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: +91 40 4900 2900 | ||||
| Fax: +91 40 4900 2999 | ||||
| Email: mail@drreddys.com | ||||
| www.drreddys.com |
National Stock Exchange of India Ltd.
New York Stock Exchange Inc.
Sub: Allotment of Equity Shares on exercise of ESOP
This is to inform you that the Nomination, Governance & Compensation committee of the Board of Directors of the Company has allotted 36,215
equity shares of Rs.5/- each of the Company, fully paid up, on August 21, 2017, to Employees on exercise of their Stock Options as per the following details:
Further, please find enclosed the details as required under Regulation 10(c) of SEBI (Share Based Employee Benefits) Regulation, 2014.
This is for your information and records.
| With regards, |
| /s/ Vikas Sabharwal |
| Vikas Sabharwal Assistant Company Secretary |
Details under Regulation 10(c) of SEBI (Share Based Employee Benefits) Regulation, 2014
| 1 | Company name and address of Registered Office: Dr. Reddy s Laboratories Limited 8-2-337, Road No.3, Banjara Hills, Hyderabad 500034 | |
| 2 | Name of the Stock Exchanges on which the company s shares are listed: BSE Ltd. National Stock Exchange of India Limited New York Stock Exchange Inc. (ADRs) | |
| 3 | Filing date of the statement referred in Regulation 10(b) of the SEBI (Share Based Employee Benefits) Regulations, 2014 with Stock Exchange: The Schemes were institutionalised under the erstwhile SEBI (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999 and appropriate details under Schedule V were filed. The Schemes complies with provisions of SEBI (Share Based Employee Benefits) Regulation, 2014. | |
| 4 | Filing Number, if any : NA | |
| 5 | Title of the Scheme pursuant to which shares are issued, if any: Dr. Reddy s Employees Stock Options Scheme, 2002 and Dr. Reddy s Employees ADR Stock Options Scheme, 2007 | |
| 6 | Kind of security to be listed: Equity Shares | |
| 7 | Par value of the shares: Rs. 5/- | |
| 8 | Date of issue of shares: August 21, 2017 (Date of allotment on exercise) | |
| 9 | Number of shares issued: 36,215 | |
| 10 | Share Certificate No., if applicable: NA | |
| 11 | Distinctive number of the share, if applicable : 170,898,218 to 170,934,432 | |
| 12 | ISIN Number of the shares if issued in Demat : INE089A01023 | |
| 13 | Exercise price per share: Rs. 5/- | |
| 14 | Premium per share: Nil | |
| 15 | Total Issued shares after this issue : 165,857,128 | |
| 16 | Total Issued share capital after this issue : Rs. 829,285,640 | |
| 17 | Details of any lock-in on the shares : NA | |
| 18 | Date of expiry of lock-in: NA | |
| 19 | Whether shares identical in all respects to existing shares if not, when will they become identical?: Yes, the shares rank pari passu with the existing shares | |
| 20 | Details of listing fees, if payable : NA |