Dr. Reddy's Grants 15,933 ESOPs at ₹1,206 Exercise Price

Date: July 22, 2026

ESOP Grant Details

The Nomination, Governance and Compensation Committee of the Board of Directors of Dr. Reddy's Laboratories Limited approved the grant of stock options via resolution by circulation dated July 22, 2026.

Key Grant Parameters

• Type of Options: Indian Stock Options
• Number of Options Granted: 15,933
• Exercise Price per Share: ₹1,206
• ESOP Scheme: Dr. Reddy's Employees Stock Option Scheme, 2018
• Vesting Schedule: 100% vesting at the end of 3 years
• Exercise Period: According to respective vesting schedule

Additional Information

• Options Exercised: Not Applicable
• Money Realized: Not specified
• Total Shares from Exercise: Not specified
• Options Lapsed: Not specified
• Variation of Terms: Not specified
• Subsequent Changes: Not specified
• Diluted EPS Impact: Not specified

Governance Structure

The stock options are administered and implemented by the Nomination, Governance & Compensation Committee of the Board.