tiprankstipranks
Company Announcements

Dr. Reddy’s Issues Shares Under Employee Stock Plan

Dr. Reddy’s Issues Shares Under Employee Stock Plan

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

Discover the Best Stocks and Maximize Your Portfolio:

Dr. Reddy’s Laboratories Ltd. has announced the approval of allotment of 29,790 equity shares to employees as part of its Stock Option Scheme. The shares, each with a par value of Rs. 5, were issued to employees who exercised their stock options on August 7, 2024. This move is part of the company’s commitment to employee benefits and is expected to have implications for investors and stock market performance.

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

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1