Full Press Release Details
| 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 Dr. K P Krishnan
(DIN: 01099097) 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 Dr. K P Krishnan (DIN: 01099097) has
been appointed as an Additional Director, categorized as Independent, on the Board of Dr. Reddy's Laboratories Ltd., for a term
of five consecutive years, effective January 7, 2022. His appointment was approved by the Board based on recommendations of the
Nomination, Governance and Compensation Committee and is subject to approval of shareholders. Dr. Krishnan's profile is attached
Dr. Krishnan is not related to any of the Directors
on the Board of the Company. Further in line with the Stock Exchange Circular dated July 20, 2018, it is hereby confirmed that
Dr. Krishnan 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/ Vivek Mittal | |
| Vivek Mittal | |
| Global General Counsel and Compliance officer |
CC:- New York Stock Exchange Inc.(Stock Code
IFSC Ltd. (Stock Code: DRREDDY)
Dr. K P Krishnan's Profile
For nearly 37 years, Dr. K P Krishnan served
in the Indian Administrative Service (IAS). He superannuated from the IAS on December 31, 2019. In his IAS career he has served
in various field and secretariat positions in India in the Government of India, Government of Karnataka and at the World Bank.
Besides field positions like District Collector Mangalore, in the Government of Karnataka he served in the departments dealing
with agriculture, co-operatives and marketing, urban development and infrastructure, commercial taxes and finance. His key roles
in the Government of India include:
In these positions he served on the boards
of corporations as well as boards of statutory regulatory authorities.
In parallel with his government career, Dr.
Krishnan has been a strong researcher/academic. Besides being visiting faculty at IIM Bangalore, ISB and Ashoka University, he
held the prestigious Bok Visiting Professor of Regulation at the University of Pennsylvania Law School in 2012-13. From 07/08/2020
till 31/12/2021, he served as the IEPF Chair Professor of Economics at the National Council of Applied Economic Research (NAER)
At present, he is an Independent Director on
the Boards of Tata Consumer Products Limited and Shriram Capital Limited.
Dr. Krishnan was educated in Economics at St.
Stephens College and Law at the Campus Law Centre University of Delhi. He joined the IAS in August 1983 and belongs to the Karnataka
cadre. He joined IIM Bangalore in 1999 and was awarded FPM (Ph.D) in Economics in the 2003 graduation ceremony.