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Divis Laboratories Announces Rs 80 Crore Bonanza For Employees

Employees and whole-time directors of Hyderabad-based pharma company Divis Laboratories will get a one-time payment of Rs 79 crore in total on the occasion of completion of 25 years of formation of the company. 

This one-time payment was approved by the company's board on Friday.  Established in 1990, Divis Laboratories employs about 10,000 personnel.

The company manufactures active pharmaceutical ingredients (APIs) and intermediates. APIs are substances used in the manufacture of drugs.