Dr.Reddy's Laboratories has informed that the Nomination, Governance and Compensation Committee of the Board of Directors of the Company has approved the allotment of 15,169 equity shares of Rs. 5 each of the Company, fully paid up, on June 23, 2022, to employees pursuant to exercise of their Stock Options, as per the following details: 12,357 equity shares of Rs. 5 each pursuant to Dr. Reddy's Employees Stock Option Scheme, 2002; 1,657 equity shares of Rs.5 each underlying 1,657 ADRs pursuant to Dr Reddy's Employees ADR Stock Option Scheme, 2007; 1,155 equity shares underlying 1,155 ADRs at fair market value pursuant to Reddy's Employees ADR Stock Option Scheme, 2007 Please find enclosed the details as required under Regulation 10( c) of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
The above information is a part of company’s filings submitted to BSE.
