Dr Reddy’s Laboratories (RDY) has released an update.
Dr. Reddy’s Laboratories Ltd. has announced the approval of allotment of 10,391 equity shares to its employees who exercised their stock options. This includes both the Dr. Reddy’s Employees Stock Options Scheme, 2002 and the Dr. Reddy’s Employees ADR Stock Option Scheme, 2007. The shares, with a par value of Rs. 5 each, are now set to be fully integrated with the current equity, enhancing the company’s paid up capital.
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