Divis Laboratories Announces Retirement of Senior Executives, Including VP Procurement and Projects
Divi's Laboratories Limited has announced that two members of its senior management team, Mr. L. Ramesh Babu and Mr. D. Madhu Babu, will be retiring from the company. Both executives are set to cease being part of the Senior Management Personnel as of July 31, 2026.Mr. L. Ramesh Babu held the position of Vice President (Procurement), while Mr. D. Madhu Babu served as Vice President (Projects). The retirement of both senior members will be effective at the close of business hours on the specified date.
The details regarding the cessation of these executives are summarized below:
| Name | Designation | Cessation Reason | Date of Cessation |
|---|---|---|---|
| Mr. L. Ramesh Babu | Senior Management Personnel - Vice President (Procurement) | Retirement | July 31, 2026 |
| Mr. D. Madhu Babu | Senior Management Personnel - Vice President (Projects) | Retirement | July 31, 2026 |
DIVISLAB Stock Price Movement
As of 9:33 AM, shares of Divi's Laboratories Limited continue to rally, currently trading at ₹8026 after surging 2.44% in live market action. The strong performance pushes the stock to its critical 52-week high, with trades registering a volume of 144,711 shares so far.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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