Full Press Release Details
| Dr. Reddy s Laboratories Ltd. 8-2-337, Road No.3, Banjara Hills, Hyderabad - 500 034, Telangana, India. CIN: L85195TG1984PLC004507 | ||||
| Tel: +9140 4900 2900 Fax: +9140 4900 2999 | ||||
| Email: mail@drreddys.com www.drreddys.com |
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 May 25, 2016:
| Name of the Broker | Number of Equity Shares Bought Back on (25/05/2016) | Total shares bought back | Average Price of Acquisition (Rs.) | |||||
| BSE | NSE | |||||||
| Kotak Securities Limited (A) | 7,670 | 63,278 | 70,948 | BSE- 3,040.90 NSE- 3,043.23 | ||||
| Cumulative Equity Shares bought as on Yesterday (upto 24/05/2016) (B) | 11,57,318 | |||||||
| Less : Quantity Closed Out Today (C) | Nil | |||||||
| Quantity Closed Out as on Yesterday (D) | Nil | |||||||
| Total Quantity closed out (E=C+D) | Nil | |||||||
| Total Equity Shares bought back as on 25/05/2016 (A) +(B) (E) | 12,28,266 |
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. 3,74,27,60,272.68 (Rupees three hundred and seventy four crores
twenty seven lakhs sixty thousand two hundred and seventy two and sixty eight paisa only) on cumulative basis for Buyback (excluding brokerage, transaction charges and taxes, if any) till date 25/05/2016. 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)