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DR REDDYS LABORATORIES LTD — Share Issue/Capital Change 2024
Dec 1, 2024
30528_rns_2024-12-01_2287f5d6-f246-419b-90db-622ed68abea2.pdf
Share Issue/Capital Change
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December 01, 2024
National Stock Exchange of India Ltd. (Scrip Code: DRREDDY-EQ) BSE Ltd. (Scrip Code: 500124)
New York Stock Exchange Inc. (Stock Code: RDY) NSE IFSC Ltd. (Stock Code: DRREDDY)
Dear Sir/Madam,
Ref: Disclosure under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
Sub: Allotment of Equity Shares on exercise of Stock Options under ESOPs
This is to inform you that the Nomination, Governance and Compensation Committee of the Board of Directors of the Company has approved the allotment of 26,150 equity shares of Re.1/- each of the Company, fully paid up, on December 01, 2024, to employees pursuant to exercise of their Stock Options, as per the following details:
- a) 26,150 equity shares of Re.1/- each pursuant to Dr. Reddy’s Employees Stock Options Scheme, 2002.
Further, please find enclosed the details as required under Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
Thanking you.
Yours faithfully,
For Dr. Reddy’s Laboratories Limited
KUMAR Digitally signed by KUMAR RANDHIR RANDHIR SINGH Date: 2024.12.01 SINGH 22:18:47 +05'30'
K Randhir Singh
Company Secretary, Compliance Officer & Head-CSR
Encl: as above
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Details under Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
| 1 | Company name and address of Registered Office:Dr. Reddy's Laboratories Limited8-2-337, Road No.3, Banjara Hills, Hyderabad – 500034 |
|---|---|
| 2 | Name of the Stock Exchanges on which the company’s shares are listed:BSE LimitedNational Stock Exchange of India LimitedNew York Stock Exchange Inc. (ADRs)NSE IFSC Limited (ADRs) |
| 3 | Filing date of the statement referred in Regulation 10(b) of the SEBI (Share Based EmployeeBenefits) Regulations, 2021 with Stock Exchange:The Schemes were institutionalised under the erstwhile the SEBI (Employee Stock Option Scheme andEmployee Stock Purchase Scheme) Guidelines, 1999 and appropriate details under Schedule V werefiled. The Schemes comply with provisions of the SEBI (Share Based Employee Benefits and SweatEquity)Regulations,2021. |
| 4 | **Filing Number, if any:**NA |
| 5 | Title of the Scheme pursuant to which shares are issued, if any:1. Dr. Reddy’s Employees Stock Options Scheme, 2002 |
| 6 | **Kind of security to be listed:**Equity Shares |
| 7 | **Par value of the shares:**Re. 1/- |
| 8 | **Date of issue of shares:**December 01, 2024 (Date of allotment on exercise) |
| 9 | **Number of shares issued:**26,150 equity shares |
| 10 | **Share Certificate No., if applicable:**NA |
| 11 | **Distinctive number of the share, if applicable:**834384731 to 834410880 |
| 12 | **ISIN Number of the shares if issued in Demat:**INE089A01031 |
| 13 | Exercise price per share:1. 26,150 equity shares exercised at Re.1/- per share |
| 14 | Premium per share:a) 26,150 equity shares- Nil |
| 15 | **Total Issued shares after this issue:**83,44,11,880 (*) |
| 16 | **Total Issued share capital after this issue:**Rs.83,44,11,880/- |
| 17 | **Details of any lock-in on the shares:**NA |
| 18 | **Date of expiry of lock-in:**NA |
| 19 | Whether shares identical in all respects to existing shares if not, when will they become identical?Yes, the shares rank pari passu with the existing shares |
| 20 | **Details of listing fees, if payable:**NA |
(*) Total paid up capital after this issue: 83,44,10,880 equity shares of Re.1 each, aggregating to Rs. 83,44,10,880 (difference of 1,000 due to forfeited shares of Re. 1/- each in September 1988 on account of nonpayment of allotment money.)
KUMAR Digitally signed by RANDHIR KUMAR RANDHIR SINGH Date: 2024.12.01 SINGH 22:21:06 +05'30'