Dr. Reddys Laboratories has informed that the Nomination, Governance & Compensation committee of the Board of Directors of the Company has allotted 18,739 equity shares of Rs 5 each of the Company, fully paid up, on July 4, 2017, to Employees on exercise of their Stock Options as per the following details: (a) 16,710 equity shares of Rs 5 each pursuant to Dr. Reddys Employees Stock Option Scheme, 2002. (b) 2,029 equity shares of Rs 5 each underlying 2,029 ADRs pursuant to Dr. Reddys Employees ADR Stock Option Scheme, 2007. Further, the company enclosed the details as required under Regulation 10(c) of SEBI (Share Based Employee Benefits) Regulation, 2014.
The above information is a part of company’s filings submitted to BSE.
