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 and Compensation Committee of the Board of Directors of the Company has approved the allotment of 19,251 equity shares
of Rs.5/- each of the Company, fully paid up, on August 9, 2021 to employees pursuant to exercise of their Stock Options under
Dr. Reddy's Employees Stock Option Scheme, 2002.
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/ 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 Equity Shares / American Depository Receipts (ADRs) are listed: BSE Limited National Stock Exchange of India Limited New York Stock Exchange Inc. (ADRs) NSE IFSC Limited (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 |
| 6 | Kind of security to be listed: Equity Shares |
| 7 | Par value of the shares: Rs. 5/- |
| 8 | Date of issue of shares: August 9, 2021 (Date of allotment on exercise) |
| 9 | Number of shares issued: 19,251 equity shares |
| 10 | Share Certificate No., if applicable: NA |
| 11 | Distinctive number of the share, if applicable : 171437639 to 171456889 |
| 12 | ISIN Number of the shares if issued in Demat : INE089A01023 |
| 13 | Exercise price per share: 19,251 equity shares exercised at Rs. 5/- per share |
| 14 | Premium per share: Nil |
| 15 | Total Issued shares after this issue : 16,63,79,585 (*) |
| 16 | Total Issued share capital after this issue : Rs. 83,18,97,925/- |
| 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 |
(*) Total paid up capital after this issue:
16,63,79,385 i.e. Rs. 83,18,96,925 (difference of 200 due to forfeited shares of Rs. 5/- each in September 1988 due to non-payment
of allotment money.)