Legal15 Apr 2025, 12:04 am
Dr Reddys Laboratories Ltd Denies 25% Workforce Cost Reduction Rumors
AI Summary
Dr Reddys Laboratories Ltd has issued a clarification regarding a news item published in Business Standard on April 13, 2025, stating that the news is factually incorrect. The company has categorically denied the claim of a 25% workforce cost reduction and other claims mentioned in the article. The company does not comment on market speculations and there is currently no such event or information that requires a disclosure under Regulation 30 of the SEBI Listing Regulations.
Key Highlights
- Dr Reddys Laboratories Ltd has denied the news of a 25% workforce cost reduction
- The company has stated that the news item published in Business Standard is factually incorrect
- There is currently no event or information that requires a disclosure under Regulation 30 of the SEBI Listing Regulations