StockWatch
·
Pharmaceuticals
ESOP22 Jul 2026, 04:50 pm

Dr Reddy's Grants 15,933 Stock Options

AI Summary

Dr Reddy's Laboratories Ltd announced the grant of 15,933 employee stock options under its Employees Stock Option Scheme, 2018. The grant was approved by the Nomination, Governance and Compensation Committee of the Board of Directors on July 22, 2026. Each option has an exercise price of ₹1,206, based on the Fair Market Value. The options are subject to a 100% vesting schedule at the end of 3 years and can be exercised according to the respective vesting schedule. This move is in line with SEBI regulations for employee benefits.

Key Highlights

  • 15,933 employee stock options granted.
  • Exercise price set at ₹1,206 per option.
  • Options vest fully after 3 years.
  • Grant aligns with SEBI ESOP regulations.