Executive6Summary -

BusinessJ ResponsibilityJ andJSustainabilityJJ Report

CORPORATE OVERVIEW

STATUTORY REPORTS

FINANCIAL STATEMENTS

This is the 'rst year in which the Company has voluntarily released its report against the new Business Responsibility & Sustainability Report guidelines. Through this report, the Company intends to communicate its vision of a purpose-driven,future-ready and sustainable roadmap and has disclosed how it manages environmental, social and governance performance.

We are driven by our purpose of 'Good Health Can't Wait'. This applies not only to an individual but also to our society and our environment.

Sustainability for us means operating in a manner that respects people, planet and purpose - helping us conserve precious resources, serve our patients, create value for stakeholders, give back to society, ful'l our potential and maintain our integrity and transparency.

For more information on our sustainability journey so far, and our refreshed sustainability goals and targets, please refer to page 16-17 of this Annual Report.

Sustainability is deeply embedded in our purpose and forms the core of our organization. Our commitment to the nine principles of National Guidelines on Responsible Business is outlined in this Report.

24

Dr. Reddy's Laboratories Limited

Annual Report 2021-22

25

Key highlights of BRSR Report

Principle 1

Conduct and govern with integrity, and in a manner that is Ethical, Transparent and Accountable

  • "##% of our Key Managerial Personnel (KMPs) and 78% of our employees received periodic training on business, regulations, code of business conduct and ethics as well as economic and environmental, social and governance parameters
  • No disciplinary action against Directors/KMPs/ Employees/Workers by any law enforcement agencies for charges of bribery/corruption

Principle 2

Provide goods and services in a manner that is;sustainable and safe

HH% of our global hazardous waste are sent to industries and recyclers for co-processing and recycling

CORPORATE OVERVIEW

Principle 6

Respect and make e?orts to protect and restore the environment

  • "K% reduction in energy intensity from previous financial year
  • "K% reduction in water intensity from previous financial year
  • 8"% reduction in Scope " & 8 GHG emission intensity from previous financial year
  • Fuel substitution projects implemented (Coal to Briquettes and Furnace Oil to Piped Natural Gas)

STATUTORY REPORTS

FINANCIAL STATEMENTS

Principle 7

Influencing public and regulatory policy, in a responsible and transparent manner

Associated with trade and industry chambers/ associations to foster dialogue on industry growth drivers, innovation and shaping public policy

Principle 4

Respect the interests of and be responsive to all its stakeholders

Comprehensive stakeholder engagement at frequent intervals using multiple platforms to understand their expectations, inform our strategy and communicate our progress

Principle 3

Respect and promote the well-being of all employees, including those in value chains

  • "##% of our employees (permanent, workers and others) are covered under health and accident insurance.
  • "##% of our employees (permanent, workers and others) are covered by maternity and paternity benefits.

Achieved a H7."% return-to-work rate post

Principle 5

parental leave

Respect and promote human rights

"##% of our employees and workers are paid

more than the minimum wage

Median remuneration of employees is more than

^ Lakhs per annum

Principle 8

Promote inclusive growth and equitable development

  • Y"% of input materials were sourced locally, directly from within the district and neighbouring districts
  • Positively impacted Z,[K,ZZ8 individuals through CSR initiatives

Principle 9

Engage with and provide value to the consumers in a responsible manner

  • No data breaches reported during the reporting period
  • No major critical service disruptions

26

Dr. Reddy's Laboratories Limited

Annual Report 2021-22

27

BUSINESSLRESPONSIBILITYLANDL SUSTAINABILITYLREPORTLNBRSRO

CORPORATE OVERVIEW

STATUTORY REPORTS

FINANCIAL STATEMENTS

IV EMPLOYEES

M. DETAILS AS AT THE END OF FINANCIAL YEAR:

  1. EMPLOYEES AND WORKERS 2INCLUDING DIFFERENTLY ABLED9

SR.

PARTICULARS

TOTAL

MALE

FEMALE

NO

NUMBER

%

NUMBER

%

SECTION A G GENERAL DISCLOSURE

I DETAILS OF LISTED ENTITIES

M. CORPORATE IDENTITY NUMBER

Y.

EZMAIL

RCINS OF THE LISTED ENTITY

shares@drreddys.com

L7^"H^TG"H7KPLC##K^#Y

[.

TELEPHONE

U. NAME OF THE LISTED ENTITY

+H"-K#-KH##8H##

Dr. Reddy's Laboratories Limited

.

WEBSITE

  1. PAIDZUP CAPITAL INR 7Z8,"8H,8K^

MU. NAME AND CONTACT DETAILS RTELEPHONE, EMAIL ADDRESSS OF THE PERSON WHO MAY BE CONTACTED IN CASE OF ANY

Employees

1

Permanent

8#,"88

"Y,YH^

77.KK

8,Z8Y

"".^[

2

Other than permanent

K,777

Z,HHY

7".YY

7H"

"7.8Z

Total

UX,_M_

UM,[^U

[.MV

V,UM

MU.[

Workers

1

Permanent

^8H

^#H

H[.88

8#

Z.Y7

2

Other than permanent*

^,8Z#

-

-

-

-

Total

X,[X^

-

-

-

-

  1. YEAR OF INCORPORATION "H7K
  2. REGISTERED OFFICE ADDRESS
    7-8-ZZY, Road No. Z, Banjara Hills, Hyderabad, Telangana ^###ZK India
  3. CORPORATE ADDRESS
    7-8-ZZY, Road No. Z, Banjara Hills, Hyderabad, Telangana ^###ZK India

www.drreddys.com

  • FINANCIAL YEAR FOR WHICH REPORTING IS BEING DONE G
    April ", 8#8" to March Z", 8#88

M_. NAME OF THE STOCK EXCHANGERSS WHERE SHARES ARE LISTED G

BSE, NSE, NYSE and NSE-IFSC

QUERIES ON THE BRSR REPORT

Mr. Erez Israeli,

Chief Executive Oecer E-mail id: shares@drreddys.com Contact No: +H"-#K#-KH## 8H##

MV. REPORTING BOUNDARY

The disclosure under this BRSR is on standalone basis unless otherwise stated

*Gender split not available. We are in process of establishing a mechanism to record the details.

  1. DIFFERENTLY ABLED EMPLOYEES AND WORKERS

SR.

MALE

FEMALE

PARTICULARS

TOTAL

NO

NUMBER

%

NUMBER

%

Di?erently abled Employees

1

Permanent

[#

K7

7#

"8

8#

2

Other than permanent

-

-

Total

Y_

Not available

Di?erently abled Workers

  1. PRODUCTS AND SERVICES

14. DETAILS OF BUSINESS ACTIVITIES 2ACCOUNTING FOR 90% OF THE TURNOVER9

SR.

DESCRIPTION OF MAIN

DESCRIPTION OF BUSINESS ACTIVITY

% OF TURNOVER OF

NO

ACTIVITY

THE ENTITY

1

Pharmaceuticals

Development, manufacturing & sale of pharmaceutical products, and services

"##%

15. PRODUCTS/ SERVICES SOLD BY THE ENTITY 2ACCOUNTING FOR 90% OF THE ENTITY'S TURNOVER9

SR.

PRODUCTS

NIC CODE

% OF TOTAL TURNOVER

NO

CONTRIBUTED

1

Development, manufacturing & sale of Generic Formulations including Biosimilars

8"##H

7"

2

Development, manufacturing & sale of Active Pharmaceutical Ingredients & Custom

8"##H

"Y

Pharmaceutical Services

  1. OPERATIONS

16. NUMBER OF LOCATIONS WHERE PLANTS AND/ OR OPERATIONS/ OFFICES OF THE ENTITY ARE SITUATED

NUMBER OF PLANTS

NUMBER OF

LOCATION

2INCLUDING R&D SITES/

TOTAL

OFFICES

OPERATIONS9

National

8Z

7

Z"

International

H

^#

^H

M[. MARKETS SERVED BY THE ENTITY

A. NUMBER OF LOCATIONS

LOCATIONS

NUMBERS

National (Number of States)

Pan-India

International (Number of Countries)

66

  1. Contribution of exports as a percentage of the total turnover of the entity
    Out of the total turnover of INR "Z,77[ crore (excluding service income), the turnover of the products sold in India is INR K,8YH crore (Z"%) and that of other countries is INR H,[#Y crore ([H%).
  2. A brief on types of customers
    Our customers include wholesalers, distributors, pharmacy chains and hospitals, government institutions and other pharmaceutical companies.

1

Permanent

2

Other than permanent

Not available

Total

19. PARTICIPATION/ INCLUSION/ REPRESENTATION OF WOMEN

PARTICULARS

TOTAL

NUMBER OF

%

FEMALES

OF FEMALES

Board of Directors

""

Z

8Y

Key Managerial Personnel (KMPs)

Z

#

#

20. TURNOVER RATE FOR PERMANENT EMPLOYEES AND WORKERS

PARTICULARS

FY U_UMZUU

FY YZYZ[Y*

FY YZ^[YZ*

MALE

FEMALE

TOTAL

MALE

FEMALE

TOTAL

MALE

FEMALE

TOTAL

Permanent Employees

"Y%

"H.Z%

"Y%

-

-

"Y.^%

-

-

"7."%

Permanent Workers

Not available

*Gender wise splits are not available.

V G HOLDING, SUBSIDIARY AND ASSOCIATE COMPANIES RINCLUDING JOINT VENTURESS

UM. NAMES OF HOLDING/ SUBSIDIARY/ ASSOCIATE COMPANIES/ JOINT VENTURES

The details of holding/ subsidiary/ associate companies/ joint ventures are given in Form AOC-", as Annexure-I to the Board's Report forming part of the Annual Report 8#88.

Do the entities indicated in above table, participate in the business responsibility initiatives of the listed entity? (Yes/No)

The major subsidiary companies are closely integrated with our corporate business responsibility initiatives.

VI G CSR DETAILS

  1. WHETHER CSR IS APPLICABLE AS PER SECTION MVX OF THE COMPANIES ACT, U_MV: Yes
    1. Turnover - INR "K,K#^ Crore
    2. Net Worth - INR "7,ZZ[ Crore

28

Dr. Reddy's Laboratories Limited

Annual Report 2021-22

29

Our Co-Chairman& Managing Director drives the sustainability/ ESG agenda in the Company, pushing for strong action and has the ultimate responsibility to approve Dr. Reddy's ESG strategy and goals. He reports to the Board and updates them on the financial implications of climate risks and opportunities as part of the business performance review and ESG update to the Board.

VII G TRANSPARENCY AND DISCLOSURES COMPLIANCES

COMPLAINTS/ GRIEVANCES ON ANY OF THE PRINCIPLES 2PRINCIPLES 1 TO 99 UNDER THE NATIONAL GUIDELINES ON RESPONSIBLE

23. BUSINESS CONDUCT

GRIEVANCE

FY U_UMZUU

FY YZYZ[Y

REDRESSAL

MECHANISM

NUMBER OF

NUMBER OF

STAKEHOLDER GROUP

IN PLACE 2YES/

NUMBER OF

COMPLAINTS

NUMBER OF

COMPLAINTS

FROM WHOM COMPLAINT

NO9 2IF YES,

COMPLAINTS

PENDING

REMARKS

COMPLAINTS

PENDING

REMARKS

IS RECEIVED

THEN PROVIDE

FILED DURING

RESOLUTION

FILED DURING

RESOLUTION

WEB[LINK FOR

THE YEAR

AT CLOSE OF

THE YEAR

AT CLOSE OF

GRIEVANCE

THE YEAR

THE YEAR

REDRESS POLICY9

Communities

Yes*

#

#

#

#

Investors other than

Yes*

#

#

#

#

Shareholders

Shareholders

Yes*

[

#

7

#

Employees and Workers

Yes*

8"Z

88

"8[

"7

Customers

Yes*

"K

Z

[

"

Value Chain Partners

Yes*

8

#

Y

#

Others**

Yes*

Y#

Y

87

K

  • Some of the policies guiding the Company's conduct with all its stakeholders, including grievance mechanisms are placed on the Company's website. The link is: https://www.drreddys.com/investor#governance. In addition, there are internal policies placed on the intranet platform of the Company. The number of complaints are not comparable with that of the previous year. FYGHGI, when owing to the pandemic, the oJces were intermittently closed. Complaints pending as at the financial year end, but subsequently resolved.

**For FYGHGI-GG, out of NH, OP are anonymous and P are from identified unrelated parties. For FYGHGH-GI, out of GQ, GO are anonymous, I is from identified unrelated parties and I is from identified relative of an employee.

UW. OVERVIEW OF THE ENTITY'S MATERIAL RESPONSIBLE BUSINESS CONDUCT ISSUES

The Company's Executive Risk Management Committee operates under the Company's Risk Management Policy. Its focus is on risks associated with the Company's business and compliance matters. The Committee periodically reviews matters pertaining to risk management. Additionally, the Enterprise-wide Risk Management (ERM) function helps management and the Board to prioritize, review and measure business risks against a pre-determined risk appetite, and their suitable response, depending on whether such risks are internal, strategic or external (including ESG and Cyber security risks). There is a Risk Management Committee of the Board of Directors which is regularly appraised of the various Company's Risks.

Refer page nos. KH and ^# of the 8#8" Sustainability Report at the link https://www.drreddys.com/cms/cms/sites/default/ files/GHGG-HR/sustainability-report-fy-GHGH-GI.pdf, for more information on the Company's emerging climate related risks.

SECTION B G MANAGEMENT AND PROCESS DISCLOSURES

DISCLOSURE QUESTION

P b

P b Y

P b c

P b d

P b e

P b f

P b g

P b h

P b ^

Policy and Management Process

1. A. Whether your entity's policy/ policies

cover each principle and its core

Yes

Yes

Yes

Yes

Note "

Yes

Note 8

Yes

Yes

elements of the NGRBCs. (Yes/No)

1.

B. Has the policy been approved by the

The statutory policies are approved by the Board or Board Committees, as applicable. Other

Board? (Yes/No)

applicable policies are either approved by the Board or by the appropriate authority.

1.

C. Web Link of the Policies, if available

Note 3

2.

Whether the entity has translated the policy

Yes. The Company's Code of Business Conduct and Ethics (COBE) imbibes the above-mentioned

into procedures. (Yes/No)

principles and the Company expects its stakeholders to adhere to the same in all their dealings.

3.

Do the enlisted policies extend to your value Yes. The Company's COBE imbibes the above-mentioned principles and the Company expects its

chain partners? (Yes/No)

stakeholders to adhere to these in their dealings.

4.

Name of the national and international

SA8000

ISO

ISO

-

SA8000

-

-

As per the

-

codes/certifications/labels/ standards (e.g.

14001

45001

CSR Rules

Forest Stewardship Council, Fairtrade,

SA8000

prescribed

Rainforest Alliance, Trustea) standards (e.g.

under the

SA 8000, OHSAS, ISO, BIS) adopted by your

Companies

entity and mapped to each principle

Act, 2013

5.

Specific commitments, goals and targets set

Note K

by the entity with defined timelines, if any

6.

Performance of the entity against the

specific commitments, goals and targets

Note ^

along-with reasons in case the same are not

met

CORPORATE OVERVIEW

STATUTORY REPORTS

FINANCIAL STATEMENTS

DISCLOSURE QUESTION

P b

P b Y

P b c

P b d

P b e

P b f

P b g

P b h

P b ^

Governance, Leadership and Oversight

7.

Statement by Director responsible for the

At Dr. Reddy's, we are committed to make business truly sustainable and responsible . The Board

business responsibility report, highlighting

has made a Board level Committee responsible for sustainability and ESG road-map and review of

ESG related challenges, targets and

the implementation. 2020 and 2021 will go down in history as a period of unprecedented strain,

achievements (listed entity has flexibility

disruption, and challenges. However, it will also be remembered as the time humanity united

regarding the placement of this disclosure)

and solved the pandemic induced health, social, and economic crises. Covid-19 highlighted the

devastating impact of systemic inequalities and disparities and taught humanity some crucial

lessons. It made us deeply examine our practices, mindsets, and the urgent need to operate and

grow sustainably.

We see the coming year as a significant opportunity to integrate ESG into our organizational

culture, using it to drive our daily decisions while we strive to meet the needs of patients and

create a net positive impact on our ecosystem. Dr. Reddy's is committed to deliver its ESG agenda

by generating value for its stakeholders, driving sustainability with technological progress and

manufacturing excellence. Our exorts remain focused on expanding access and axordability to

safe, exective and high-quality medicines that the world can count on, because, - Good Health

Can't Wait.

7.

Details of the highest authority responsible

Mr. Erez Israeli

for implementation and oversight of the

Chief Executive Oecer

Business Responsibility policy (ies)

Tel: +91-40-4900-2900

E-mail ID: shares@drreddys.com

9. Does the entity have a specified Committee Mr. G V Prasad, Co-Chairman & Managing Director

of the Board/ Director responsible for decision making on sustainability related issues? (Yes/ No). If yes, provide details

Note M: The Company complies with all the statutory requirements. All the contracts and standing orders include relevant aspects of human rights.

Note U: The Company works closely with various trade and industry associations. This includes industry representations to the government and/ or regulators. The Company performs the function of policy advocacy in a transparent and responsible manner while engaging with all the authorities and considers the Company's interest as well as the larger national interest. The Company believes that policy advocacy must preserve and expand public good and thus, it does not advocate any policy change to benefit itself alone or a select few.

Note V: https://www.drreddys.com/media/UQVONO/cobe-booklet-vRH.pdfhttps://www.drreddys.com/media/QQQIRN/she-policy-document-GR-HN-GHGH.pdfhttps://www.drreddys.com/media/QUUPVO/human-rights-policy_HIHUGHGH.pdfhttps://www.drreddys.com/media/UUVGGP/csr-policy.pdfhttps://www.drreddys.com/cms/cms/sites/default/files/static/supplier-code-of-conduct-new.pdf

Note W: We strengthened our commitment to sustainability and announced new environmental, social, and governance (ESG) goals for GHVH to make more meaningful impact through our sustainable development strategy.

A. Being committed to environmental stewardship: Reducing carbon emissions

  • IHH% renewable power (REIHH) by GHVH; • Carbon neutral in direct operations (Scope I and G emissions) by GHVH; • IG.P% reduction in our indirect carbon emissions (Scope V) by GHVH

Water positivity

    • Water positive by GHGP
  1. Making our products accessible and a=ordable for patients Access: • Serve I.P billion+ patients by GHVH
    A=ordability : • GP% of our new launches to be first to market by GHGN
    Innovation : • V innovative products improving the standard of treatment every year
  2. Contributing to a fairer and more socially inclusive world Equity, diversity and inclusion
    • At least VP% women in senior leadership (VX from current) by GHVH; • Gender parity by GHVP; • V% of our workforce to be Persons with Disability (PwD) by GHVH; • Ensure IHH% living wages for our extended workforce by GHGP
  3. Enhancing trust with our stakeholders
    Compliance, Ethics, and Corporate governance: • Meet the highest standards on compliance and ethics backed by robust corporate governance
    Disclosures and reporting
    • Enhance our disclosures to reach top quartile by GHGP

Suppliers

  • IHH% of our strategic suppliers to be compliant with our internal ESG framework by GHVH

Note X: Some of our ESG progress against goals in FY IJII is provided below:

  • GO% of our total power is through renewable sources; • We have reduced II% of our absolute scope I & G emissions, and H.V% of scope V emissions since FY GHGI; • We are NQ% water neutral

For more details on our ESG goals and journey, refer to page nos. IO-IN of the Annual Report FYGHGG.

30

Dr. Reddy's Laboratories Limited

Annual Report 2021-22

31

10. DETAILS OF REVIEW OF NGRBCS BY THE COMPANY

SUBJECT FOR REVIEW

REVIEW OF PRINCIPLES UNDERTAKEN BY AND FREQUENCY

Performance against above policies and follow up

As a practice, BR policies of the Company are reviewed periodically or on a need

action

basis by department heads, business heads and Executive Directors. During such

assessment, eecacy of the policies are reviewed and necessary changes to policies

and procedures are implemented. The Board also reviews the Business Responsibility

Report on an annual basis.

Compliance with statutory requirements of relevance to The Company is in compliance with the extant regulations, as applicable. the principles and rectification of any non-compliances

  • Has the entity carried out independent assessment/ evaluation of the working of its policies by an external agency? (Yes/No). If yes, provide name of the agency
    The processes and compliances are subject to scrutiny by internal auditors and status of compliances are updated to the Board. From best practices as well as from a risk perspective, policies are periodically evaluated and updated by various department heads, business heads and approved by the management and/ or by the Board. Some of the policies of the Company are evaluated by KPMG and DNV Business Assurance India Private Limited (DNV). An internal assessment of the workings of the BR policies has been done.

"8. If answer to question (M) above is "No" i.e. not all Principles are covered by a policy, reasons to be stated: Not applicable

SECTION C G PRINCIPLE WISE PERFORMANCE DISCLOSURE

PRINCIPLE M: BUSINESSES SHOULD CONDUCT AND GOVERN THEMSELVES WITH INTEGRITY, AND IN A MANNER THAT IS ETHICAL, TRANSPARENT AND ACCOUNTABLE

CORPORATE OVERVIEW

STATUTORY REPORTS

FINANCIAL STATEMENTS

NON[MONETARY

NGRBC

NAME OF THE REGULATORY/ ENFORCEMENT

AMOUNT 2INR9

HAS AN APPEAL BEEN

PRINCIPLE

AGENCIES/ JUDICIAL INSTITUTES

BRIEF OF THE CASE

PREFERRED 2YES/NO9?

Imprisonment

Nil

Punishment

  1. Of the instances disclosed in Question Y above, details of the Appeal/ Revision preferred in cases where monetary or non-monetary action has been appealed
    Not applicable
  2. Does the entity have an anti-corruption or anti-bribery policy? If yes, provide details in brief and if available, provide a web-link to the policy
    Yes. Dr. Reddy's has an anti-bribery and anti-corruption policy. The policy has been developed in alignment with Dr. Reddy's Code of Business Conduct and Ethics (COBE), other internal policies such as Ombudsperson policy and other rules and regulations on against elements of Anti bribery and Anti-Corruption that govern the Company because of its geographical presence in multiple countries. The policy reiterates that Dr. Reddy's does not tolerate any bribery and corruption and continues to uphold the highest standards of integrity and transparency in all its interactions and routine business activities. The policy forms part of the COBE, applies to all members of the Board of Directors, full and part-time employees of the Company, its subsidiaries and aeliates. All business partners are also expected to follow the same standard of ethics when conducting business with the Company or on its behalf. (https://www.drreddys.com/investor#governance)

ESSENTIAL INDICATORS

1. PERCENTAGE COVERAGE BY TRAINING AND AWARENESS PROGRAMMES ON ANY OF THE PRINCIPLES DURING THE FINANCIAL YEAR

5.

NUMBER OF DIRECTORS/ KMPS/ EMPLOYEES/ WORKERS AGAINST WHOM DISCIPLINARY ACTION WAS TAKEN BY ANY LAW ENFORCEMENT AGENCY FOR THE CHARGES OF BRIBERY/ CORRUPTION

% AGE OF PERSONS IN

SEGMENT

TOTAL NUMBER OF TRAINING AND

TOPICS/ PRINCIPLES COVERED

RESPECTIVE CATEGORY

AWARENESS PROGRAMMES HELD

UNDER THE TRAINING AND ITS IMPACT

COVERED BY THE AWARENESS

PROGRAMMES

Board of Directors

Familiarisation/ awareness program for the Board of Directors/ KMPs of the Company

"##%

(BODs)/ Key

is done periodically. The topics cover business, regulations, code of business conduct

Managerial Personnel and ethics, economy and environmental, social and governance parameters. In

(KMPs)

addition, frequent updates are shared with all the Board members/ KMPs apprising

them on developments in the Company, key regulatory changes, risks, compliances,

and legal cases.

Employees other than The employees/ workers of the Company undergo various training programmes

7".^^%

BODs and KMPs

throughout the year. Owing to the pandemic, many trainings programs happened

through a blended learning approach which entailed virtual classroom initiatives, along

with dissemination of e-learning modules.

Various trainings were undertaken during the year: Prohibition of Insider Trading,

Prevention of Sexual Harassment at the Workplace, Information and Cyber Security

Workers

48.28%

Awareness, Code of Conduct, Know Your Customer guidelines, and a learning module on ESG. Other trainings included induction programmes for new recruits, leadership training, IT and cyber security and modules on soft skills, programmes on mental and physical well-being, among several others. Regular mailers are sent to employees on ethics, health, ESG and other relevant topics as part of the awareness programmes. The various updates are also placed at the intranet platforms of the Company.

  1. Details of fines/ penalties/ punishment/ award/ compounding fees/ settlement amount paid in proceedings (by the entity or by Directors/ KMPs) with regulators/ law enforcement agencies/ judicial institutions, in the financial year (Note: the entity shall make disclosures on the basis of materiality as specified in Regulation cZ of SEBI (Listing Obligations and Disclosure Requirements) Regulations, YZe and as disclosed on the entity's website):

MONETARY

NGRBC

NAME OF THE REGULATORY/

HAS AN APPEAL BEEN

ENFORCEMENT AGENCIES/

AMOUNT 2INR9

BRIEF OF THE CASE

PRINCIPLE

PREFERRED 2YES/NO9?

JUDICIAL INSTITUTES

Penalty/ Fine

Settlement

Nil

Compounding Fees

FY U_UMZUU

FY YZYZ[Y

Directors

KMPs

Nil

Employees

Workers

6. DETAILS OF COMPLAINTS WITH REGARD TO CONFLICT OF INTEREST

FY U_UMZUU

FY YZYZ[Y

NUMBER

REMARKS

NUMBER

REMARKS

Number of complaints received in relation to issues of conflict of

interest of the Directors

Nil

Not applicable

Nil

Not applicable

Number of complaints received in relation to issues of conflict of

interest of the KMPs

  1. Details of any corrective action taken or underway on issues related to fines/ penalties/ action taken by regulators/ law enforcement agencies/ judicial institutions, on cases of corruption and conflicts of interest
    Not applicable

LEADERSHIP INDICATORS

1. AWARENESS PROGRAMMES CONDUCTED FOR VALUE CHAIN PARTNERS ON ANY OF THE PRINCIPLES DURING THE FINANCIAL YEAR

TOTAL NUMBER

% AGE OF VALUE CHAIN PARTNERS COVERED

OF AWARENESS

TOPICS/ PRINCIPLES COVERED UNDER THE TRAINING

2BY VALUE OF BUSINESS DONE WITH SUCH PARTNERS9

PROGRAMMES HELD

UNDER THE AWARENESS PROGRAMMES

1

Environment, Social & Governance, Supplier Code of

"[.8

conduct, PSCI assessment checklist

  1. Does the entity have processes in place to avoid/ manage conflict of interests involving members of the Board? (Yes/No) If Yes, provide details of the same.
    As part of the Governance ecosystem, the Company has adopted best practices on reviews of conflict of interest of Directors. The Director's disclosures are placed before the Board and conflict of interest, if any, is discussed and reviewed. The Board collectively is responsible for decision making on conflict of interest disclosed to the Board for any business decisions, wherein any of the Directors are interested.

32

Dr. Reddy's Laboratories Limited

Annual Report 2021-22

33

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Dr. Reddy's Laboratories Limited published this content on 06 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 July 2022 09:43:07 UTC.