Divi's Laboratories Limited (DIVISLAB.BO)

3,814.50 -1.95 (-0.05%) As of 10:25AM IST. Market open.

Divi's Laboratories Limited

Divi Towers
1-72/23(P)/DIVIS/303 Cyber Hills Gachibowli
Hyderabad 500032
India
91 40 6696 6300
https://www.divislabs.com

Sector(s): Healthcare
Industry: Drug Manufacturers - Specialty & Generic
Full-time employees: 8,433

Key executives

Name	Title	Pay	Exercised	Year born
Dr. Kiran Satchandra Divi B. Pharm., M.Pharm	CEO & Whole-Time Director	247.9M	N/A	1976
Mr. L. Kishore Babu B.Com, FCMA, FICWA	Chief Financial Officer	N/A	N/A	1952
Mr. M. Satish Choudhury	Company Secretary & Compliance Officer	N/A	N/A	N/A
Mr. Venkata Ramana Nimmagadda B.Sc.(Chem)	Executive Director	363.1M	N/A	1958
Dr. Murali Krishna Prasad Divi M. Pharm, Ph.D.	MD & Executive Director	704.9M	N/A	1951
Ms. Nilima Prasad Divi	Whole-time Director, Chief Control Officer & Director of Commercial	246.4M	N/A	1983
Mr. L. Ramesh Babu LLB, M.Com, MBA	VP of Procurement & Chief Information Officer	N/A	N/A	1957
Mr. Satya Prakash Divi B.Tech (Mech), MBA, MS (CIS)	Vice President of Sales & Marketing	N/A	N/A	1977
Dr. S. Devendra Rao M.Sc.	Whole-Time Director (Manufacturing)	N/A	N/A	1962
Mr. Y. T. S. Prasad B.E.	Global Quality Head	N/A	N/A	1969

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

Divi's Laboratories Limited engages in the manufacture and sale of generic active pharmaceutical ingredients (APIs) and intermediates, and nutraceutical ingredients in India, North America, Asia, Europe, and internationally. It also undertakes custom synthesis contract manufacturing services of APIs and intermediates; and supplies a range of carotenoids, such as beta carotene, astaxanthin, lycopene, and canthaxanthin, as well as other finished forms, including lutein, and vitamins to food, dietary supplement, and feed manufacturers industries. It also exports its products. The company was formerly known as Divi's Research Center and changed its name to Divi's Laboratories Limited in 1994. The company was incorporated in 1990 and is headquartered in Hyderabad, India.

Corporate governance

Divi's Laboratories Limited’s ISS governance QualityScore as of 1 April 2024 is 4. The pillar scores are Audit: 10; Board: 2; Shareholder rights: 1; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.