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Divis Laboratories Ltd

NSE: DIVISLAB BSE: 532488

5935

(-2.00)%

Mon, 02 Feb 2026, 05:07 am

divis laboratories ltd History

1990

  • Divis Research Center (DRC) was established.

1991

  • Divis Research Center successfully developed several commercial processes for intermediates and bulk actives and supplied to manufacturing majors.

1994

  • Divis Research Center changed its name to Divis Laboratories Limited to reflect its growing area of operations and its plans to enter the manufacturing sector in the following year.

1995

  • The Manufacturing Facility (Unit-1) at Choutuppal near Hyderabad started operations.

1997

  • SGS-Yarsley of U.K certified Divis Laboratories as ISO-9002 compliant.

1999

  • The European Directorate gave a 'Certificate of Suitability' (CoS) for Naproxen produced at Divis Laboratories.

2000

  • The US-FDA successfully inspected Divis Laboratories.
  • SGS-Yarsley of U.K awarded Divis the ISO 9001 Certification.
  • SGS International AG of Switzerland awarded Divis the ISO-14001 Certification for its efficient Environment Management Systems.

2001

  • BVQI of London awarded Divis the OHSAS-18001 Certification for its Occupational Health and Safety Management Systems.

2002

  • Divis commenced the setting up of its 2nd Manufacturing Facility (Unit-2) at Chippada near Visakhapatnam.

2003

  • Divi's Laboratories opened a new research center called 'DRC-Vizag' for fundamental research in selected niche business core segments.
  • The Company went for an IPO and listed on stock exchanges BSE, NSE, and HSE.
  • The Company received a Certificate of Substantiability from the Council of Europe.
  • Mr. A Narendra was appointed as Company Secretary & Compliance Officer of the Company.

2004

  • The manufacturing facility of Divi's Labs at Choutuppal near Hyderabad was successfully inspected by US-FDA in May 2004.
  • The US-FDA inspected the Choutuppal (Unit-1) for a second time with no 483.

2006

  • The Company delisted its equity shares from The Hyderabad Stock Exchange Ltd (HSE), Hyderabad with effect from March 29, 2006.
  • The US-FDA inspected the Visakhapatnam (Unit-2) for the first time.

2007

  • The Company split its face value from Rs10/- to Rs2/-.

2008

  • The third US-FDA inspection for Choutuppal (Unit-1) took place.

2009

  • The Company was certified and awarded for 'Best Green Belt Development'.
  • The Company received the 'SURAKSHA PURASKAR' for the year 2008.
  • The Company received the ISO 14001: 2004 re-certification for its Environment Management System.
  • The Company gave a bonus in the ratio of 1:1.

2010

  • Divis Lab set up a new unit in SEZ at Visakhapatnam.
  • The Company recommended a dividend of 300% i.e. Rs. 6/- per equity share of Rs. 2/- face value for the year ended March 31, 2010.

2011

  • Divi's Laboratories' stock surged 3.5 per cent in early morning trade on the Bombay Stock Exchange after the announcement of healthy growth in Q2 numbers.

2012

  • The Board of Directors decided to seek shareholders' approval for the re-appointment and revision in remuneration of Mr. Madhusudana Rao Divi as Director-Projects of the Company.
  • The Company re-appointed and revised the remuneration of Mr. Kiran S. Divi, Director & President-Operations of the Company.
  • The remuneration of Dr. Murali K. Divi, Chairman & Managing Director of the Company, was enhanced.
  • The remuneration of Mr. N. V. Ramana, Executive Director of the Company, was enhanced.

2013

  • Divis Laboratories Ltd recommended a dividend of 750% i.e. Rs. 15/- per equity share of Rs. 2/- face value for the year ended March 31, 2013.

2014

  • Divis Laboratories Ltd recommended a dividend of 1000% i.e. Rs. 20/- per equity share of Rs. 2/- face value for the year ended March 31, 2014.

2015

  • Divis Laboratories Ltd approved the issuance of bonus shares on the eve of its 25th year of formation, in the ratio of 1:1.

2016

  • Divis Labs unit-2 at Chippada was successfully inspected by USFDA.

2017

  • Divi's Laboratories reached a milestone of 11,000 employees and became one of the largest employers in the combined state of Telangana/Andhra Pradesh.
  • Divi's Laboratories became one of the top 3 API manufacturers in the world and one of the top API companies in Hyderabad.

2018

  • Divi's Laboratories' market capital reached $5B.
  • The product portfolio was expanded to over 30 products.
  • Divi's Laboratories' stock climbed nearly 2% on a rating upgrade.

2019

  • Divi's Laboratories approved an additional investment of $250M towards expansion of production blocks in Unit-I and Unit-II.
  • The 7th USFDA inspection in Unit 2 took place.

2020

  • Commissioning of new production blocks in DC SEZ at Unit-I and DCV SEZ at Unit-II occurred.
  • US-FDA inspection of Unit-II at Village Chippada, Andhra Pradesh took place.
  • Commencement of commercial production from DCV-SEZ Unit began.
  • Construction of Divi's Laboratories Unit-III Facility near Kakinada commenced.

2021

  • Ground breaking of the manufacturing plant in Kakinada took place.

2022

  • Divi's Laboratories received the EHS excellence Award.
  • Divi's Laboratories reached the milestone of being one among the top 3 API manufacturers in the world and one among the top API companies in Hyderabad.

2024

  • Divi's Laboratories has a global presence in supplying APIs to more than 100 countries.

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