Dr. Reddy's Laboratories Ltd allots 46634 shares

The Nomination, Governance & Compensation committee of the Board of Directors of Dr. Reddy's Laboratories Ltd has allotted 46,634 equity shares of Rs.5/- each of the Company, fully paid up, on June 1, 2017, to Employees on exercise of their Stock Options.

45,074 equity shares of Rs. 5/- each were allotted pursuant to Dr. Reddy's Employees Stock Option Scheme, 2002.

1,560 equity shares of Rs. 5/- each were allotted for underlying 1,560 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.2553.3 as compared to the previous close of Rs. 2519.95. The total number of shares traded during the day was 27675 in over 2154 trades.

The stock hit an intraday high of Rs. 2574.7 and intraday low of 2525. The net turnover during the day was Rs. 70708958.

Source : Equity Bulls

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