Dr Reddy’s Laboratories (RDY) has released an update.
Dr. Reddy’s Laboratories Ltd. has announced the approval of allotment of 5,332 equity shares to its employees as part of their stock option schemes. These shares are comprised of 4,496 from the 2002 ESOP scheme and 836 linked to the 2007 ADR scheme, with each share valued at Rs. 5. This move is set to further engage and reward the company’s employees, potentially influencing investor sentiment.
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