Board of Dr Reddys approves allotment of 4.13 cr equity shares

23 Apr 2022 , 02:41 PM

The Board of Dr Reddys Laboratories (DRL) at its meeting held on 22 April 2022 has approved the allotment of f 4,13,25,300 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, 4,13,25,300 equity shares held by DRHL i.e the Amalgamating Company in the share capital of DRL i.e. Amalgamated Company got cancelled, pursuant to the Scheme.

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