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RDY Neutral Sentiment Score: 45/100

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 Web: www.drreddys.

Key Takeaway: Mr. Jayanth Sridhar has resigned from his role as Global Head of Biologics at Dr. Reddy's Laboratories, effective January 31, 2026. His decision is motivated by the pursuit of aspirations outside the company. While he plans to assist in the transition, this leadership change may lead to uncertainties within the biologics division moving forward. Further details regarding the resignation are provided under SEBI regulations.

Market Sentiment Analysis

POSITIVE FACTORS

  • Mr. Jayanth Sridhar will ensure a smooth transition until January 2026.
  • The resignation opens opportunities for new leadership in the biologics sector.

CONCERNS & RISKS

  • The resignation of a senior management personnel could cause disruption.
  • Potential uncertainty regarding the future direction of the biologics division.

Full Press Release Details

National Stock Exchange of India Ltd. (Scrip Code: DRREDDY)
BSE Limited (Scrip Code: 500124)
New York Stock Exchange Inc. (Stock Code: RDY)
NSE IFSC Ltd. (Stock Code: DRREDDY)
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), we would like to inform that Mr. Jayanth Sridhar has resigned from the position of Global Head of Biologics of the Company. He will cease to be in employment and Senior Management Personnel of the Company, effective from the close of business hours on January 31, 2026. The resignation letter as received from Mr. Sridhar is annexed herewith.
The details required under Regulation 30 of the SEBI Listing Regulations, read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, is given in Annexure enclosed herewith.
This is for your information and records.
For Dr. Reddy's Laboratories Limited
Company Secretary, Compliance Officer and Head-CSR
Details under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024
Sl. No. Particulars Details
1 Reason for change viz. appointment, re-appointment, resignation, removal, death or otherwise; Mr. Jayanth Sridhar has resigned from the position of Global Head of Biologics of the Company to pursue aspirations outside the Company.
2 Date of appointment/re-appointment/ cessation (as applicable) & term of appointment/re-appointment January 31, 2026
3 Brief profile (in case of appointment) Not applicable
4 Disclosure of relationships between directors (in case of appointment of a director) Not applicable
Date: November 10, 2025
Dr. Reddy's Laboratories Limited
8-2-337, Road No-3, Banjara Hills,
Hyderbabad-Telangana-500034
I hereby tender resignation from my position as Global Head of Biologics of Dr. Reddy's Laboratories Limited to pursue aspirations outside the Company. I will be available to the Company till January 2026 for the smooth transition of my role.
I appreciate the opportunity and have enjoyed the role and wish the Company an immense success in future.
Thanking you and regards,

Frequently Asked Questions

Who has resigned from Dr. Reddy's Laboratories?

Mr. Jayanth Sridhar has resigned as Global Head of Biologics.

When will Jayanth Sridhar's resignation take effect?

His resignation will take effect on January 31, 2026.

Why did Jayanth Sridhar resign?

He resigned to pursue aspirations outside the Company.

What is the role of Jayanth Sridhar at the company?

He served as the Global Head of Biologics.

How long will Jayanth Sridhar assist the company post-resignation?

He will assist until January 2026 for a smooth transition.

Last updated: Nov 10, 2025