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RDY 6-K

Dr Reddys Laboratories Ltd (RDY)

6-K 2025-05-09 For: 2025-05-09
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Added on July 04, 2026

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

May, 2025

Commission File Number 1-15182

DR. REDDY’S LABORATORIES LIMITED

(Translation of registrant’s name into English)

8-2-337, Road No. 3, Banjara Hills

Hyderabad, Telangana 500 034, India

+91-40-49002900

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F x Form 40-F ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ______

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ______

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ¨ No x

If “Yes” is marked, indicate below the file number assigned to registrant in connection with Rule 12g3-2(b): 82-________.

EXHIBITS

Exhibit<br><br>Number Description of Exhibits
99.1 Intimation dated May 9, 2025
2
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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

DR. REDDY’S LABORATORIES LIMITED<br><br>(Registrant)
Date: May 9, 2025 By: /s/ K Randhir Singh
Name: K Randhir Singh
Title: Company Secretary
3
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Exhibit 99.1

Dr. Reddy's Laboratories Ltd .
8-2-337, Road No. 3, Banjara Hills
Hyderabad – 500 034, Telangana, India
CIN: L85195TG1984PLC004507
Tel: + 91 40 4900 2900
Fax: + 91 40 4900 2999
Email: [email protected]
Web: www.drreddys.com

May 9, 2025

National Stock Exchange of India Ltd. (Scrip Code: DRREDDY)

BSE Ltd. (Scrip Code: 500124)

New York Stock Exchange Inc. (Stock Code: RDY)

NSE IFSC Ltd. (Stock Code: DRREDDY)

Dear Sir/Madam,

Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015

This is to inform that the Nomination, Governance and Compensation Committee of the Board of Directors of the Company at its meeting held on May 8 & 9, 2025, has approved the grant of stock options to the eligible employees under the Employees Stock Option Schemes of the Company:

Sl.<br><br>No. Type of<br><br>Option(s) Number<br><br>of options<br><br>granted Value Exercise<br><br>Price per<br><br>share ESOP Scheme
1 Indian Stock Options 9,15,763 Fair Market Value Rs. 1,162/- Dr. Reddy’s Employees Stock Option Scheme, 2018
2 American Depository<br><br>Receipts (ADRs) Stock Options 3,53,057 Fair Market Value Rs. 1,162/- Dr. Reddy's Employees<br><br>ADR Stock Option<br><br>Scheme, 2007

This is for your information and records.

Thanking you.

Yours faithfully,

For Dr. Reddy’s Laboratories Limited

K. Randhir Singh

Company Secretary, Compliance Officer & Head-CSR

BRIEF DETAILS ON THE GRANT OF STOCK OPTIONS

(Pursuant to SEBI Master Circular No SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024)

S.No Particulars Details
1. Brief details of options granted Grant of 9,15,763 under Dr. Reddy’s Employees Stock Option Scheme, 2018, to the eligible employees of the company. Grant of 3,53,057 stock options under Dr. Reddy's Employees ADR Stock Option Scheme, 2007 to the eligible employees of the company.
2. Whether the scheme is in terms of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (if applicable) Yes Yes
3. Total number of shares covered by these options 9,15,763 3,53,057
4. Pricing formula/ Exercise Price / Grant Price Rs.1,162 per stock option Rs.1,162 per stock option
5. Options vested / vesting schedule 100% vesting at the end of 3 years 100% vesting at the end of 3 years
6. Time within which option may be exercised According to respective vesting schedule According to respective vesting schedule
7. Brief details of significant terms Stock options granted are governed under the Dr. Reddy’s Employees Stock Option Scheme, 2018, which is administered and implemented by the Nomination, Governance & Compensation Committee Stock options granted are governed under the Dr. Reddy's Employees<br><br>ADR Stock Option Scheme, 2007, which<br><br>is administered and implemented by the Nomination, Governance & Compensation Committee
8. Options exercised Not Applicable Not Applicable
9. Money realized by exercise of options
10. The total number of shares<br><br>arising as a result of exercise of option
11. Options lapsed
12. Variation of terms of options
13. Subsequent changes or<br><br>cancellation or exercise of such options
14. Diluted earnings per share<br><br>pursuant to issue of equity<br><br>shares on exercise of options