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.co

National Stock Exchange of India Ltd. (Scrip Code: DRREDDY-EQ)

BSE Limited (Scrip Code: 500124)

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

NSE IFSC Ltd (Stock Code: DRREDDY)

Sub: Submission of Postal Ballot Notice

Pursuant to Regulation 30 of the SEBI (Listing Obligations

and Disclosure Requirements) Regulations, 2015 and in furtherance to our communication dated September 19, 2023, please find enclosed

the Postal Ballot Notice for seeking approval of members, to approve the appointment of Dr. Alpna Hansraj Seth (DIN: 01183914), as an

Independent Director of the Company, effective from September 19, 2023 in terms of Section 149 of the Companies Act, 2013, by way of special

resolution through voting by electronic means (remote e-voting).

In accordance with the General Circulars issued by

the Ministry of Corporate Affairs ( MCA Circulars'), the Postal Ballot Notice indicating, inter alia, the process and

manner of remote e-voting, is being sent only through electronic mode to the members whose names appear on the Register of Members/ List

of Beneficial Owners as on October 6, 2023 ("cut-off date") received from the Depositories and whose e-mail addresses are

registered with the Company/ Company's Registrar and Transfer Agent/ Depositories.

The Company has engaged the services of NSDL for the

purpose of providing e-voting facility to its members. The remote e-voting period commences on Tuesday, October 17, 2023 (9:00 a.m. IST)

and ends on Wednesday, November 15, 2023 (5:00 p.m. IST). The voting results of the postal ballot shall be declared on or before November

This Postal Ballot Notice is also available on the

Company's website www.drreddys.com and on the website of NSDL www.evoting.nsdl.com

This is for your information and records.

For Dr. Reddy's Laboratories Limited

Postal Ballot Notice

Pursuant to Section 110 of the Companies Act,

2013 read with the Companies (Management and Administration) Rules, 2014 and the Circulars issued by the Ministry of Corporate Affairs,

Notice is hereby given that pursuant to the provisions

of Section 110 read with Section 108 of the Companies Act, 2013 (hereinafter referred to as "the Act"), read with Rule 22

and Rule 20 of the Companies (Management and Administration) Rules, 2014 (hereinafter referred to as "the Rules"), and other

applicable provisions of the Act, rules, circulars and notifications thereunder, as amended from time to time, General Circular Nos. 14/2020

dated April 8, 2020 and 17/2020 dated April 13, 2020 read with other relevant circulars, including General Circular Nos. 11/2022 dated

December 28, 2022 and 9/2023 dated September 25, 2023, issued by the Ministry of Corporate Affairs, Government of India (hereinafter collectively

referred to as "MCA Circulars"), and Secretarial Standard on General Meetings issued by the Institute of Company Secretaries

of India ("SS-2") and any other applicable laws, rules and regulations (including any statutory modification(s) or re-enactment(s)

thereof, for the time being in force), that the resolution appended below is proposed for the approval of appointment of Dr. Alpna Hansraj

Seth (DIN: 01183914) as an Independent Director, be passed by the members of the Company (as on the Cut-off Date), through postal ballot

(the "Postal Ballot") only by way of voting through electronic means (remote e-voting). An Explanatory Statement pertaining

to the said resolution setting out the material facts and the reasons/ rationale thereof form part of this Postal Ballot Notice ("the

Notice" or "the Postal Ballot Notice").

The Company has engaged the services of National

Securities Depository Limited ("NSDL") for the purpose of providing e-voting facility (remote e-voting) to all its members,

pursuant to Section 108 of the Act read with Rule 20 of the Rules, as amended, and Regulation 44 of the SEBI (Listing Obligations and

Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations") and aforementioned MCA Circulars. In accordance with

the MCA Circulars, the Notice indicating, inter alia, the process and manner of remote e-voting, is being sent only through electronic

mode to the members whose names appear on the Register of Members/ List of Beneficial Owners as on Friday, October 6, 2023 ("cut-off

date") received from the Depositories and whose e-mail addresses are registered with the Company/ Depositories. Accordingly, the

Company is pleased to provide remote e-voting facility to all its members to cast their votes electronically. The manner of voting on

the proposed resolution is restricted only to e-voting i.e., by casting votes electronically instead of submitting postal ballot forms.

The detailed instructions for e-voting are given in the Notes under the section Procedure for e-voting'.

The Board of the Company has appointed Mrs. Kanchan

Sharma (Membership No. A44664 and COP No. 25913), Partner, failing her, Mr. Atul Mehta (Membership No. F5782 and COP No. 2486), Partner,

M/s Mehta & Mehta, Company Secretaries, as the Scrutinizer for conducting the postal ballot through the remote e-voting process in

a fair and transparent manner. They have communicated their willingness to act as the Scrutinizer and will be available for the said purpose.

The Scrutinizer will submit Scrutinizer's

report to the Chairman of the Company or any person authorized by him, after completion of the scrutiny of the votes cast electronically.

The result of the postal ballot through e-voting process shall be announced at the Registered Office of the Company. The result along

with the Scrutinizer's report would be displayed at the Registered Office of the Company, and will be intimated to NSDL and Stock

Exchanges where the Company's securities are listed and displayed on the Company's website www.drreddys.com along with the Scrutinizer's

RESOLUTION THROUGH POSTAL BALLOT

To approve the appointment of Dr. Alpna Hansraj

Seth (DIN: 01183914), as an Independent Director of the Company, in terms of Section 149 of the Companies Act, 2013

To consider and, if thought fit, to give assent/

dissent to the following resolution, as a Special Resolution:

"RESOLVED THAT pursuant to the provisions

of Sections 149, 150, 152, 161 read with Schedule IV and other applicable provisions of the Companies Act, 2013 ("Act"), together

with the Companies (Appointment and Qualification of Directors) Rules, 2014 (including any statutory modification(s) or re-enactment thereof,

for the time being in force), and Regulations 17(1C), 25(2A) and other applicable provisions of the Securities and Exchange Board of India

(Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), as amended from time to

time, and Articles of Association of the Company, and approval and recommendation of the Nomination, Governance and Compensation Committee

and that of the Board of Directors, Dr. Alpna Hansraj Seth (DIN: 01183914), appointed as an Additional Director of the Company, categorised

as Independent, with effect from September 19, 2023, in terms of Section 161 of the Act, who meets the criteria for independence under

Section 149(6) of the Act and the Rules made thereunder and Regulation 16(1)(b) of the SEBI Listing Regulations and in respect of whom

the Company has received notice in writing under Section 160 of the Act, from a member proposing her as a Director, be and is hereby appointed

as an Independent Director of the Company, for a term of five consecutive years effective from September 19, 2023 till September 18, 2028,

and that she shall not be liable to retire by rotation;

RESOLVED FURTHER THAT the Board of Directors

of the Company be and are hereby authorised to do and perform all such acts, deeds, matters and things, as may be considered necessary,

desirable or expedient to give effect to this resolution."

PROCEDURE FOR E-VOTING':

E-voting will not be allowed beyond

the aforesaid date and time and the e-voting module shall be forthwith disabled by NSDL upon expiry of the aforesaid period.

INFORMATION AND INSTRUCTIONS RELATING TO E-VOTING:

Once the Shareholder has exercised the vote, whether

partially or otherwise, the Shareholder shall not be allowed to change it subsequently or cast the vote again.

In terms of SEBI circular dated December 9, 2020,

on e-voting facility provided by Listed Companies, Individual shareholders holding securities in demat mode are allowed to vote through

their demat account maintained with Depositories and Depository Participants. Shareholders are advised to update their mobile number and

email id in their demat accounts in order to access e-voting facility.

Login method for Individual shareholders holding

securities in demat mode is given below:

Important note: Members who are unable

to retrieve User ID/ Password are advised to use Forgot User ID and Forgot Password option available at abovementioned website.

Helpdesk for Individual Shareholders holding

securities in demat mode for any technical issues related to login through Depository i.e. NSDL and CDSL are as under: