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Dr Reddy’s allots ESOPs

Hyderabad, April 22

The compensation committee of the board of directors of Dr Reddy’s Laboratories Ltd has allotted 10,866 equity shares of Rs 5 each on April 21 to the employees who had exercised their stock options. The allotment was in accordance with Dr Reddy’s Employees Stock Option Scheme 2002, according to a release.

— Our Bureau

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