Dr. Reddys Laboratories Ltd.

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 6,569 equity shares of Rs 5 each of the Company, fully paid up, on January 27, 2022, to employees pursuant to exercise of their Stock Options as per the following details: a) 6,569 equity shares of Rs 5 each pursuant to Company’s Employees Stock Option Scheme, 2002. The company has enclosed the details as required under Regulation l0(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.