Nilima Prasad Divi, a prominent figure in the world of pharmaceuticals, has made a significant real estate acquisition. As the whole-time director (commercial) at Divi’s Laboratories Ltd, she recently purchased two properties in Hyderabad’s upscale Jubilee Hills for a staggering Rs 80 crore. This move highlights her influence within the company and her personal wealth.
Nilima’s father, Dr Murali K Divi, is the founder and managing director of Divi’s Laboratories Ltd, a renowned pharmaceutical company with a market capitalization of Rs 123,000 crore. The company is a global leader in the supply of active pharmaceutical ingredients (APIs), with nearly 90% of its annual revenue of USD 965 million coming from exports.
Nilima has been a part of Divi’s Laboratories for the past five years, bringing with her extensive commercial expertise. Her background includes a Master’s Degree in International Business from Gitam Institute of Foreign Trade, India, and a Master’s in International Finance from Glasgow University, UK. This academic foundation, coupled with her prior experience, has equipped her to effectively administer areas such as Material Sourcing and Procurement, Corporate Finance, and Investor Relations within the company.
The Divi family, with a net worth of Rs 65,110 crore according to Forbes, enjoys a prominent position within the Indian business landscape. Nilima’s recent real estate purchase further underscores her position within this successful family enterprise.
