Sub: Grant of Stock Options
This is to inform you that the Nomination, Governance & Compensation Committee of the Board of Directors of the Company at its meeting held on January 17, 2022, has granted the following stock options to employees of the Company:
Sr. No. | Type of Option | Number of Options granted | Value | Exercise Price (Rs.) | ESOP Scheme |
1 | Indian stock options | 5,330* | Par value | 5 | Dr. Reddy's Employees Stock Option Scheme, 2002 |
(*) | 50% vesting at the end of third year and 50% vesting at the end of fifth year from the grant date. |
This is for your information and records.
With regards,
For Dr. Reddy's Laboratories Limited
/s/ Vivek Mittal | |
Vivek Mittal | |
Global General Counsel and Compliance Officer |
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Dr. Reddy's Laboratories Limited published this content on 18 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 January 2022 18:59:01 UTC.