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Dr. Reddy's arm to sell membership interests in DRLL

08 Jan 2025 Evaluate

Dr. Reddy's Laboratories’ wholly owned subsidiary -- Dr. Reddy’s Laboratories Inc, USA has entered into an agreement for sale of all the issued and outstanding membership interests in its wholly owned subsidiary --Dr. Reddy’s Laboratories Louisiana LLC (DRLL), along with manufacturing facility of DRLL in Shreveport, Louisiana, USA.

Consequently, Dr. Reddy’s Laboratories Louisiana LLC will cease to be a wholly owned subsidiary of Dr. Reddy’s Laboratories Inc as well as step down wholly owned subsidiary of the Dr. Reddy’s Laboratories.

Dr. Reddy's Laboratories is a multinational pharmaceutical company based in Hyderabad, Telangana in India. It manufactures and markets a wide range of pharmaceuticals in India and overseas.

Dr. Reddys Labs. Share Price

1355.00 -13.75 (-1.00%)
07-Jul-2026 14:53 View Price Chart
Peers
Company Name CMP
Sun Pharma. Inds. 1904.00
Dr. Reddys Labs. 1355.00
Cipla 1455.80
Zydus Lifesciences 1154.50
Lupin 2487.95
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