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DR REDDYS LABORATORIES LTD Share Issue/Capital Change 2026

May 11, 2026

30528_rns_2026-05-11_e9410320-a5e6-4653-a803-77e8478ba856.pdf

Share Issue/Capital Change

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Dr.Reddy's

Dr. Reddy'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]
Web: www.drreddys.com

May 11, 2026

National Stock Exchange of India Ltd. (Scrip Code: DRREDDY)
BSE Ltd. (Scrip Code: 500124)
New York Stock Exchange Inc. (Stock Code: RDY)
NSE IFSC Ltd. (Stock Code: DRREDDY)

Dear Sir/Madam,

Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015

This is to inform that the Nomination, Governance and Compensation Committee of the Board of Directors of the Company at its meeting held on May 11, 2026, has approved the grant of stock options to the eligible employees under the Employees Stock Option Schemes of the Company:

Sl. No. Type of Option(s) Number of options granted Value Exercise Price per share ESOP Scheme
1 Indian Stock Options 8,16,119 Fair Market Value Rs. 1,293.90/- Dr. Reddy’s Employees Stock Option Scheme, 2018
2 American Depository Receipts (ADRs) Stock Options 3,76,115 Fair Market Value Rs. 1,293.90/- Dr. Reddy's Employees ADR Stock Option Scheme, 2007

This is for your information and records.

Thanking you.

Yours faithfully,

For Dr. Reddy’s Laboratories Limited

Kumar
Randhir Singh

Digitally signed by
Kumar Randhir Singh
Date: 2026.05.11
18:45:05 +05'30'

K. Randhir Singh
Company Secretary, Compliance Officer & Head-CSR


Dr.Reddy's

BRIEF DETAILS ON THE GRANT OF STOCK OPTIONS

(Pursuant to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026)

S.No Particulars Details
1. Brief details of options granted Grant of 8,16,119 under Dr. Reddy’s Employees Stock Option Scheme, 2018, to the eligible employees of the company. Grant of 3,76,115 stock options under Dr. Reddy's Employees ADR Stock Option Scheme, 2007 to the eligible employees of the company.
2. Whether the scheme is in terms of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (if applicable) Yes Yes
3. Total number of shares covered by these options 8,16,119 3,76,115
4. Pricing formula/ Exercise Price / Grant Price Rs. 1,293.90/- per stock option Rs. 1,293.90/- per stock option
5. Options vested / vesting schedule 100% vesting at the end of 3 years 100% vesting at the end of 3 years
6. Time within which option may be exercised According to respective vesting schedule According to respective vesting schedule
7. Brief details of significant terms Stock options granted are governed under the Dr. Reddy’s Employees Stock Option Scheme, 2018, which is administered and implemented by the Nomination, Governance & Compensation Committee Stock options granted are governed under the Dr. Reddy's Employees ADR Stock Option Scheme, 2007, which is administered and implemented by the Nomination, Governance & Compensation Committee
8. Options exercised Not Applicable Not Applicable
9. Money realized by exercise of options
10. The total number of shares arising as a result of exercise of option
11. Options lapsed
12. Variation of terms of options
13. Subsequent changes or cancellation or exercise of such options
14. Diluted earnings per share pursuant to issue of equity shares on exercise of options