EX-8 8 drr0482_ex8.htm EXHIBIT 8

 

EXHIBIT 8

 

Dr. Reddy’s Laboratories Limited


Dr. Reddy’s Laboratories Limited is the parent company. Tabulated below is the list of subsidiaries and joint ventures as of March 31, 2023:

 

Name of the subsidiary/joint venture

 

Country of
Incorporation

 

Percentage of
Direct/Indirect Ownership
Interest

Aurigene Discovery Technologies (Malaysia) Sdn. Bhd.

 

Malaysia

 

100%(3)

Aurigene Oncology Limited (formerly Aurigene Discovery Technologies Limited)

 

India

 

100%

Aurigene Pharmaceutical Services Limited

 

India

 

100%(3)

beta Institut gemeinnützige GmbH

 

Germany

 

100%(7)

betapharm Arzneimittel GmbH

 

Germany

 

100%(7)

Cheminor Investments Limited

 

India

 

100%

Cheminor Employees Welfare Trust

 

India

 

Refer to below footnote(13)

Chirotech Technology Limited

 

United Kingdom

 

100%(2)(5)

Dr. Reddy’s Research Foundation

 

India

 

Refer to below footnote(13)

Dr. Reddy's Employees ESOS Trust

 

India

 

Refer to below footnote(13)

Dr. Reddy’s Farmaceutica Do Brasil Ltda.

 

Brazil

 

100%

Dr. Reddy’s Laboratories (EU) Limited

 

United Kingdom

 

100%(8)

Dr. Reddy’s Laboratories (Proprietary) Limited

 

South Africa

 

100%(8)

Dr. Reddy’s Laboratories (UK) Limited

 

United Kingdom

 

100%(5)

Dr. Reddy’s Laboratories Canada, Inc.

 

Canada

 

100%(8)

Dr. Reddy's Laboratories Chile SPA.

 

Chile

 

100%(8)

Dr. Reddy’s Laboratories, Inc.

 

U.S.A.

 

100%(8)

Dr. Reddy’s Laboratories Japan KK

 

Japan

 

100%(8)

Dr. Reddy’s Laboratories Kazakhstan LLP

 

Kazakhstan

 

100%(8)

Dr. Reddy’s Laboratories Louisiana, LLC

 

U.S.A.

 

100%(1)

Dr. Reddy’s Laboratories Malaysia Sdn. Bhd.

 

Malaysia

 

100%(8)

Dr. Reddy’s Laboratories New York, LLC

 

U.S.A.

 

100%(1)

Dr. Reddys Laboratories Philippines Inc.

 

Philippines

 

100%(8)

Dr. Reddy’s Laboratories Romania S.R.L.

 

Romania

 

100%(8)

Dr. Reddy’s Laboratories SA

 

Switzerland

 

100%

Dr. Reddy’s Laboratories Taiwan Limited

 

Taiwan

 

100%(8)

Dr. Reddys Laboratories (Thailand) Limited

 

Thailand

 

100%(8)

Dr. Reddy’s Laboratories LLC

 

Russia

 

100%(8)

Dr. Reddy’s Laboratories, LLC

 

Ukraine

 

100%(8)

Dr. Reddy’s New Zealand Limited

 

New Zealand

 

100%(8)

Dr. Reddy’s S.R.L.

 

Italy

 

100%(9)

Dr. Reddy’s Bio-Sciences Limited

 

India

 

100%

Dr. Reddy’s Laboratories (Australia) Pty. Limited

 

Australia

 

100%(8)

Dr. Reddy’s Laboratories S.A.S.

 

Colombia

 

100%(8)

Dr. Reddy’s Research and Development B.V.

 

Netherlands

 

100%(10)

Dr. Reddy’s Venezuela, C.A.

 

Venezuela

 

100%(8)

Dr. Reddy’s (Beijing) Pharmaceutical Co. Limited (from August 19, 2020)

 

China

 

100%(8)

DRES Energy Private Limited

 

India

 

26%(12)

DRL Impex Limited

 

India

 

100%(11)

Dr. Reddy’s Formulations Limited (from March 11, 2021)

 

India

 

100%

Idea2Enterprises (India) Private Limited

 

India

 

100%

Imperial Credit Private Limited

 

India

 

100%

Industrias Quimicas Falcon de Mexico, S.A. de CV

 

Mexico

 

100%

Kunshan Rotam Reddy Pharmaceutical Co. Limited

 

China

 

51.33%(4)

Lacock Holdings Limited

 

Cyprus

 

100%(8)

Nimbus Health, GmbH (from February 24, 2022)

 

Germany

 

100%(7)

 

 

Organizational structure (continued)

 

Name of the subsidiary/joint venture

 

Country of
Incorporation

 

Percentage of
Direct/Indirect Ownership
Interest

Promius Pharma, LLC

 

U.S.A.

 

100%(1)

Reddy Holding GmbH

 

Germany

 

100%(8)

Reddy Netherlands B.V.

 

Netherlands

 

100%(8)

Reddy Pharma Iberia S.A.U.

 

Spain

 

100%(8)

Reddy Pharma Italia S.R.L.

 

Italy

 

100%(6)

Reddy Pharma SAS

 

France

 

100%(8)

SVAAS Wellness Limited

 

India

 

100%

 

(1)

Indirectly owned through Dr. Reddy’s Laboratories, Inc.

 

(2)

Entity under liquidation.

 

(3)

Indirectly owned through Aurigene Oncology Limited.

 

(4)

Kunshan Rotam Reddy Pharmaceutical Co. Limited is a subsidiary as per the Indian Companies Act, 2013, as the Company holds a 51.33% stake. However, the Company accounts for this investment by the equity method and does not consolidate it in the Company’s financial statements.

 

(5)

Indirectly owned through Dr. Reddy’s Laboratories (EU) Limited.

 

(6)

Indirectly owned through Lacock Holdings Limited.

 

(7)

Indirectly owned through Reddy Holding GmbH.

 

(8)

Indirectly owned through Dr. Reddy’s Laboratories SA.

 

(9)

Indirectly owned through Reddy Pharma Italia S.R.L.

 

(10)

Indirectly owned through Reddy Netherlands B.V.

 

(11)

Indirectly owned through Idea2Enterprises (India) Pvt. Limited.

 

(12)

Accounted in accordance with IFRS 11, “Joint Arrangements”.

 

(13)

The Company does not have any equity interests in this entity, but has significant influence or control over it.