DRREDDY · price
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Dr. Reddy's Nomination, Governance and Compensation Committee approved the grant of stock options to eligible employees under two ESOP schemes. A total of 8,16,119 Indian Stock Options and 3,76,115 ADR Stock Options were granted, both at a Fair Market Value exercise price of Rs. 1,293.90 per share. Vesting is set at 100% at the end of 3 years. The grants are governed under the Dr. Reddy's Employees Stock Option Scheme, 2018 and the Dr. Reddy's Employees ADR Stock Option Scheme, 2007, in compliance with SEBI regulations. Options exercised and money realized fields are marked as not applicable.
This is a routine employee compensation disclosure and has no direct impact on revenue, orders, or stock performance. It represents standard equity-based incentive practice and is not material to shareholders.