Dr. Reddys Laboratories Ltd.

Dr Reddys Laboratories has informed that pursuant to Dr. Reddy's employees stock option scheme, 2002, the nomination, governance and compensation committee of the board of directors of the company has allotted 16,295 equity shares of Rs. 5 each of the company, fully paid up, on February 16, 2012, to employees on exercise of their stock options.

The above information is part of company’s filing submitted to the BSE.