Financing ·
Dr Reddy's issues 591,270 equity shares upon employee stock option exercises
RDYDR Reddys Laboratories Ltd
Dr. Reddy's Laboratories Limited allotted 591,270 fully paid-up equity shares to eligible employees on November 4, 2026, following the exercise of stock options under its Employees ADR Stock Options Scheme, 2007. The allotment involved multiple price tiers, with shares issued at par value or between Rs. 781.20 and Rs. 1,060.20 per share. This issuance increased the company's total paid-up capital to approximately Rs. 83.5 billion. Dr. Reddy's Laboratories Limited is a global pharmaceutical company engaged in the research, development, manufacturing, and sale of generic medicines, biosimilars, and active pharmaceutical ingredients.