Dr. Reddy's Laboratories Limited has informed the Exchange regarding Allotment of stock options.
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Dr. Reddy's Laboratories has allotted 57,840 equity shares of Re. 1 each on June 3, 2025, to eligible employees who exercised their stock options under the company's Employee Stock Options Scheme, 2002. The shares were issued at an exercise price of Re. 1 per share with no premium. After this allotment, the total issued share capital stands at approximately 83.45 crore equity shares. The newly issued shares rank equally with existing shares and there is no lock-in period.
This is a routine ESOP allotment with negligible dilution (about 0.0007% of total shares). No material impact on shareholders or stock price is expected, as these shares were already factored in through the existing stock option pool.