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 |
| Corporate Relationship Department | National Stock Exchange of India Ltd. |
| BSE Limited | "Exchange Plaza" |
| Dalal Street, Fort | Bandra-Kurla Complex, Bandra (East), |
| Mumbai - 400 001 | Mumbai - 400 051 |
| Fax Nos.: 022-22723121 / 22723719 / | Fax Nos.: 022-26598120/ 26598237/ |
| 22722037 / 22722039 | 26598238 |
Sub: Appointment of Ms. Shikha Sanjaya Sharma (DIN: 00043265)
as an Additional Director, categorized as Independent, on the Board of the Company
Pursuant to Regulation 30 of SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that Ms. Shikha Sanjaya Sharma (DIN: 00043265)
has been appointed as an Additional Director, categorized as Independent, on the Board of Dr. Reddy's Laboratories Ltd., for a
period of five years, effective January 31, 2019. Her appointment is subject to approval of shareholders.
Ms. Sharma was the Managing Director &
CEO of Axis Bank, India's third largest private sector bank from June 2009 upto December 2018. As a leader adept at managing
change, she led the Bank on a transformation journey from being primarily a corporate lender to a bank with a strong retail deposit
franchise and a balanced lending book.
Ms. Sharma has more than three decades
of experience in the financial sector, having begun her career with ICICI Bank Ltd in 1980. During her tenure with the ICICI group,
she was instrumental in setting up ICICI Securities. As Managing Director & CEO of ICICI Prudential Life Insurance Company
Ltd., she led the company to become the No. 1 private sector life insurance company in India.
She was a member of RBI's Technical
Advisory Committee, RBI's panel on Financial Inclusion, the Committee on Comprehensive Financial Services for Small Businesses
and Low-Income Household etc. She has chaired CII's National Committee on Banking during 2015-2017.
Ms. Sharma holds an MBA from the Indian
Institute of Management, Ahmedabad, B.A. (Hons.) in Economics and PGD in Software Technology from National Centre for Software
Technology (NCST), Mumbai.
Ms. Sharma is not related to any of the
Directors on the Board of the Company. Further to Stock Exchange Circular dated July 20, 2018, it is hereby confirmed that Ms.
Sharma is not debarred from holding the office of director by virtue of any SEBI order or any other such authority.
This is for your information and records.
| /s/ Sandeep Poddar | |
| Sandeep Poddar | |
| Company Secretary |
CC:- New York Stock Exchange Inc.(Stock Code :RDY)