EX-99.1 2 drr0356_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

Z:\Rainbow\Retail\XBRL\Dr.Reddy's\drr0356_Dr Reddy;s - 6k- 18-01-2022\Final 

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 : mail@drreddys.com

www.drreddys.com

 

January 18, 2022

 

The Secretary

National Stock Exchange of India Ltd.

BSE Ltd.

New York Stock Exchange Inc.

NSE IFSC Ltd.

 

Dear Sir/Madam,

 

Sub: Grant of Stock Options

 

This is to inform you that the Nomination, Governance & Compensation Committee of the Board of Directors of the Company at its meeting held on January 17, 2022, has granted the following stock options to employees of the Company:

 

Sr. No. Type of Option

Number of

Options

granted

 Value

Exercise

Price (Rs.)

 ESOP Scheme
1 Indian stock options 5,330* Par value 5 Dr. Reddy's Employees Stock Option Scheme, 2002
(*)50% vesting at the end of third year and 50% vesting at the end of fifth year from the grant date.

 

This is for your information and records.

 

With regards,

For Dr. Reddy’s Laboratories Limited

 

/s/ Vivek Mittal  
Vivek Mittal  
Global General Counsel and Compliance Officer