Dr. Reddy's Laboratories Ltd allots 19089 shares

The Nomination, Governance & Compensation committee of the Board of Directors of Dr. Raddy's Laboratories Ltd. has allotted 19,089 equity shares of Rs.5/- each of the Company, fully paid up, on April 14, 2018, to Employees on exercise of their Stock Options.

- 18,801 equity shares of Rs. 5/- each pursuant to Dr. Reddy's Employees Stock Option Scheme, 2002.

- 288 equity shares of Rs. 5/- each underlying 288 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.2087 as compared to the previous close of Rs. 2058.8. The total number of shares traded during the day was 20347 in over 1163 trades.

The stock hit an intraday high of Rs. 2094.5 and intraday low of 2061. The net turnover during the day was Rs. 42438044.

Source : Equity Bulls

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