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.
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 19,089 equity shares of Rs.5/-
each of the Company, fully paid up, on April 14, 2018, 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.
| /s/ Sandeep Poddar | |
| Sandeep Poddar | |
| 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: April 14, 2018 (Date of allotment on exercise) |
| 9 | Number of shares issued: 19,089 |
| 10 | Share Certificate No., if applicable: NA |
| 11 | Distinctive number of the share, if applicable : 170,988,412 to 171,007,500 |
| 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 : 165,930,196 |
| 16 | Total Issued share capital after this issue : Rs. 829,650,980/- |
| 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 |