Dr Reddy Laboratories : Related Party Transaction

August 16, 2022

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

BSE Limited (Scrip Code: 500124)

Dear Sirs/Madam,

Sub: Disclosure of related party transactions for the half year ended March 31, 2022.

Pursuant to Regulation 23(9) of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the applicable disclosure on related party transactions for the half year ended March 31, 2022, in the requisite format.

This is for your information and record.

Thanking you,

Yours faithfully,

For Dr. Reddy's Laboratories Limited

KUMAR Digitally signed by KUMAR

RANDHI RANDHIR SINGH Date: 2022.08.16

1. SINGH23:20:39 +05'30'

K Randhir Singh

Company Secretary & Compliance Officer

Disclosure on Related Party Transactions on Consolidated Basis for the half year ended March 31, 2022

1. In accordance with the provisions of Ind AS 24, Related Party Disclosures and the Companies Act, 2013, Company's Directors, members of the Company's Management Council and Company Secretary are considered as Key Managerial Personnel.

List of Key Managerial Personnel of the Company is as below:

1.	K Satish Reddy	Whole-time director (Chairman)
2.	G V Prasad	Whole-time director (Co-Chairman and Managing Director)
3.	Allan Oberman	Independent director
4.		Bharat Narotam Doshi (till 10 May 2021)	Independent director
5.		Dr. Bruce LA Carter	Independent director
6.		Dr. K P Krishnan (from 07 January 2022)	Independent director
7.		Kalpana Morparia	Independent director
8.		Leo Puri	Independent director
9.		Prasad R Menon	Independent director
10.	Penny Wan (from 28 January 2022)	Independent director
11.Shikha Sharma	Independent director
12.	Sridar Iyengar	Independent director
13.	Anil Namboodiripad (till 01 June 2021)	Management council member
14.	Archana Bhaskar	Management council member
15.	Deepak Sapra	Management council member
16.Dr. Raymond de Vre (till 31 March 2021)	Management council member
17.	Erez Israeli	CEO and management council member
18.	Ganadhish Kamat (till 31 March 2021)	Management council member
19.	Marc Kikuchi	Management council member
20.	Mukesh Rathi (from 1 December 2020)	Management council member
21.	M V Ramana	Management council member
22.	Parag Agarwal (from 1 December 2020)	Management council member
23.Patrick Aghanian	Management council member
24.	P Yugandhar (till 30 September 2021)	Management council member
25.	Sauri Gudlavalleti (till 13 January 2022)	Management council member
26.	Sanjay Sharma	Management council member
27.	Saumen Chakraborty(till 20 November 2021)	Management council member
28.	K Randhir Singh (from 17 March 2022)	Company secretary
29.	Sandeep Poddar (till 18 November 2021)	Company secretary

KUMAR RANDHI R SINGH

Digitally signed by KUMAR RANDHIR SINGH Date: 2022.08.16 23:21:24 +05'30'

b) List of related parties with whom transactions have taken place during the current and/or previous year:

1.	K Samrajyam	Mother of Chairman
2.	K Deepti Reddy	Spouse of Chairman
3.	G Anuradha	Spouse of Co-chairman
4.	G Mallika Reddy	Daughter of Co-chairman
5.	G V Sanjana Reddy	Daughter of Co-chairman
6.	Akhil Ravi	Son-in-law of Co-chairman
7.	Shravya Reddy Kallam	Daughter of Chairman
8.	Kunshan Rotam Reddy Pharmaceuticals	Enterprise over which the Company exercises joint control with
	Company Limited	other joint venture partners and holds 51.33% of equity shares
9.	DRES Energy Private Limited	Enterprise over which the Company exercises joint control with
		other joint venture partners and holds 26% of equity shares
10.Araku Originals Private Limited	Enterprise over which whole-time directors have significant
		influence
11.AverQ Inc	Enterprise over which Key Managerial Personnel have significant
		influence
12.Cancelled Plans LLP	Enterprise over which relatives of whole-time directors have
		significant influence
13.Dr. Reddy's Foundation	Enterprise over which whole-time directors and their relatives
		have significant influence
14.Dr. Reddy's Institute of Life Sciences	Enterprise over which whole-time directors have significant
		influence

1. Green Park Hospitality Services Private Enterprise controlled by relative of a whole-time director Limited
2. Green Park Hotels and Resorts Limited Enterprise controlled by relative of a whole-time director

17.Indus Projects Private Limited	Enterprise over which relatives of whole-time directors have
	significant influence
18.Pudami Educational Society	Enterprise over which whole-time directors and their relatives
	have significant influence
19.Samarjita Management Consultancy	Enterprise controlled by Key Managerial Personnel (till 30
Private Limited	November 2021)
20.Shravya Publications Pvt. Ltd.	Enterprise over which whole-time directors and their relatives
	have significant influence
21.Stamlo Industries Limited	Enterprise controlled by whole-time directors

Further, the Company contributes to the Dr. Reddy's Laboratories Gratuity Fund, which maintains the plan assets of the Company's Gratuity Plan for the benefit of its employees.

KUMAR RANDHI R SINGH

Digitally signed by KUMAR RANDHIR SINGH Date: 2022.08.16 23:21:41 +05'30'

c) The following is a summary of significant related party transactions:

Particulars	For the year ended	For the half year ended
31 March 2022	31 March 2022
Research and development services received
Dr.Reddy's Institute of Life Sciences	122	71
Contributions towards social development
Dr.Reddy's Foundation	310	116
Catering services
Green Park Hospitality Services Private Limited	319	159
Facility management services
Green Park Hospitality Services Private Limited	36	18
Hotel expenses
Green Park Hotel and Resorts Limited	11	8
Stamlo Industries Limited	7	3
Total	18	11
Civil works
Indus Projects Private Limited	52	7
Professional consulting services
Samarjita Management Consultancy Private Limited	71	29
AverQ Inc.	4	3
Total	75	32
Sales of goods
Kunshan Rotam Reddy Pharmaceuticals Company Limited	21	8
License fees received
Kunshan Rotam Reddy Pharmaceuticals Company Limited	57	57
Lease rentals paid to
Key Managerial Personnel
K Satish Reddy	15	8
Relatives of Key Managerial Personnel	23	13
Total	38	21
Lease rentals received
DRES Energy Private Limited	1	-*
*Rounded off to million.
Purchase of Solar power
DRES Energy Private Limited	124	63
Salaries to relatives of Key Managerial Personnel	12	7
Remuneration to Key Managerial Personnel
Salaries and other benefits(1)	638	313
Contributions to defined contribution plans	31	15
Commission to directors	305	118
Share-based payments expense	211	102
Total	1,185	548

1. Some of the Key Managerial Personnel of the Company are also covered under the Company's Gratuity Plan along

KUMAR RANDHIR SINGH

Digitally signed by KUMAR RANDHIR SINGH Date: 2022.08.16 23:21:59 +05'30'

with the other employees of the Company. Proportionate amounts of gratuity accrued under the Company's Gratuity Plan have not been separately computed or included in the above disclosure.

d) The Company has the following amounts due from/ to related parties:

Particulars	As at
31 March 2022
Due from related parties
Key Managerial Personnel (towards rent deposits)	8
DRES Energy Private Limited	1
Total	9
Due to related parties
Green Park Hospitality Services Private Limited	2
Indus Projects Private Limited	7
Green Park Hotels and Resorts Limited	1
Others	- *
Total	10

*Rounded off to million.

KUMAR Digitally signed

by KUMAR

RANDHI RANDHIR SINGH

Date: 2022.08.16

R SINGH 23:22:18 +05'30'