Divi's Laboratories Limited informed that Sri Madhusudana Rao Divi expressed his intention to retire as a Director as well as Whole-time Director of the Company in view of his age and health situation, and submitted his resignation with immediate effect to the same. A copy of his resignation letter is
enclosed herewith. The Board of Directors vide its resolution dated August 28, 2023 have approved his retirement and accepted the resignation letter with immediate effect i.e. from August 28, 2023.