Announced Fri, 19 Jun · 14:23 IST
Dr. Reddy's allots 6,730 shares to employees under ESOPs
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DRREDDY · price
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Price reaction · full curve 14 horizons · vs prior close
+1.6%1-day move
₹1271.10
prior close
₹1264.80
base price
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AI summary
Dr. Reddy's Laboratories has allotted 6,730 equity shares of Re.1 each to eligible employees on June 19, 2026, upon exercise of stock options under its ESOP 2002 and ADR ESOP 2007 schemes. The shares were issued in three tranches: 2,455 shares at Re.1, 2,000 shares at Rs.562.80, and 2,275 shares at Rs.735.80. Total issued shares after this allotment stand at about 83.47 crore equity shares.
Likely market impact
Minor dilution of about 0.001 percent from ESOP exercise; routine disclosure with negligible impact on share price or shareholder value.