Dr Reddys Laboratories Ltd approves allotment of 15850 Equity Shares on exercise of ESOP

The Nomination, Governance & Compensation committee of the Board of Directors of Dr Reddys Laboratories Ltd has allotted 15,850 equity shares of Rs. 5/- each of the Company, fully paid up, on December 02, 2016, to Employees on exercise of their Stock Options.

8,905 equity shares of Rs. 5/- each were allotted pursuant to Dr. Reddy's Employees Stock Option Scheme, 2002.

6,945 equity shares of Rs. 5/- each were allotted with respect to underlying 6,945 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.3171.25 as compared to the previous close of Rs. 3179.75. The total number of shares traded during the day was 15837 in over 1788 trades.

The stock hit an intraday high of Rs. 3191.6 and intraday low of 3124. The net turnover during the day was Rs. 50093392.

Source : Equity Bulls

Keywords