Key Quantitative Figures

  • Number of shares allotted: 12,100 equity shares
  • Par value per share: Re. 1
  • Total value of shares allotted: ₹12,100
  • Exercise price per share: Re. 1
  • Premium per share: NIL
  • Total issued shares after allotment: 83,46,70,070 equity shares
  • Total issued share capital after allotment: ₹83,46,70,070
  • Distinctive number range of allotted shares: 834656971 to 834669070

Parties Involved

  • Recipients: Eligible employees
  • Regulatory references: SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015; SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
  • Stock exchanges notified: BSE Limited, National Stock Exchange of India Limited, New York Stock Exchange Inc. (ADRs), NSE IFSC Limited (ADRs)

Schemes and Purpose

Allotment made pursuant to exercise of stock options under:

  • Dr. Reddy's Employees Stock Options Scheme, 2002
  • Dr. Reddy's Employees ADR Stock Options Scheme, 2007

Capital Structure Impact

  • Shares rank pari passu with existing shares
  • No lock-in restrictions on the allotted shares
  • The total paid-up capital includes a historical adjustment: difference of 1,000 shares due to forfeited shares of Re. 1/- each in September 1988 on account of non-payment of allotment money

Additional Details

  • Company Registration: CIN L85195TG1984PLC004507