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Dr Reddys Laboratories allots equity shares

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Dr Reddys Laboratories announced that the Nomination, Governance & Compensation committee of the Board of Directors of the Company has allotted 30,593 equity shares of Rs. 5/- each of the Company, fully paid up, on 02 September 2015, to Employees on exercise of their Stock Options as per the following details.

a. 24,409 equity shares of Rs. 5/- each pursuant to Dr. Reddy's Employees Stock Option Scheme, 2002.

b. 6,184 equity shares of Rs. 5/- each underlying 6,184 ADRs pursuant to Dr. Reddy's Employees ADR Stock Option Scheme, 2007.

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First Published: Sep 02 2015 | 3:59 PM IST

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