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DR REDDYS LABORATORIES LTD — Major Shareholding Notification 2025
Mar 20, 2025
30528_rns_2025-03-20_2d3a3ef9-4223-458b-adc0-aac2e3b58f52.pdf
Major Shareholding Notification
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Date: March 20, 2025
National Stock Exchange of India Ltd. (Scrip Code: DRREDDY) BSE Limited (Scrip Code: 500124) New York Stock Exchange Inc. (Stock Code: RDY) NSE IFSC Ltd. (Stock Code: DRREDDY)
The Company Secretary, Dr. Reddy’s Laboratories Limited 8-2-337, Road No-3, Banjara Hills, Hyderabad-500034, Telangana, India.
Sub: Disclosure under regulation 29(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Dear Sir/ Ma'am,
Please find attached herewith the disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, in connection with the acquisition of 56,02,495 (0.67%) shares of Dr. Reddy’s Laboratories Limited being the Target Company ("TC") pursuant to transmission of shares held by Late Mrs. Samrajyam Reddy Kallam to Mr. Satish Reddy Kallam on March 18, 2025.
There is no change in the total shareholding of the Promoter and Promoter Group post transmission of aforesaid shares of TC.
You are requested to take the same on records.
Thanking You.
SATISH Digitally signed by SATISH REDDY REDDY KALLAM Date: 2025.03.20 KALLAM 15:45:21 +05'30'
(Satish Reddy Kallam) Promoter of Dr. Reddy’s Laboratories Limited (Acquirer)
Encl: As Above
Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Part-A - Details of the Acquisition
| Part-A - Details of the Acquisition | ||||
|---|---|---|---|---|
| Name of the Target Company (TC) | Dr. Reddy’s Laboratories Limited | |||
| Name(s) of the acquirers and Persons Acting in Concert (PAC) with the acquirer |
Acquirers 1. Satish Reddy Kallam Names of the PAC(s): Promoters: 1. Satish Reddy Kallam 2. G V Prasad 3. Late Samrajyam Reddy Kallam 4. Deepti Reddy Kallam 5. K Shravya Reddy 6. K Vishal Reddy 7. Anuradha Gunupati 8. Sharathchandra Reddy Gunupati 9. GunupatiMallika Reddy 10. G Vani Sanjana Reddy 11. Kallam Satish Reddy HUF 12. Gunupati Venkateswara Prasad HUF 13. APS Trust 14. VSD Holdings & Advisory LLP |
|||
| Whether the acquirer belongs to Promoter / Promotergroup |
Yes, Mr. Satish Reddy Kallam is Promoter of TC. | |||
| Name(s) of the Stock Exchange(s) where the shares of TC are Listed |
Equity shares of the Company are listed at: BSE Limited National Stock Exchange of India Limited ADRs underlying equity shares are listed at: New York Stock Exchange Inc (NYSE) NSE IFSC Limited |
|||
| Details of the acquisition as follows | Number | % w.r.t. total share/voting capital wherever applicable(*) |
% w.r.t. total diluted share/voting capital of the TC()** |
|
| Before the acquisition under consideration, holding of acquirer along with PACs of: | ||||
| a. Shares carrying voting rights | ||||
| Acquirers | ||||
| (i) Satish Reddy Kallam |
8,01,35,630 | 9.60 | 9.60 |
| Persons Acting in Concert | |||
|---|---|---|---|
| (i) Gunupati Venkateswara Prasad HUF |
1,27,17,090 | 1.52 | 1.52 |
| (ii) Anuradha Gunupati |
46,025 | 0.01 | 0.01 |
| (iii) Late Samrajyam ReddyKallam |
56,02,495 | 0.67 | 0.67 |
| (iv) Kallam Satish ReddyHUF |
2,76,18,385 | 3.31 | 3.31 |
| (v) Sharathchandra ReddyGunupati |
13,000 | 0.00 | 0.00 |
| (vi) Deepti Reddy Kallam |
25,700 | 0.00 | 0.00 |
| (vii) G Vani Sanjana Reddy |
25,700 | 0.00 | 0.00 |
| (viii) Gunupati Mallika Reddy |
25,695 | 0.00 | 0.00 |
| (ix) K Shravya Reddy |
0 | 0.00 | 0.00 |
| (x) K Vishal Reddy |
0 | 0.00 | 0.00 |
| (xi) VSD Holdings & AdvisoryLLP |
0 | 0.00 | 0.00 |
| (xii) APS Trust |
0 | 0.00 | 0.00 |
| (xiii) Satish Reddy Kallam |
8,01,35,630 | 9.60 | 9.60 |
| (xiv) G V Prasad |
9,60,95,920 | 11.52 | 11.52 |
| b. Shares in the nature of encumbrance (pledge/ lien/ non disposal undertaking/ others) |
- | - | - |
| c. Voting rights (VR) otherwise than byshares |
- | - | - |
| d. Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) |
- | - | - |
| e. Total(a+b+c+d) | 22,23,05,640 | 26.64 | 26.64 |
| Details of acquisition | |||
| a.Shares carrying voting rights acquired by Satish Reddy Kallam |
56,02,495 | 0.67 | 0.67 |
| b. VRs acquired otherwise than byequityshares |
- | - | - |
| c. Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category)acquired |
- | - | - |
|---|---|---|---|
| d. Shares in the nature of encumbrance (pledge/ lien/ non disposal undertaking/ others) |
- | - | - |
| e. Total(a+b+c+/-d) | 56,02,495 | 0.67 | 0.67 |
| After the acquisition, holding of acquirer along with PACs of: | |||
| a. Shares carrying voting rights: |
|||
| Acquirers | |||
| (i) Satish ReddyKallam |
8,57,38,125 | 10.27 | 10.27 |
| Persons Acting in Concert | |||
| (i) Gunupati Venkateswara Prasad HUF |
1,27,17,090 | 1.52 | 1.52 |
| (ii) Anuradha Gunupati |
46,025 | 0.01 | 0.01 |
| (iii) Late Samrajyam ReddyKallam |
0.00 | 0.00 | 0.00 |
| (iv) Kallam Satish Reddy HUF |
2,76,18,385 | 3.31 | 3.31 |
| (v) Sharathchandra ReddyGunupati |
13,000 | 0.00 | 0.00 |
| (vi) Deepti ReddyKallam |
25,700 | 0.00 | 0.00 |
| (vii) G Vani Sanjana Reddy |
25,700 | 0.00 | 0.00 |
| (viii) Gunupati Mallika Reddy |
25,695 | 0.00 | 0.00 |
| (ix) K Shravya Reddy |
0 | 0.00 | 0.00 |
| (x) K Vishal Reddy |
0 | 0.00 | 0.00 |
| (xi) VSD Holdings & AdvisoryLLP |
0 | 0.00 | 0.00 |
| (xii) APS Trust |
0 | 0.00 | 0.00 |
| (xiii) Satish ReddyKallam |
8,57,38,125 | 10.27 | 10.27 |
| (xiv) G V Prasad |
9,60,95,920 | 11.52 | 11.52 |
| b. VRs otherwise than by equityshares |
- | - | - |
| c. Warrants/convertible securities /any other instrument that entitles the |
- | - | - |
| acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition |
||||
|---|---|---|---|---|
| d. Shares in the nature of encumbrance (pledge/ lien/ nondisposal undertaking/ others) |
- | - | - | |
| e. Total(a+b+c+d) | 22,23,05,640 | 26.64% | 26.64% | |
| Mode of acquisition ~~kt / bli i~~ |
Transmission of equity shares from Late Mrs. Samrajyam Reddy Kallam to Mr. Satish Reddy Kallam |
|||
| Salient features of the securities acquired including time till redemption, ratio at which it can be converted into equityshares, etc. |
Equity Shares carrying voting rights | |||
| Date of acquisition of~~/ date of~~ ~~receipt of intimation of allotment of~~ ~~shares / VR/ warrants/convertible~~ ~~securities/any other instrument that~~ ~~entitles the acquirer to receive~~shares in the TC. |
March 18, 2025 | |||
| Equity share capital / total voting capital of the TC before the said acquisition |
83,44,55,365 shares of Re. 1/- each aggregating INR 83,44, 55,365 /- |
|||
| Equity share capital/ total voting capital of the TC after the said acquisition |
83,44,55,365 shares of Re. 1/- each aggregating INR 83,44, 55,365 /- |
|||
| Total diluted share/voting capital of the TC after the said acquisition |
83,44,55,365 shares of Re. 1/- each aggregating INR 83,44, 55,365 /- |
SATISH Digitally signed by SATISH REDDY REDDY KALLAM Date: 2025.03.20 KALLAM 15:44:59 +05'30'
(Satish Reddy Kallam) Promoter of Dr. Reddy’s Laboratories Limited (Acquirer)
Place: Hyderabad Date: March 20, 2025