Full Press Release Details
| BSE Limited | The National Stock Exchange of India Limited | |||
| Department of Corporate Services Listing Department P J Towers Dalal Street Mumbai - 400 001 Scrip Code: 500124 | Listing Department Exchange Plaza Plot no. C/1, G Block Bandra-Kurla Complex, Bandra (E) Mumbai - 400 051 Scrip Code: DRREDDY |
With reference to the captioned subject matter, the Company hereby submits the daily report pursuant to Regulation 15(i) of the SEBI (Buy Back of Securities)
Regulations, 1998 regarding equity shares bought back on April 18, 2016:
| Name of the Broker | Number of Equity Shares Bought Back on (18/04/2016) | Total shares bought back | Average Price of Acquisition (Rs.) | |||||
| BSE | NSE | |||||||
| Kotak Securities Limited (A) | NIL | 1,41,000 | 1,41,000 | 3,076.92 | ||||
| Cumulative Equity Shares bought as on Yesterday (B) | NIL | |||||||
| Less : Quantity Closed Out Today (C) | N.A | |||||||
| Quantity Closed Out as on Yesterday (D) | N.A | |||||||
| Total Quantity closed out (E=C+D) | N.A | |||||||
| Total Equity Shares bought back as on 18/04/2016 (A) +(B) (E) | 141,000 |
Please note that the total amount earmarked for Buyback by the Company is Rs. 15,69,41,71,500 (Rupees One Thousand Five
Hundred Sixty Nine Crores Forty One Lacs Seventy One Thousand Five Hundred only) (excluding brokerage, transaction charges and taxes, if any), out of which the Company has utilized Rs. 43,38,45,677.70 on cumulative basis for Buyback (excluding
brokerage, transaction charges and taxes, if any) till date 18/04/2016. The indicative maximum number of equity shares to bought back would be 44,84,049 at the proposed Maximum Buyback price and at Maximum Buyback size.
For Dr. Reddy s Laboratories Limited
| /s/ Sandeep Poddar |
| Sandeep Poddar |
| Company Secretary |
CC: New York Stock Exchange Inc. (Stock Code: RDY)