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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

July 22, 2026

 

National Stock Exchange of India Ltd. (Scrip Code: DRREDDY)

BSE Ltd. (Scrip Code: 500124)

New York Stock Exchange Inc. (Stock Code: RDY)

NSE IFSC Ltd. (Stock Code: DRREDDY)

 

Dear Sir/Madam,

 

Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015

 

This is to inform that the Nomination, Governance and Compensation Committee of the Board of Directors of the Company vide resolution by circulation dated July 22, 2026, has approved the grant of stock options to the eligible employee under the Employees Stock Option Schemes of the Company:


Sl. No.

Type of Option(s)

Number of options granted

 Value

Exercise Price per share

ESOP Scheme

1

Indian Stock Options

 

15,933

 

Fair Market Value

Rs. 1,206/-

Dr. Reddy’s Employees Stock Option Scheme, 2018


This is for your information and records.

 

Thanking you.

 

Yours faithfully,

 

For Dr. Reddy’s Laboratories Limited

K. Randhir Singh

Company Secretary, Compliance Officer & Head-CSR

 

 

BRIEF DETAILS ON THE GRANT OF STOCK OPTIONS

(Pursuant to SEBI Master Circular No. HO/49/14/14(7)2025CFDPOD2/I/3762/2026

 dated January 30, 2026)

 

S.No

Particulars

Details

1.

Brief details of options granted

Grant of 15,933 stock options under Dr. Reddy’s Employees Stock Option Scheme, 2018, to the eligible employee of the Company.

2.

Whether the scheme is in terms of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (if applicable)

Yes

3.

Total number of shares covered by these options

15,933

4.

Pricing formula/ Exercise Price / Grant Price

Rs. 1,206/- per stock option

5.

Options vested / vesting schedule

100% vesting at the end of 3 years

 

6.

Time within which option may be exercised

According to respective vesting schedule

7.

Brief details of significant terms

Stock options granted are governed under the Dr. Reddys Employees Stock Option Scheme, 2018, which is administered and implemented by the Nomination, Governance & Compensation Committee

8.

Options exercised

Not Applicable

9.

Money realized by exercise of options

10.

The total number of shares

arising as a result of exercise of option

11.

Options lapsed

12.

Variation of terms of options

13.

Subsequent changes or

cancellation or exercise of such options

14.

Diluted earnings per share

pursuant to issue of equity

shares on exercise of options