Dr Reddys Laboratories Ltd allots 63862 Equity Shares on exercise of ESOP

The Nomination, Governance & Compensation committee of the Board of Directors of Dr Reddys Laboratories Ltd has allotted 63,862 equity shares of Rs. 5/- each of the Company, fully paid up, on June 23, 2015, to Employees on exercise of their Stock Options.

54,696 equity shares of Rs. 5/- each were allotted pursuant to Dr. Reddy's Employees Stock Option Scheme, 2002.

9,166 equity shares of Rs. 5/- each underlying 9,166 ADRs were allotted 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.3433.45 as compared to the previous close of Rs. 3435.25. The total number of shares traded during the day was 8322 in over 1237 trades.

The stock hit an intraday high of Rs. 3473 and intraday low of 3415.05. The net turnover during the day was Rs. 28677643.

Source : Equity Bulls

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