Dr Reddys Laboratories Ltd allots 13188 Equity Shares on exercise of ESOP

The Nomination, Governance & Compensation committee of the Board of Directors of Dr Reddys Laboratories Ltd has allotted 13,188 equity shares of Rs.5/- each of the Company, fully paid up, on September 22, 2016, to Employees on exercise of their Stock Options.

11,136 equity shares of Rs. 5/- each were allotted pursuant to Dr. Reddy's Employees Stock Option Scheme, 2002.

2,052 equity shares of Rs. 5/- each underlying 2,052 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.3181.1 as compared to the previous close of Rs. 3147.95. The total number of shares traded during the day was 10892 in over 994 trades.

The stock hit an intraday high of Rs. 3186 and intraday low of 3151. The net turnover during the day was Rs. 34567662.

Source : Equity Bulls

Keywords