Board of Dr Reddys approves allotment of 413 cr equity shares

28 Apr 2022 , 01:34 AM

The Board of Dr Reddys Laboratories DRL at its meeting held on 22 April 2022 has approved the allotment of f 41325300 fully paid-up equity shares of the face value of Rs 5 each to the equity shareholders of Dr Reddys Holdings DRHL pursuant to o the Scheme of Amalgamation and Arrangement Further 41325300 equity shares held by DRHL ie the Amalgamating Company in the share capital of DRL ie Amalgamated Company got cancelled pursuant to the Scheme