Dr. Reddys Labs - Allotment of Equity Shares on exercise of ESOP 24/06/2014

Dr. Reddys Labs - Allotment of Equity Shares on exercise of ESOP
24/06/2014 11:39
Dr Reddys Laboratories Ltd has informed BSE that the Nomination, Governance & Compensation Committee of the Board of Directors of the Company has allotted 56,031 equity shares of Rs. 5/- each of the Company, fully paid up, on June 23, 2014, to Employees on exercise of their Stock Options as per the following details :

1. 50,803 equity shares of Rs. 5/- each pursuant to Dr. Reddys Employees Stock Option Scheme, 2002.

2. 5,228 equity shares of Rs. 5/- each underlying 5,228 ADRs pursuant to Dr. Reddys Employees ADR Stock Option Scheme, 2007.