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

Please find enclosed a Press Release on "Dr.

Reddy's Laboratories enters into a Licensing Agreement with Gilead Sciences for Remdesivir."

This is for your information.

CC:- New York Stock Exchange Inc.(Stock Code :RDY)

Laboratories enters into a Licensing Agreement

Sciences for Remdesivir

Hyderabad, India and Princeton, NJ, USA. June 13, 2020 - "Dr.

Reddy's Laboratories Ltd. (BSE: 500124, NSE: DRREDDY, NYSE: RDY, along with its subsidiaries together referred to as "Dr.

Reddy's") today announced that it has entered into a non-exclusive Licensing Agreement with Gilead Sciences, Inc. (Gilead)

that will grant Dr. Reddy's the right to register, manufacture and sell Gilead's investigational drug, Remdesivir,

a potential treatment for Covid-19, in 127 countries including India.

Dr. Reddy's will receive technology transfer from Gilead for

manufacturing of this drug. Dr. Reddy's would need to do the manufacturing scale up and obtain regulatory approval for marketing

of this drug in respective countries.

Remdesivir, an investigational antiviral therapy developed by Gilead,

received Emergency Use Authorization (EUA) by the U.S. Food and Drug Administration (USFDA) to treat Covid-19.

About Dr. Reddy's: Dr. Reddy's Laboratories

Ltd. (BSE: 500124, NSE: DRREDDY, NYSE: RDY) is an integrated pharmaceutical company, committed to providing affordable and innovative

medicines for healthier lives. Through its three businesses - Pharmaceutical Services & Active Ingredients, Global Generics

and Proprietary Products - Dr. Reddy's offers a portfolio of products and services including APIs, custom pharmaceutical

services, generics, biosimilars and differentiated formulations. Our major therapeutic areas of focus are gastrointestinal, cardiovascular,

diabetology, oncology, pain management and dermatology. Dr. Reddy's operates in markets across the globe. Our major markets

include - USA, India, Russia & CIS countries, and Europe. For more information, log on to: www.drreddys.com

Disclaimer: This press release may include statements

of future expectations and other forward-looking statements that are based on the management's current views and assumptions

and involve known or unknown risks and uncertainties that could cause actual results, performance or events to differ materially

from those expressed or implied in such statements. In addition to statements which are forward-looking by reason of context,

the words "may", "will", "should", "expects", "plans", "intends",

"anticipates", "believes", "estimates", "predicts", "potential", or "continue"

and similar expressions identify forward-looking statements. Actual results, performance or events may differ materially from

those in such statements due to without limitation, (i) general economic conditions such as performance of financial markets,

credit defaults , currency exchange rates, interest rates, persistency levels and frequency / severity of insured loss events,

(ii) mortality and morbidity levels and trends, (iii) changing levels of competition and general competitive factors, (iv) changes

in laws and regulations and in the policies of central banks and/or governments, (v) the impact of acquisitions or reorganization,

including related integration issues, and (vi) the susceptibility of our industry and the markets addressed by our, and our customers',

products and services to economic downturns as a result of natural disasters, epidemics, pandemics or other widespread illness,

including coronavirus (or COVID-19), and (vii) other risks and uncertainties identified in our public filings with the Securities

and Exchange Commission, including those listed under the "Risk Factors" and "Forward-Looking Statements"

sections of our Annual Report on Form 20-F for the year ended March 31, 2019. The company assumes no obligation to update any

information contained herein."