DR REDDYS LABORATORIES LTD — Share Issue/Capital Change 2021

Mar 1, 2021

•·· Dr. Reddy's �;•

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

CIN: L85195TG1984PLC004507

March 1, 2021

Tel :+91 40 4900 2900 Fax :+91 40 4900 2999 Email :mail@drreddys.com www.drreddys.com

The Secretary National Stock Exchange oflndia Ltd. BSE Ltd. New York Stock Exchange Inc. NSE IFSC Ltd.

Dear Sir/Madam,

Sub: Allotment of Equit Shares on exercise of ESOP

This is to inform you that the Nomination, Governance and Compensation Committee of the Board of Directors of the Company has allotted 2,253 equity shares of Rs.5/- each of the Company, fully paid up, on March 1, 2021 to Employees on exercise of their Stock Options as per the following details:

• a) 1,116 equity shares of Rs. 5/- each pursuant to Dr. Reddy's Employees Stock Option Scheme, 2002.

• b) 1,137 equity shares of Rs. 5/- each underlying 1,137 ADRs pursuant to Dr. Reddy's Employees ADR Stock Option Scheme, 2007.

Further, please find enclosed the details as required under Regulation 10( c) of SEBI (Share Based Employee Benefits) Regulation, 2014.

This is for your information and records.

With regards,

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Encl: as above

•·· Dr. Reddy's �;•

Details under Regulation lO(c) of SEBI (Share Based Employee Benefits) Regulation, 2014

Details under Regulation lO(c) of SEBI (Share Based Employee Benefts) Regulation,2014	Details under Regulation lO(c) of SEBI (Share Based Employee Benefts) Regulation,2014
1Company name and address of Registered Offce:Dr. Reddy's Laboratories Limited8-2-337, Road No.3, Banjara Hills, Hyderabad- 500034
2Name of the Stock Exchanges on which the company's shares are listed:BSE Ltd.National Stock Exchange oflndia LimitedNew York Stock Exchange Inc. (ADRs)NSE IFSC Limited3Filing date of the statement refrred in Regulation lO(b) of the SEBI (ShareBasedEmployeeBenefts)Regulations,2014withStockExchange:The Schemes were institutionalised under the erstwhile SEBI (Employee Stock OptionScheme and Employee Stock Purchase Scheme) Guidelines, 1999 and appropriatedetails under Schedule V were fled. The Schemes complies with provisions of SEBI(Share Based Employee Benefts) Regulation, 2014.4Filing Number, if any: NA5Title of the Scheme pursuant to which shares are issued, if any:Dr. Reddy's Employees Stock Options Scheme, 2002 and Dr. Reddy's EmployeesADR Stock Options Scheme, 20076**Kind of security to be listed:**Equity Shares7**Par value of the shares:**Rs. 5/-8**Date of issue of shares:**March 1, 2021 (Date of allotment on exercise)9**Number of shares issued:**2,25310**Share Certifcate No., if applicable:**NA11**Distinctive number of the share, if applicable :171375621 to 17137787312ISIN Number of the shares if issuedinDemat :**INE089A0102313**Exercise price per share:**2,253 equity shares exercised at Rs. 5/- per share14**Premium per share:**NIL15Total Issued shares after this issue: 166,300,569 (*)16Total Issued share capital after this issue: Rs. 831,502,845/-
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17Details of any lock-in on the shares: NA18**Date of expiry of lock-in:**NA19Whether shares identical in all respects to existing shares if not, when will theybecome identical?:Yes, the shares rank pari passu with the existing shares20Details of listing fees, ifpayable: NA
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(*) Total paid up capital after this issue: 166,300,369 i.e. Rs. 831,501,845 ( difference of 200 due to forfeited shares of Rs. 5/- each in September 1988 due to non-payment of allotment money.)

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