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: Grant of Stock Options
This is to inform you that the Nomination, Governance & Compensation Committee of the Board of Directors of the Company in their meeting held on October 31, 2019, has granted the following stock options to employees of the Company:
a) 3,116 Indian stock options, exercisable at par value of Rs.5/- under "Dr. Reddy's Employees Stock Option Scheme, 2002.
b) 4,140 American Depository Receipts (ADR) stock options, exercisable at par value of Rs.5/- under "Dr. Reddy's Employees ADR Stock Option Scheme, 2007"
This is for your information and records.
| With regards, | |
| /s/ Sandeep Poddar | |
| Sandeep Poddar | |
| Company Secretary |