Please find enclosed a Press Release on

Please find enclosed a Press Release on

"Dr. Reddy's announces the re-launch of over-the-counter Naproxen Sodium Tablets USP, 220 mg, store-brand equivalent

of Aleve in the U.S. Market."

This is for your information.

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

Ltd. (Stock Code: DRREDDY)

Reddy's announces the re-launch of over-the-counter Naproxen Sodium Tablets USP, 220 mg, store-brand equivalent of Aleve

India and Princeton, NJ, USA. August 3, 2021 - Dr. Reddy's Laboratories Ltd. (BSE: 500124, NSE: DRREDDY, NYSE:

RDY, NSEIFSC: DRREDDY, along with its subsidiaries together referred to as "Dr. Reddy's") today announced the

re-launch of over-the-counter (OTC) Naproxen Sodium Tablets USP, 220 mg, the store-brand equivalent of Aleve ,

in the U.S. market, as approved by the U.S. Food and Drug Administration (USFDA).

re-launch of Dr. Reddy's Naproxen Sodium Tablets, 220 mg (OTC), is an important addition to our Pain/Analgesics portfolio

of OTC products," says Marc Kikuchi, CEO, North America Generics, Dr. Reddy's Laboratories. "This launch represents

our continued endeavor to leverage our strong capabilities and vertically integrated supply chain on key APIs like naproxen to

ensure a consistent and reliable supply of finished products for our customers and patients."

Reddy's OTC Naproxen Sodium Tablets USP, 220 mg is an over-the-counter nonsteroidal anti-inflammatory drug (NSAID) for use

as a pain reliever and fever reducer. It temporarily relieves minor aches and pains due to: minor pain of arthritis, muscular

aches, backache, menstrual cramps, headache, toothache, and the common cold; it is also used to temporarily reduce fever.

Sodium Tablets USP, 220 mg, had U.S. retail sales of approximately $316 million as of July 2021 according to IRI*.

Reddy's Naproxen Sodium Tablets USP, 220 mg, will be available in multiple-pack sizes to allow consumers a variety of purchasing

is a trademark of Bayer HealthCare LLC.

POS TOTAL US - MULO Period ending July 11, 2021

Dr. Reddy's: Dr. Reddy's Laboratories Ltd. (BSE: 500124, NSE: DRREDDY, NYSE: RDY, NSEIFSC: DRREDDY) is an integrated

pharmaceutical company, committed to providing affordable and innovative medicines for healthier lives. Through its three businesses

- Pharmaceutical Services & Active Ingredients, Global Generics and Proprietary Products - Dr. Reddy's offers

a portfolio of products and services including APIs, custom pharmaceutical services, generics, biosimilars and differentiated

formulations. Our major therapeutic areas of focus are gastrointestinal, cardiovascular, diabetology, oncology, pain management

and dermatology. Dr. Reddy's operates in markets across the globe. Our major markets include - USA, India, Russia

& CIS countries, and Europe. For more information, log on to: www.drreddys.com

This press release may include statements of future expectations and other forward-looking statements that are based on the management's

current views and assumptions and involve known or unknown risks and uncertainties that could cause actual results, performance

or events to differ materially from those expressed or implied in such statements. In addition to statements which are forward-looking

by reason of context, the words "may", "will", "should", "expects", "plans",

"intends", "anticipates", "believes", "estimates", "predicts", "potential",

or "continue" and similar expressions identify forward-looking statements. Actual results, performance or events may

differ materially from those in such statements due to without limitation, (i) general economic conditions such as performance

of financial markets, credit defaults , currency exchange rates, interest rates, persistency levels and frequency / severity of

insured loss events, (ii) mortality and morbidity levels and trends, (iii) changing levels of competition and general competitive

factors, (iv) changes in laws and regulations and in the policies of central banks and/or governments, (v) the impact of acquisitions

or reorganization, including related integration issues, and (vi) the susceptibility of our industry and the markets

addressed by our, and our customers', products and services to economic downturns as a result of natural disasters, epidemics,

pandemics or other widespread illness, including coronavirus (or COVID-19), and (vii) other risks and uncertainties identified

in our public filings with the Securities and Exchange Commission, including those listed under the "Risk Factors" and

"Forward-Looking Statements" sections of our Annual Report on Form 20-F for the year ended March 31, 2021. The company

assumes no obligation to update any information contained herein."