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Dr Reddys Laboratories allots equity shares

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Capital Market

Under ESOS

Dr Reddys Laboratories announced that the Nomination, Governance & Compensation committee of the Board of Directors of the Company has allotted 63,862 equity shares of Rs. 5/- each of the Company, fully paid up, on 23 June 2015, to Employees on exercise of their Stock Options as per the following details.

a) 54,696 equity shares of Rs. 5/- each pursuant to Dr. Reddy's Employees Stock Option Scheme, 2002.

b) 9,166 equity shares of Rs. 5/- each underlying 9,166 ADRs pursuant to Dr. Reddy's Employees ADR Stock Option Scheme, 2007.

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First Published: Jun 24 2015 | 1:05 PM IST

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