Go Digit General Insurance Invests Rs. 30.06 Crores in Dr. Reddy’s Laboratories Ltd

Go Digit General Insurance Ltd has invested Rs. 30.06 crores in Dr. Reddy’s Laboratories Ltd on 25th February 2025. This investment represents a 0.32% shareholding in the pharmaceutical company. Dr. Reddy’s Laboratories Ltd, incorporated in 1984, offers a portfolio of products and services including Active Pharmaceutical Ingredients (APIs), Pharmaceutical Services (CPS), generics, biosimilars, Pharmaceutical Ingredients (Custom and Differentiated Formulations). The company's history of turnover for the last three financial years is as follows: 2023-24 - Rs. 28,011 crores, 2022-23 - Rs. 24,670 crores, and 2021-22 - Rs. 21,545 crores. This investment is not a related party transaction and does not require any governmental or regulatory approvals. It is being made in the ordinary course of investment function of the Company.