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DR REDDYS LABORATORIES LTD Capital/Financing Update 2019

Nov 1, 2019

30528_rns_2019-11-01_549aa8f7-1012-4f86-be24-f71eae213e4e.pdf

Capital/Financing Update

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••• Dr.Reddy's �;•

November 1, 2019

Dr. Raddy's Laboratories Ltd . 8-2-337, Road No. 3, Banjara Hills, Hyderabad - 500 034, Telangana, India. CIN: L85195TG1984PLC004507

Tel :+91 40 4900 2900 Fax :+91 40 4900 2999 Email :[email protected] www.drreddys.com

The Secretary BSE Limited National Stock Exchange of India Ltd. New York Stock Exchange Inc.

Dear Sir/Madam,

Sub: Grant of Stock Options

This is to inform you that the Nomination, Governance & Compensation Committee of the Board of Directors of the Company in their meeting held on October 31, 2019, has granted the following stock options to employees of the Company:

a) 3,116 Indian stock options, exercisable at par value ofRs.5/- under "Dr. Reddy's Employees Stock Option Scheme, 2002.

b) 4,140 American Depository Receipts (ADR) stock options, exercisable at par value of Rs.5/­ under "Dr. Reddy's Employees ADR Stock Option Scheme, 2007"

This is for your information and records.

With regards, \0[} '.] San�; ar /[y Secretary ]