Dr. Reddy's Laboratories Ltd.

8-2-337, Road No. 3, Banjara Hills

Hyderabad – 500 034, Telangana, India

CIN: L85195TG1984PLC004507

Tel:       + 91 40 4900 2900

Fax:     + 91 40 4900 2999

Email: mail@drreddys.com

Web:   www.drreddys.com

Ref:

Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

S. No.

Name of the authority

:

The Interdistrict Inspectorate of the Federal Tax Service of Russia.

1

Nature and details of the action(s) taken, or order(s) passed

:

Dr. Reddy’s Laboratories LLC, Russia, a step-down wholly-owned subsidiary of Dr. Reddy’s Laboratories Limited received a tax audit decision from The Interdistrict Inspectorate of the Federal Tax Service of Russia.

2

Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority

:

Tax audit decision received by the Company on January 23,2026.

3

Details of the violation(s)/ contravention(s) committed or alleged to be committed

:

Levy of Value Added Tax (VAT) upon re-classification of marketing services as taxable services by the authority.

4

Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible

:

The authority has quantified a penalty of Rub million 20.09 [INR 24.50 million].

Based on our evaluation, there is no material impact on the financials, operations, or other activities of the Company