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532488

DIVISLAB

NOTLISTED

INE361B01024

Divi's Laboratories Limited

2024-04-01

2025-03-31

Yearly

2025-03-31

Equity

true

false

The Company did not acquire any shares or voting rights in unlisted companies.

true

false

Not applicable

true

Top 100 listed entities

true

d00111

Original

Dr. Kiran S. Divi re-appointed as Whole-time Director and Chief Executive Officer of the Company for a period of 5 years effective from April 01, 2025.

true

false

RAMESHBABU VENKATA NIMMAGADDA

07854042

Non-Executive - Independent Director

Chairperson

1947-08-14

false

Active

Yes

2022-03-26

2017-06-27

2022-06-27

MURALI KRISHNA PRASAD DIVI

ACLPD7222Q

00005040

Executive Director

Not Applicable

1951-03-17

false

Active

1990-10-12

2024-10-10

NIMMAGADDA VENKATA RAMANA

00005031

Executive Director

Not Applicable

1957-08-17

false

Active

1994-10-01

2024-12-26

SATCHANDRA KIRAN DIVI

AAKPD7742A

00006503

Executive Director

Not Applicable

CEO

1976-10-06

false

Active

2001-08-10

2020-04-01

NILIMA PRASAD DIVI

06388001

Executive Director

Not Applicable

1982-04-18

false

Active

2017-06-27

2022-06-27

DEVENDRA RAO SUREDDY

ADPPS1247M

10481393

Executive Director

Not Applicable

1962-05-15

false

Active

2024-02-10

GANAPATY SERU

07872766

Non-Executive - Independent Director

Not Applicable

1953-07-19

false

Active

2017-07-22

2022-07-22

SUNAINA SINGH

AJRPS3343L

08397250

Non-Executive - Independent Director

Not Applicable

1956-05-15

false

Active

2019-03-28

2024-03-28

VEERAYYA CHOWDARY KOSARAJU

08485334

Non-Executive - Independent Director

Not Applicable

1954-10-10

false

Active

2020-01-04

RAJENDRA KUMAR PREMCHAND

ADSPS8560L

00895990

Non-Executive - Independent Director

Not Applicable

1961-03-15

false

Active

2024-05-25

true

Audit Committee

08485334

VEERAYYA CHOWDARY KOSARAJU

Non-Executive - Independent Director

Chairperson

2020-01-04

Audit Committee

07872766

GANAPATY SERU

Non-Executive - Independent Director

Member

2024-02-10

Audit Committee

07854042

RAMESHBABU VENKATA NIMMAGADDA

Non-Executive - Independent Director

Member

2024-02-10

Audit Committee

00895990

RAJENDRA KUMAR PREMCHAND

Non-Executive - Independent Director

Member

2024-05-25

Nomination and remuneration committee

07872766

GANAPATY SERU

Non-Executive - Independent Director

Chairperson

2017-10-31

Nomination and remuneration committee

07854042

RAMESHBABU VENKATA NIMMAGADDA

Non-Executive - Independent Director

Member

2017-06-27

Nomination and remuneration committee

08397250

SUNAINA SINGH

Non-Executive - Independent Director

Member

2019-08-10

Nomination and remuneration committee

08485334

VEERAYYA CHOWDARY KOSARAJU

Non-Executive - Independent Director

Member

2020-01-04

Stakeholders Relationship Committee

07854042

RAMESHBABU VENKATA NIMMAGADDA

Non-Executive - Independent Director

Chairperson

2017-06-27

Stakeholders Relationship Committee

08397250

SUNAINA SINGH

Non-Executive - Independent Director

Member

2019-08-10

Stakeholders Relationship Committee

08485334

VEERAYYA CHOWDARY KOSARAJU

Non-Executive - Independent Director

Member

2020-01-04

Stakeholders Relationship Committee

10481393

DEVENDRA RAO SUREDDY

Executive Director

Member

2024-02-10

Risk Management Committee

00006503

SATCHANDRA KIRAN DIVI

Executive Director

Chairperson

2015-01-31

Risk Management Committee

06388001

NILIMA PRASAD DIVI

Executive Director

Member

2019-03-09

Risk Management Committee

10481393

DEVENDRA RAO SUREDDY

Executive Director

Member

2024-02-10

Risk Management Committee

07872766

GANAPATY SERU

Non-Executive - Independent Director

Member

2024-02-10

Risk Management Committee

99999999

LINGAMNENI KISHORE BABU

Chief Financial Officer

Member

2015-01-31

Mr. L. Kishore Babu is the Chief Financial Officer of the Company.

Risk Management Committee

99999999

LINGAMNENI RAMESH BABU

Vice President (Procurement)

Member

2015-01-31

Mr. L. Ramesh Babu is the Vice President (Procurement) of the Company.

Corporate Social Responsibility Committee

07854042

RAMESHBABU VENKATA NIMMAGADDA

Non-Executive - Independent Director

Chairperson

2019-03-09

Corporate Social Responsibility Committee

00005040

MURALI KRISHNA PRASAD DIVI

Executive Director

Member

2014-03-20

Corporate Social Responsibility Committee

06388001

NILIMA PRASAD DIVI

Executive Director

Member

2024-02-10

2024-11-09

true

2025-02-03

true

Audit Committee

2024-11-09

true

Audit Committee

2025-02-03

true

Corporate Social Responsibility Committee

2024-11-09

true

Corporate Social Responsibility Committee

2025-02-03

true

Risk Management Committee

2024-08-03

true

Risk Management Committee

2025-02-03

true

Nomination and remuneration committee

2025-02-03

true

Yes

true

M. Satish Choudhury

Company Secretary and Compliance Officer

Yes

https://www.divislabs.com/api-manufacturing-company/ https://www.divislabs.com/pharmaceutical-company/ https://www.divislabs.com/api-manufacturer-world/

Yes

https://www.divislabs.com/wp-content/uploads/2022/04/Memorandum-and-ArticlesofAssociation.pdf

Yes

https://www.divislabs.com/api-manufacturing-company/leadership1/#board-of-directors

Yes

https://www.divislabs.com/wp-content/uploads/2022/04/Terms-Conditions-of-Appointment-of-Independent-Directors.pdf

Yes

https://www.divislabs.com/investor-relations/corporate-governance/composition-of-committees/

Yes

https://www.divislabs.com/wp-content/uploads/2022/02/Code-of-Ethics-and-Business-Conduct-of-Divis-Laboratories-Limited.pdf

Yes

https://www.divislabs.com/wp-content/uploads/2020/06/WhistleBlowerPolicy.pdf

Yes

https://www.divislabs.com/investor-relations/reports-and-filings/annual-reporting/

Yes

https://www.divislabs.com/wp-content/uploads/2025/04/RPT_Policy_V4.pdf

Yes

https://www.divislabs.com/wp-content/uploads/2020/06/Policy-on-Material-Subsidiary_-revised-2019-Clean.pdf

Yes

https://www.divislabs.com/wp-content/uploads/2025/04/Familiarisation-Programs-for-Independent-Directors-2025.pdf

Yes

https://www.divislabs.com/investor-relations/shareholders-contact/

Yes

https://www.divislabs.com/investor-relations/shareholders-contact/

Yes

https://www.divislabs.com/investor-relations/statutory-communication/

Yes

https://www.divislabs.com/investor-relations/reports-and-filings/shareholding-pattern/

Yes

https://www.divislabs.com/investor-relations/statutory-communication/

Yes

https://www.divislabs.com/investor-relations/statutory-communication/#investor-meetings-\&-earnings-call

Yes

https://www.divislabs.com/investor-relations/statutory-communication/

Yes

https://www.divislabs.com/investor-relations/statutory-communication/#credit-rating

Yes

https://www.divislabs.com/investor-relations/reports-and-filings/annual-reporting/#subsidiary-financials/

Yes

https://www.divislabs.com/investor-relations/reports-and-filings/AnnualSecretarialcompliancereport

Yes

https://www.divislabs.com/wp-content/uploads/2024/05/Policy-on-Determination-of-Materiality.pdf

Yes

https://www.divislabs.com/wp-content/uploads/2024/05/Policy-on-Determination-of-Materiality.pdf

Yes

https://www.divislabs.com/investor-relations/statutory-communication/

Yes

https://www.divislabs.com/wp-content/uploads/2018/07/Dividend-Distribution-Policy.pdf

Yes

https://www.divislabs.com/investor-relations/reports-and-filings/annual-reporting/

Yes

https://www.divislabs.com/api-manufacturer-world/active-pharmaceutical-ingredients/regulation46/

Yes

https://www.divislabs.com/

Yes

M. Satish Choudhury

Company Secretary and Compliance Officer

Yes

M. Satish Choudhury

Company Secretary and Compliance Officer

false

M. Satish Choudhury

Company Secretary and Compliance Officer

Hyderabad

2025-04-24

THE ADDITIONAL COMMISSIONER OF CUSTOMS, CHENNAI-IV, CHENNAI, TAMILNADU STATE

Order in Original dated December 31, 2024 was issued for reclassifying CTH of the Product exported, leaving the matter to the competent authority for appropriate action if any required and levying penalty of Rs. 1,65,864

2025-01-25

Alleged that the product exported was classified under wrong Customs Tariff Heading (CTH) with intent to avail 1% higher MEIS Benefit

Order is being contested before Appellate Authority and it is estimated that there will not be any material impact on financials or operations or other activities of the Company.

Office of the Commissioner of Central Tax, Ranga Reddy GST Commissionerate, Hyderabad

2024-01-02

The Order pertains to recovery of refund of IGST granted under Rule 96 of CGST Rules, 2017 alleged to have been claimed erroneously in terms of the provisions of the GST Act, 2017 (‘GST Law’). Demand raised: IGST of Rs. 82,04,24,880/- along with applicable interest and penalty of Rs. 82,04,24,880/- being 100% of the tax amount (IGST). Company has filed a Writ Petition before the Hon’ble High Court for the State of Telangana contesting the said GST Order.The Hon’ble High Court for the State of Telangana vide its Order dated January 02, 2024 has admitted the Writ Petition stating that writ petitions involving similar issue of contesting validity of Rule 96(10) of CGST Act, 2017 amongst others have been entertained and interim orders granted; and directed the Company to deposit 10% of the amount demanded within a period of 6 weeks and further directed no coercive action shall be taken against the Company for recovery of the balance amount. The Company is in the process of complying with the directions issued.

The CBIC vide its Notification No.20/2024 dated 8th October 2024 has omitted (deleted) the Rule 96(10) of CGST Rules, 2017 with effect from October 08, 2024. The rulings and notification issued by CBIC support the issues raised by the Company before the Hon’ble High Court of Telangana against the order of GST department, and the issues is expected to be decided in favour of the company. On our Writ Petition, the Honourable Telangana High Court directed us to deposit 10% of the amount demanded and stayed further proceedings and ordered for listing for analogous hearing along with another W.P.No.29396 of 2023 which has the similar case.