five years with effect from 1st August 2022 to 31st July 2027.
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.34%

    Turnout: all 16.57% · promoters 35.99% · institutions 13.05% · other public 2.44%

  8. To appoint Mr. Akshansh Chaudhary as Executive Whole Time Director of the Company for three years with effect from 27th May 2022 to 26th May 2025.
    SpecialPromoters have an interest in it
    99.10% for0.90% against

    Against: promoters 0.00% · institutions 99.59% · other public 0.34%

    Turnout: all 16.57% · promoters 35.99% · institutions 13.05% · other public 2.44%

  9. To appoint Dr. (Mrs.) Savita Gupta as Non Executive Independent Director of the Company for a period of five years with effect from 30th December 2021 to 29th December 2026.
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.28%

    Turnout: all 16.57% · promoters 35.99% · institutions 13.05% · other public 2.44%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 20 Sep 2021, 4 resolutions

Present: 57 promoters and 0 others.The company's voting result (opens in a new tab)

  1. To receive, Cosider and adopt, with or without modicications, Financial Statements unckuding Balance Sheet as on March 31, 2021 and the profit & Loss for the year ended on that sate along with the Aufditors report and Directors report.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 16.53% · promoters 22.46% · institutions 97.14% · other public 12.30%

  2. To appoint Mrs. Manu Chaudhary (DIN: 00435834) as an ordinary director who retires by rotation and being eligible has offered herself for re- appointment.
    Ordinary
    99.40% for0.60% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.00%

    Turnout: all 16.53% · promoters 22.46% · institutions 97.14% · other public 12.30%

  3. To ratify the remuneration of M/s CL Bandal, Cost accountant FY 2021-22
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 16.53% · promoters 22.46% · institutions 97.14% · other public 12.30%

  4. To approve the material related party transaction with wholly owned Subsidairy, Venus Pharma GmbH.
    SpecialPromoters have an interest in it
    99.40% for0.60% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.00%

    Turnout: all 16.53% · promoters 22.46% · institutions 97.14% · other public 12.30%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 10 Feb 2021, 4 resolutions

Present: 3 promoters and 88 others.The company's voting result (opens in a new tab)

  1. Revision in Remuneration of Mr. Pawan Chaudhary, Managing Director
    OrdinaryPromoters have an interest in it
    99.59% for0.41% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.41%

    Turnout: all 7.05% · promoters 0.00% · institutions 0.00% · other public 11.01%

  2. Revision in Remuneration of Mrs. Manu Chaudhary , Joint Managing Director
    OrdinaryPromoters have an interest in it
    99.59% for0.41% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.41%

    Turnout: all 7.05% · promoters 0.00% · institutions 0.00% · other public 11.01%

  3. Revision in Remuneration of Mr. Peeysuh Jain, Deputy Managing Director
    OrdinaryPromoters have an interest in it
    99.59% for0.41% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.41%

    Turnout: all 7.05% · promoters 0.00% · institutions 0.00% · other public 11.01%

  4. Revision in Remuneration of Mr. Ashutosh Jain, Executive Director
    OrdinaryPromoters have an interest in it
    99.59% for0.41% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.41%

    Turnout: all 7.05% · promoters 0.00% · institutions 0.00% · other public 11.01%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 2 Dec 2020, 6 resolutions

Present: 10 promoters and 92 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited Annual Accounts for the year ended on 31st March, 2020 along with the report of Director and Auditor thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 44.16% · promoters 100.00% · institutions 0.00% · other public 12.91%

  2. To appint Mr. Peeyush Jian (DIN 00440361) as an ordinary director who retires by rotation and being eligible has offered himself for reappointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 44.16% · promoters 100.00% · institutions 0.00% · other public 12.91%

  3. To ratify the remuneration of M/s CL Bansal and Associates, Cost Accountants FY2020-21
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 44.16% · promoters 100.00% · institutions 0.00% · other public 12.91%

  4. To appoint Mr Navdeep Sud (DIN 000878764371) as Non Executive Director
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 44.16% · promoters 100.00% · institutions 0.00% · other public 12.91%

  5. To approve the material related party transactions with wholly owned subsidiary Venus Pharma Gmbh, Germany
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 44.16% · promoters 100.00% · institutions 0.00% · other public 12.91%

  6. Issuance of 1025000 warrants fully convertible into equity shares to promoters of the company on Preferential basis
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 8.27% · promoters 0.00% · institutions 0.00% · other public 12.91%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 24 Aug 2023, 1 fund house

  • To receive, consider and dopt audited standalone financial stataments of the company as on 31st March 2023 along with auditors report and board report.
    1 for0 against
  • To receive, consider and adopt audited consolidated financial statements for the FY ended on 31st March 2023 along with auditors report.
    1 for0 against
  • To re-appoint Mr. Peeyush Jain (DIN: 00440361) as director liable to retire by rotation.
    1 for0 against
  • To ratify the remuneration of Cost auditors for the financial year 2023-24 as Rs.90,000/- per annum.
    1 for0 against
  • To appoint M/s JK Jain & Associates as the statutory auditors of t he company upto the conclusion of 39th Annual General Meeting.
    1 for0 against
  • To appoint M. NPS Monga as the Indpenedent Director of the company for five years w.e.f. 29th May 2023.
    1 for0 against
  • To re-appoint Dr. (Mrs.) Manu Chaudhary as Joint Managing Director for 3 years w.e.f 1st October 2023.
    1 for0 against

Mutual fund votes, meeting of 23 Aug 2022, 1 fund house

  • To receive, consider and adopt with or without modificatios, Audited Standaslone and consolidated Financial Statements incuding Balancesheet as on 31st March 2022 and Profit and Loss account for the year ended on that date alongwith the Auditors report and directors report thereon.MoreLess
    1 for0 against
  • To appoint Mr. Ashutosh Jain as an ordinary director who retire by rotation and being eligible has offered himself for re-appointment.
    1 for0 against
  • To ratify the remuneration of M/s C.L. Bansal & Associates, Cost Accountants for financial year 202-23.
    1 for0 against
  • To Re-appoint Mr. Pawan Chaudhary as Managing Director of the company for three years from 1st August to 31st July 2025.
    1 for0 against
  • To re-appoint Mr. Peeyush Jain as Deputy Managing Director of the Company for three years with effect from 1st August 2022 to 31st July 2025.
    1 for0 against
  • To re-appoint Mr. Ashutosh Jain as executive director for three years with effect from 1st August 2022 to 31st July 2025.
    1 for0 against
  • To re-appoint Mr. Pravindra Singh Chauhan as Non-Executive Independent Director of the company for 2nd term of five years with effect from 1st August 2022 to 31st July 2027.
    1 for0 against
  • To appoint Mr. Akshansh Chaudhary as Executive Whole Time Director of the Company for three years with effect from 27th May 2022 to 26th May 2025.
    1 for0 against
  • To appoint Dr. (Mrs.) Savita Gupta as Non Executive Independent Director of the Company for a period of five years with effect from 30th December 2021 to 29th December 2026.
    1 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Tax disputes

Reported in the filing for the quarter to Jun 2026.

  • Tax disputeAsst Commissioner of Income Tax , Circle 5 (1), ChandigarhSince 10 Feb 2016
    The matter is now fixed for hearing on 16.09.2026.
    At the filing before: The appeal pertaining to A.Y 2011-12 was pending for adjudication before National Faceless Appeal Centre (NFAC)- Income Tax. CIT appeals has disposed off the matter vide order dated 30.09.2025 by dismissing our appeal. Now we have filed an appeal before Hon`ble ITAT Chandigarh on 24.11.2025 against the order of CIT appeal. Quantum of Claim Rs. 0.60 crores.MoreLess
  • Tax disputeAsst Commissioner of Income Tax , Circle 5 (1), ChandigarhSince 27 Jan 2018
    The appeal is fixed for hearing on 02.09.2026
    At the filing before: The appeal pertaining to AY 2012-13 was pending for adjudication before National Faceless Appeal Centre (NFAC)- Income Tax. The CIT appeal has disposed off the matter vide order dated 06.10.2025 by allowing the appeal of the company, nonetheless, as one ground was decided in our favour but another ground was decided against us, as such, we have to file appeal. Accordingly, we have filed an appeal before the Hon`ble Income Tax Appellate Tribunal (ITAT) Chandigarh on 17.12.2025. 2. The appeal pertaining to AY 2012-13 was pending for adjudication before National Faceless Appeal Centre (NFAC)- Income Tax. CIT appeal has disposed off the matter vide order dated 06.10.2025 by dismissing our appeal. Now we have filed appeal before the Hon`ble Income Tax Appellate Tribunal (ITAT) Chandigarh on 17.12.2025 Quantum of Claim Rs. 3.46 crores. Quantum of our Claim Rs. 3.46 croresMoreLess
  • Tax disputeCGST (PKL)Since 21 Jun 2024
    Commissioner (appeal) passed order for remand back of the case to the Adjudicating authority for re-consideration. Pending for personal hearing.
    At the filing before: Appellate authority i.e. Commissioner (Appeal) has set aside the order in original dated 10.03.2023 of recovery of refund claim of ITC, issued regarding Sep 2017 ,passed by the Adjudicating Authority and further remanded the case for re- adjudication Quantum of Claim Rs. 87.44 lacMoreLess
  • Tax disputeCGST (PKL)Since 21 Jun 2024
    Commissioner (appeal) passed order for remand back of the case to the Adjudicating authority for re-consideration. Pending for personal hearing.
    At the filing before: Appellate authority i.e. Commissioner (Appeal) has set aside the order in original dated 10/03/2023 of recovery of refund claim of ITC,_issued regarding October 2017 ,passed by the Adjudicating Authority and further remanded the case for re- adjudication Quantum of Claim Rs. 91.32 LacMoreLess
  • Tax disputeCGST (PKL)Since 21 Jun 2024
    Commissioner (appeal) passed order for remand back of the case to the Adjudicating authority for re-consideration. Pending for personal hearing.
    At the filing before: Appellate authority i.e. Commissioner (Appeal) has set aside the order in original dated 10.03.2023 of recovery of refund claim of ITC issued regarding November 2017 ,passed by the Adjudicating Authority and further remanded the case for re- adjudication. Quantum of Claim Rs. 93.18 LacMoreLess
  • Tax disputeCGST (PKL)Since 21 Oct 2020
    Company has filed the appeal before the GSTAT on 30.06.2026, would come up for hearing in due course of time.
    At the filing before: Recovery notice dated 01.03.2020 of refund claim of ITC for the period of Dec 2017. The matter would be contested before GSTAT. Quantum of Claim Rs 87.14 lac
  • Tax disputeCGST (PKL)Since 21 Oct 2020
    Company has filed the appeal before the GSTAT on 30.06.2026, would come up for hearing in due course of time.
    At the filing before: Recovery notice dated 01.03.2020 of refund claim of ITC for the period of Jan 2018 The matter would be contested before GSTAT . Quantum of Claim Rs. 92.81 lac
  • Tax disputeCGST (PKL)Since 21 Oct 2020
    Company has filed the appeal before the GSTAT on 30.06.2026, would come up for hearing in due course of time.
    At the filing before: Recovery notice dated 01.03.2020 of refund claim of ITC for the period of Feb 2018. The matter would be contested before GSTAT. Quantum of Claim Rs. 73.24 Lac
14 more
  • Tax disputeCGST (PKL)Since 21 Oct 2020
    Company has filed the appeal before the GSTAT on 30.06.2026, would come up for hearing in due course of time.
    At the filing before: Recovery notice dated 01.03.2020 of refund claim of ITC for the period of April 2018. The matter would be contested before GSTAT. Quantum of Claim Rs 21.32 Lac
  • Tax disputeCGST (PKL)Since 21 Oct 2020
    Company has filed the appeal before the GSTAT on 30.06.2026, would come up for hearing in due course of time.
    At the filing before: Recovery notice dated 01.03.2020 of refund claim of ITC for the period of March 2018 The matter would be contested before GSTAT. Quantum of Claim RS 1.99 crores
  • Tax disputeCGST (BADDI)Since 20 Dec 2024
    Company has filed the reply and decison awaited.
    At the filing before: Appellate Authority i.e Commissioner(Appeal)_dismissed appeal of the department vide order dated 24.06.2024 stating that Commissioner did not pass review order before filing appeal. The Deptt has issued Show Cause Notice dated 20.12.2024 which is pending for adjudication. Quantum of Claim Rs. 81.96 LacMoreLess
  • Tax disputeCGST (BADDI)Since 17 Apr 2025
    Appeal filed by deptt has been partly allowed and impugned order modified to extent to submit input output ratio for verification by Adjudicating Authority. Reply will be filed in due course.
    At the filing before: Appeal filed by CGST Deptt against VRL refund of ITC for goods exported under Advance license for the period Oct 22 to February 2023 involving total amounting to Rs 27182466/- and SCN has also been received in the same case on 08.08.2026. The total period of 5 months have been consolidated as the facts and circumstances of all cases are similar.MoreLess
  • Tax disputeCGST (PKL)Since 27 Jun 2025
    Appeal has been filed by the company and case yet to be listed.
    At the filing before: Received the SCN from CGST office PKL regarding Audit for the period 2018-2019 to 2022-2023 demand rasied by department of Rs. 2,24,12,611/- & applicable interest & penalty, case was pending for personal hearing.MoreLess
  • Tax disputeCUSTOM DEPT, DELHISince 25 Nov 2024
    Case not listed yet.
    At the filing before: Appeal filed by VRL for 10 Cases regarding rejection of refund of Basic Custom Duty before Customs Authorities involving a total amount of Rs. 61,78,536/-
  • Tax disputeCUSTOM DEPT, DELHISince 1 Sep 2024
    Reply filed and pending for personal hearing.
    At the filing before: Deptt has issued SCN regarding availing claim of benefit of Duty Drawback and RODTEP while having license under MOOWR and why the same may not be rejected and penalty imposed. Amount Rs 2,69,61074/-
  • Tax disputeCGST (BADDI)Since 31 Oct 2025
    Sought extension of time to file reply.
    At the filing before: SCN received for discrepancy in tax rate under NT No. 40/2017 for not showing GST number, Company name, Address Invoice No. 224/BI/002220, 24/BI002274,24/IB002219, 24/IB0020282, 24/IB002081, 24/IB002271, 24/BI/001246 and 24/-25BI002178MoreLess
  • Tax disputeCGST (BADDI)Since 11 Nov 2025
    Sought extension of time to file reply.
    At the filing before: Notice received for discrepancy in tax rate under NT No. 40/2017 not showing GST number, Company name, Address Invoice No. 24-25/IB/00229, 24-25/IB002338, 24-25/IB002350 AND 24-25/IB/002395.
  • Tax disputeCGST (BADDI)Since 12 Dec 2025
    Company filed the reply and order awaited.
    At the filing before: SCN received from CGST office Baddi regarding non-compliance with the condition laid down under rule 96A (1) (a) CGST rules -2017 .Department has demanded payment of IGSt plus interest because we were unable to export with 90 days against invoice no BEXP/0388/23-24 dated 30/09/2023 (Application rejected POST FACTO permission ) of RS. 14,20,606/- along with InterestMoreLess
  • Tax disputeCGST (PKL)Since 30 Dec 2025
    Notice Reply has been filed by the company.
    At the filing before: Received the notice for intimating discrepancies in the return after scruitiny for the period 2022-2023 for Panchkula facility.
  • Tax disputeCUSTOM DEPT, DELHISince 13 Oct 2025
    Appeal filed , however case not listed yet.
    At the filing before: Custom Duty refund application for an amount of Rs. 21,80,963/- has been rejected by the customs Department, Delhi.
  • Tax disputeCUSTOM DEPT, DELHISince 11 Nov 2025
    Appeal filed , however case not listed yet.
    At the filing before: Custom Duty refund application for an amount of Rs. 14,48,868/- has been rejected by the customs Department, Delhi.
  • Tax disputeCUSTOM DEPT, DELHISince 3 Mar 2026
    Appeal filed before commissioner (Appeal), customs dept. Case not listed for hearing yet.
    At the filing before: Custom Duty refund application for an amount of Rs. 70,05,954/- has been rejected by the customs Department, Delhi.

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

At most 2 complaints open, quarter to Dec 2024.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.