Full Press Release Details
National Stock Exchange of India Ltd. (Scrip Code: DRREDDY-EQ)
BSE Ltd. (Scrip Code: 500124)
New York Stock Exchange Inc. (Stock Code: RDY)
NSE IFSC Ltd. (Stock Code: DRREDDY)
Sub: Disclosure under Regulation 30 of
the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
This is to inform that the Nomination, Governance
and Compensation Committee of the Board of Directors of the Company at its meeting held on October 26, 2023, has approved the grant of
stock options to the eligible employees under the Employees Stock Option Schemes of the Company:
| Sl. No. | Type of Option(s) | Number of options granted | Value | Exercise Price per share | ESOP Scheme |
| 1 | Indian Stock Options | * 1,820 | Fair Market Value | Rs. 5,514/- | Dr. Reddy's Stock Option Scheme, 2018 |
| 2 | American Depository Receipts (ADRs) Stock Options | # 5,526 | Fair Market Value | Rs. 5,514/- | Dr. Reddy's Employees ADR Stock Option Scheme, 2007 |
*These options shall uniformly
#These options shall uniformly
This is for your information and records.
For Dr. Reddy's Laboratories Limited
Company Secretary, Compliance Officer & Head-CSR