Dr. Reddy's allots shares under employee stock option plans

Dr. Reddy's Laboratories has allotted 9,165 fully paid-up equity shares, each with a par value of Re. 1/-, to eligible employees. This allotment, made on December 9, 2025, is a result of employees exercising their stock options under the Dr. Reddy's Employees Stock Options Scheme, 2002, and Dr. Reddy's Employees ADR Stock Options Scheme, 2007.

The shares were exercised at various prices: 4,890 shares at Re. 1/- per share, 2,000 shares at Rs. 562.80/- per share, and 2,275 shares at Rs. 735.80/- per share. The premium per share varied accordingly, with 4,890 shares having no premium, 2,000 shares at Rs. 561.80/- premium, and 2,275 shares at Rs. 734.80/- premium. The distinctive numbers for these shares range from 834621191 to 834630355, and the ISIN number is INE089A01031.

Following this issuance, the total issued shares of Dr. Reddy's Laboratories stands at 834,631,355, and the total issued share capital is Rs. 834,631,355/-. The new shares rank pari passu with existing shares. The company has clarified that the discrepancy of 1,000 shares in the total paid-up capital compared to issued shares is due to forfeited shares from September 1988 related to non-payment of allotment money.