FilingReader Intelligence

Dr. Reddy's allots shares to employees under stock option scheme

September 15, 2025 at 06:19 AM UTCBy FilingReader AI

Dr. Reddy's Laboratories Ltd. announced on September 15, 2025, the allotment of 6,475 fully paid-up equity shares, each with a par value of Re. 1/-. These shares were issued to eligible employees who exercised their stock options under the Dr. Reddy's Employees ADR Stock Options Scheme, 2007. This issuance complies with SEBI regulations concerning listing obligations and disclosure requirements, and share-based employee benefits.

Following this allotment, the total issued shares of the company now stand at 83,46,14,760, resulting in a total issued share capital of Rs. 83,46,14,760. The new shares, with ISIN INE089A01031, are fully identical to existing shares and rank pari passu with them.

The exercise price for these 6,475 equity shares was Re. 1/- per share, with no premium. The company's shares are listed on the National Stock Exchange of India, BSE Ltd., New York Stock Exchange Inc. (ADRs), and NSE IFSC Ltd.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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