Dr. Reddys Laboratories Ltd.

BSE: 500124 | NSE: DRREDDY
Large Cap | Pharmaceuticals & Drugs
1175.55
-10.90 (-0.92%)
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Dr. Reddy's Laboratories gets nod to incorporate Wholly-owned Subsidiary

Date: 28-09-2023

Dr. Reddy's Laboratories has received approval for incorporation of a Wholly-owned Subsidiary (WOS) of the Company. The proposed WOS will carry on the business related to medical nutrition, specialized nutrition, nutraceuticals, vitamins, minerals, herbals and supplements, and related foods or drugs. The business of the proposed WOS is not outside the main line of business of the Company. The Board of Directors of the Company at its meeting held on September 28, 2023, has approved the same. 

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.