Dr. Reddys Laboratories Ltd.

Dr. Reddy's Laboratories has received shareholders' nod for proposed amalgamation of Dr Reddy’s Holdings into the company. The resolution for the scheme was approved by 99.98 per cent votes of the total 13.10 crore votes casted by equity shareholders of the company. 21,026 votes, which accounted for the rest 0.02 per cent, were posted against the resolution.

The voting was conducted as per the directions of the Hyderabad Bench of the National Company Law Tribunal on November 22, 2019. The meeting of equity shareholders was convened on January 2, 2020.

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