Dr. Reddy’s Empowers Employees with Stock Options

Dr Reddy’s Laboratories (RDY) has released an update.

Dr. Reddy’s Laboratories Ltd. has announced the approval and allotment of 7,064 equity shares as a result of stock options exercised by employees. These shares are split between the company’s 2002 Employees Stock Options Scheme and the 2007 Employees ADR Stock Option Scheme. This action is part of the company’s ongoing commitment to employee stock ownership plans, reflecting its dedication to involving employees in its growth and success.

For further insights into RDY stock, check out TipRanks’ Stock Analysis page.