With reference to various new channels telecasting news about ‘Divi's Laboratories acquiring stake in SMS Pharmaceuticals’. Divis Laboratories has informed that it has denied the news being circulated. Neither the Company nor the promoters have any intention or plans or discussions to acquire stake in SMS Pharmaceuticals or any of its group companies. The Company has always been relying on organic growth.
The above information is a part of company’s filings submitted to BSE.