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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 19,138 equity shares of Rs. 5/- each of the Company, fully paid up, on 04 December 2015, to Employees on exercise of their Stock Options as per the following details.

a) 18,958 equity shares of Rs. 5/- each pursuant to Dr. Reddy's Employees Stock Option Scheme, 2002.

b) 180 equity shares of Rs. 5/- each underlying 180 ADRs pursuant to Dr. Reddy's Employees ADR Stock Option Scheme, 2007.

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First Published: Dec 04 2015 | 2:27 PM IST

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