EX-8 3 drr0612_ex-8.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, joint ventures and associates as of March 31, 2024:

 


Name of the subsidiary/joint venture/associate

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)(14)

Dr. Reddy’s (Beijing) Pharmaceutical Co. Limited

China

100%(8)

Dr. Reddy’s Laboratories Jamaica Limited (from September 25, 2023)

Jamaica

100%

Dr. Reddy’s Nutraceuticals Limited (from March  14, 2024)

India

100%

DRES Energy Private Limited

India

26%(12)

DRL Impex Limited

India

100%(11)

Dr. Reddy’s Formulations Limited

India

100%

Idea2Enterprises (India) Private Limited

India

100%

Imperial Owners and Land Possessions Private Limited (Formerly, 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

Germany

100%(7)

 

 

Organizational structure (continued) 

 

 


Name of the subsidiary/joint venture/associate

Country of

Incorporation

Percentage of Direct/Indirect

Ownership Interest

O2 Renewable Energy IX Private Limited

India

26%(12)

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 using equity method as per IAS 28 “Investments in Associates and Joint ventures.

 

(13)

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

 

(14)

The Company disposed of its entire stake in this entity subsequently on April 17, 2024.