Dr. Reddy's Laboratories Ltd allots 25606 shares

The Nomination, Governance & Compensation committee of the Board of Directors of Dr. Reddy's Laboratories Ltd has allotted 25,606 equity shares of Rs.5/- each of the Company, fully paid up, on July 6, 2018, to Employees on exercise of their Stock Options as per the following details:

a) 21,515 equity shares of Rs. 5/- each pursuant to Dr. Reddy's Employees Stock Option Scheme, 2002.

b) 4,091 equity shares of Rs. 5/- each underlying 4,091 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.2266.4 as compared to the previous close of Rs. 2297.95. The total number of shares traded during the day was 36171 in over 1725 trades.

The stock hit an intraday high of Rs. 2318.15 and intraday low of 2256.3. The net turnover during the day was Rs. 82854876.

Source : Equity Bulls

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