Dr Reddys Laboratories allots 13890 Equity Shares on exercise of ESOP

The Nomination, Governance & Compensation committee of the Board of Directors of Dr Reddys Laboratories Ltd has allotted 13,890 equity shares of Rs. 5/- each of the Company, fully paid up, on January 01, 2015, to Employees on exercise of their Stock Options.

13,800 equity shares of Rs. 5/- each pursuant to Dr. Reddy's Employees Stock Option Scheme, 2002 and 90 equity shares of Rs. 5/- each underlying 90 ADRs pursuant to Dr. Reddy's Employees ADR Stock Option Scheme, 2007.

Shares of DR.REDDY'S LABORATORIES LTD. was last trading in BSE at Rs.3217.35 as compared to the previous close of Rs. 3211.6. The total number of shares traded during the day was 6630 in over 1247 trades.

The stock hit an intraday high of Rs. 3266 and intraday low of 3210.75. The net turnover during the day was Rs. 21400088.

Source : Equity Bulls

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