DR. REDDY'S LABORATORIES LIMITED Sub: Grant of Stock Options
This is to inform you that the Nomination, Governance & Compensation Committee of the Board of Directors of the Company at its meeting held on January 17, 2022, has granted the following stock options to employees of the Company:
| Sr. No. | Type of Option | Number of Options granted | Value | Exercise Price (Rs.) | ESOP Scheme |
| 1 | Indian stock options | 5,330* | Par value | 5 | Dr. Reddy's Employees Stock Option Scheme, 2002 |
| (*) | 50% vesting at the end of third year and 50% vesting at the end of fifth year from the grant date. |
This is for your information and records.
With regards,
For Dr. Reddy's Laboratories Limited
| /s/ Vivek Mittal | |
| Vivek Mittal | |
| Global General Counsel and Compliance Officer |
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Dr. Reddy's Laboratories Limited published this content on 18 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 January 2022 18:59:01 UTC.
