Please wait

 

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 Limited. (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 and Disclosure Requirements) Regulations, 2015

 

Pursuant to Regulations 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we would like to inform that the Board of Directors of the Company, at its meeting held today, i.e., July 22, 2026, inter alia considered and approved the following:

 

1.

Appointment of Senior Management Personnel

 

Pursuant to the recommendation of the Nomination, Governance and Compensation Committee, the Board of Directors of the Company, at their meeting held today, approved the appointment of Dr. Sridevi Khambhampaty as Global Head of Biologics and Senior Management Personnel of the Company, and her induction as a Member of the Management Council, effective July 22, 2026.

 

The updated list of the Company's Senior Management Personnel, reflecting the above appointment, is enclosed as Annexure A1.

 

2.

Appointment of M/s Deloitte Haskins & Sells, LLP as Independent Registered Public Accounting Firm

 

This is in continuation of our letter dated May 12, 2026, wherein the Company had informed that it has appointed M/s Deloitte Haskins & Sells, LLP, (Firm Registration No. 117366W/W-100018), as the Statutory Auditors of the Company, in terms of the provisions of Companies Act, 2013, for a term of five consecutive years, commencing from the conclusion of the 42nd AGM till the conclusion of the 47th AGM, subject to the approval of the shareholders at the ensuing AGM.

 

We further wish to inform that to align with the above and basis the recommendation of the Audit Committee, the Board of Directors have approved the appointment of M/s Deloitte Haskins & Sells, LLP, as the Independent Registered Public Accounting Firm of the Company for the purpose of auditing the financial statements of the Company to be included in the Company’s Annual Report on Form 20-F and reviewing the interim financial statements to be filed with the U.S. Securities and Exchange Commission on Form 6-K.

 

 

 



The disclosure required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed as Annexure A and B.

 

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

 

Encl: as above

 

 

 


Annexure A

 

Details of Dr. Sridevi Khambhampaty

 

Sl.no.

Particulars

Details

1.

Reason for change viz. appointment, re-appointment, resignation, removal, death or otherwise

Appointment of Dr. Sridevi Khambhampaty as Global Head of Biologics and Senior Management Personnel of the Company, and her induction as a Member of the Management Council

2.

Date of appointment/re-appointment/cessation (as applicable) & term of appointment/re-appointment

July 22, 2026

3.

Brief profile (in case of appointment)

As mentioned below

4.

Disclosure of relationships between directors (in case of appointment of a director)

Not applicable

 


 

Brief Profile of Dr. Sridevi Khambhampaty

 


Dr. Sridevi is an accomplished biopharmaceutical leader with over two decades of experience spanning Biologics R&D, Quality, and Business leadership. Most recently, she served as the CEO of Shilpa Biologics, where she led the organization’s growth and strategic direction. Prior to this, she held senior leadership roles at Syngene International and Intas Biopharma.

 

In her previous stint at Dr Reddy’s, Dr. Sridevi led teams in Product Development and Quality Control at Biologics and contributed to several of our current products in biosimilars. She brings deep expertise in biologics, development strategy, regulatory sciences, and cross-functional leadership, along with extensive experience in building and scaling high-performing teams. She holds a PhD in Biological Sciences from NCBS (TIFR) and completed her postdoctoral research at Stanford University School of Medicine

 

 

 

 


Annexure A1

 

List of Senior Management Personnel

 

Sl.No

Name of the SMP

Designation

1

Mr. Satish Reddy

Chairman and Whole-time Director

2

Mr. G V Prasad

Co-Chairman and Managing Director (KMP)

3

Mr. Erez Israeli

Chief Executive Officer (KMP)

4

Mr. M V Ramana

CEO Global Generics

5

Mr. Sanjay Sharma

Chief Operating Officer

6

Mr. M V Narasimham

Chief Financial Officer (KMP)

7

Mr. Deepak Sapra

Chief Executive Officer, API and Services

8

Mr. Krishna Venkatesh

Global Head of IPDO - Integrated Product Development Organization

9

Mr. Patrick Aghanian

Head - Consumer Health Organization

10

Mr. Phanimitra B

Chief Digital and Information Officer

11

Mr. Milan Kalawadia

Chief Executive Officer, North America

12

Mr. M S Madhu Sundar

Global Head of Quality and PV

13

Mr. Sandeep Khandelwal

Global Generics India Head

14

Dr. Sridevi Khambhampaty

Global Head of Biologics

15

Mr. K Randhir Singh

Company Secretary, Compliance Officer and Head-CSR (KMP)

 

 

 


Annexure B

 

Details of M/s Deloitte Haskins & Sells, LLP, Chartered Accountants as Independent Registered

Public Accounting Firm

 

Sl.no.

Particulars

Details

1.

Reason for change viz. appointment, re-appointment, resignation, removal, death or otherwise

Appointment

2.

Date of appointment/re-appointment/cessation (as applicable) & term of appointment/re-appointment

July 22, 2026

3.

Brief profile (in case of appointment)

Deloitte Haskins & Sells, Mumbai was constituted in 1997 and has been converted to a Limited Liability Partnership (LLP), with the name Deloitte Haskins & Sells LLP ("“DHS LLP”" or "“Firm"”), w.e.f. November 20, 2013. DHS LLP is registered with the Institute of Chartered Accountants of India (Registration No. 117366W/W-100018) and is a part of Deloitte Haskins & Sells & Affiliates being the Network of Firms registered with the ICAI. The registered office of the Firm is One International Center, Tower 3, 31st Floor, Senapati Bapat Marg, Elphinstone Road (West), Mumbai - 400013, Maharashtra, India.

 

4.

Disclosure of relationships between directors (in case of appointment of a director)

Not applicable