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’ arm incorporates wholly-owned subsidiary in Jamaica

Date: 29-09-2023

Dr. Reddy's Laboratories’ wholly-owned subsidiary (WOS) -- Dr. Reddy’s Laboratories SA, in Switzerland, has incorporated a WOS in Jamaica, named ‘Dr. Reddy’s Laboratories Jamaica’. Accordingly, Dr. Reddy’s Laboratories Jamaica is a step-down wholly-owned subsidiary of the company.

The Dr. Reddy’s Laboratories Jamaica will be engaged in importation, warehousing, distribution and exportation of pharmaceuticals. The business of the proposed Dr. Reddy’s Laboratories Jamaica is not outside the main line of business of the Company.

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.