Dr. Reddy's Laboratories Limited has informed the Exchange regarding 'Allotment of Employee Stock Options'.
DRREDDY · price
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Dr. Reddy's Laboratories allotted 3,675 equity shares of Re. 1 each to eligible employees on March 26, 2026, pursuant to the exercise of stock options under the Dr. Reddy's Employees ADR Stock Option Scheme, 2007. Of these, 575 shares were issued at Re. 1 per share and 3,100 shares at Rs. 735.80 per share. Post-allotment, the total issued share capital stands at Rs. 83,46,57,970, comprising 83,46,57,970 equity shares. The newly issued shares rank equally with existing shares and carry no lock-in restrictions. This is a routine disclosure under SEBI's employee benefits regulations.
This is a routine, non-material ESOP allotment with negligible dilution (3,675 shares out of over 83 crore). It is unlikely to have any meaningful impact on the share price or shareholder value.