Dr. Reddy's Laboratories Ltd allots 15977 shares

The Nomination, Governance & Compensation committee of the Board of Directors of Dr. Reddy's Laboratories Ltd has allotted 15,977 equity shares of Rs.5/- each of the Company, fully paid up, on September 25, 2018, to Employees on exercise of their Stock Options.

10,436 equity shares of Rs. 5/- each were allotted pursuant to Dr. Reddy's Employees Stock Option Scheme, 2002 and 5,541 equity shares of Rs. 5/- each underlying 5,541 ADRs pursuant to Dr. Reddy's Employees ADR Stock Option Scheme, 2007.

Shares of DR.REDDY'S LABORATORIES LTD. was last trading in BSE at Rs.2607.2 as compared to the previous close of Rs. 2552.3. The total number of shares traded during the day was 58600 in over 2652 trades.

The stock hit an intraday high of Rs. 2615 and intraday low of 2552.05. The net turnover during the day was Rs. 151951841.

Source : Equity Bulls

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