Dr. Reddy's Laboratories Limited has informed the Exchange regarding Allotment of 57885 Shares.
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Dr. Reddy's Laboratories has allotted 57,885 equity shares of Re. 1 each to eligible employees on June 14, 2025, following the exercise of stock options under the company's ESOP 2002 and ADR ESOP 2007 schemes. The shares were exercised at four different prices ranging from Re. 1 to Rs. 1,060.2 per share. After this allotment, the total issued share capital stands at Rs. 83,45,72,090, comprising 83,45,72,090 equity shares. The newly issued shares rank pari passu with existing shares, and there is no lock-in period applicable.
This is a routine ESOP allotment resulting in very minor dilution (about 0.007% increase in share count). No material impact expected on stock price or shareholder value.