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.
