Full Press Release Details
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 2,304 equity shares
of Rs.5/- each of the Company, fully paid up, on September 22, 2021 to employees pursuant to 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 and Sweat Equity) Regulation, 2021.
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 and Sweat Equity) Regulations, 2021
| 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 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 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: September 22, 2021 (Date of allotment on exercise) |
| 9 | Number of shares issued: 2,304 equity shares |
| 10 | Share Certificate No., if applicable: NA |
| 11 | Distinctive number of the share, if applicable : 171474012 to 171476315 |
| 12 | ISIN Number of the shares if issued in Demat : INE089A01023 |
| 13 | Exercise price per share: 2,304 equity shares exercised at Rs. 5/- per share |
| 14 | Premium per share: Nil |
| 15 | Total Issued shares after this issue : 166,399,011 (*) |
| 16 | Total Issued share capital after this issue : Rs. 831,995,055/- |
| 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 |
paid up capital after this issue: 166,398,811 i.e. Rs. 831,994,055 (difference of 200 due to forfeited shares of Rs. 5/- each in
September 1988 due to non-payment of allotment money.)