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Dr.Reddys Laboratories informs about allotment of equity shares under ESOP

01 Mar 2021 Evaluate

Dr. Reddy's Laboratories has informed that the Nomination, Governance and Compensation Committee of the Board of Directors of the Company has allotted 2,253 equity shares of Rs 5 each of the Company, fully paid up, on March 1, 2021 to Employees on exercise of their Stock Options as per the following details: 1,116 equity shares of Rs 5 each pursuant to Dr. Reddy's Employees Stock Option Scheme, 2002 and 1,137 equity shares of Rs 5 each underlying 1,137 ADRs pursuant to Dr. Reddy's Employees ADR Stock Option Scheme, 2007. Further, the company has 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.

 

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