Divi’s Laboratories Limited has announced the retirement of two key senior management personnel: Mr. L. Ramesh Babu, Vice President (Procurement), and Mr. D. Madhu Babu, Vice President (Projects). Both will cease to be part of the senior management team effective from the close of business hours on July 31, 2026, following their retirement from the company. This announcement is made in accordance with regulatory disclosure requirements.
Senior Management Retirements Announced
Divi’s Laboratories Limited has officially informed stakeholders regarding the impending retirement of two of its senior management personnel. The company announced that Mr. L. Ramesh Babu, who holds the position of Vice President (Procurement), and Mr. D. Madhu Babu, Vice President (Projects), will be retiring from their roles. Their cessation from the senior management team will be effective from the close of business hours on July 31, 2026.
Regulatory Disclosure
This intimation is made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The detailed information, as required by SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is provided in Annexure – I. The company has confirmed that both individuals will be retiring and consequently ceasing to be Senior Management Personnel on the specified date.
Source: BSE
