EX-99.1 2 drr0669_ex99-1.htm EXHIBIT 99.1

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 : mail@drreddys.com www.drreddys.com

September 12, 2024

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

BSE Limited (Stock Code: 500124)

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

NSE IFSC Ltd. (Stock Code: DRREDDY)

Dear Sir/Madam,

| Sub: | Results of voting through Postal Ballot (remote e-voting) pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

This is in furtherance to our letter dated August 13, 2024 enclosing therein Notice of Postal Ballot seeking approval of Members of the Company for sub-division/ split of each equity share of the Company having face value of Rs. 5/- (Rupees five only) each, fully paid-up, into 5 (Five) equity shares having face value of Re. 1/- (Rupee one only) each, fully paid up, and consequent alteration of the Capital Clause of the Memorandum of Association of the Company, by way of ordinary resolution through remote e-voting.

We would like to inform that the ordinary resolution as set out in the said Postal Ballot Notice has been approved by the Members of the Company with requisite majority.

In accordance with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the summarized voting result of the remote e-voting , in the prescribed format, along with a copy of the Scrutinizer’s Report are enclosed herewith, for your information and records. The same is also being made available on the Company’s website, www.drreddys.com.

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

Encl: as above

CC: National Securities Depositary Limited (NSDL)

General information about company
Scrip code | 500124
NSE Symbol | DRREDDY
MSEI Symbol | NOTLISTED
ISIN | INE089A01023
Name of the company | Dr. Reddy's Laboratories Limited
Type of meeting | Postal Ballot
Date of the meeting / last day of receipt of postal ballot forms (in case of Postal Ballot) | 12-09-2024
Start time of the meeting |
End time of the meeting |

Scrutinizer Details
Name of the Scrutinizer | Alifya Sapatwala
Firms Name | Mehta & Mehta
Qualification | CS
Membership Number | 24091
Date of Board Meeting in which appointed | 27-07-2024
Date of Issuance of Report to the company | 12-09-2024

Voting results
Record date | 09-08-2024
Total number of shareholders on record date | 284425
No. of shareholders present in the meeting either in person or through proxy
a) Promoters and Promoter group |
b) Public |
No. of shareholders attended the meeting through video conferencing
a) Promoters and Promoter group |
b) Public |
No. of resolution passed in the meeting | 1

Resolution (1)
Resolution required: (Ordinary / Special) | Ordinary
Whether promoter/promoter group are interested in the agenda/resolution? | No
Description of resolution considered | Approval of sub-division/split of each equity share of Rs. 5/- (Rupees five only) each into 5 (five) equity shares of Re. 1/- (Rupee one only) each and consequent alteration to the Memorandum of Association of the Company

Category |  | Mode of voting |  | No. of shares held |  |  | No. of votes polled |  |  | % of Votes polled on outstanding shares |  |  | No. of votes – in favour |  |  | No. of votes – against |  |  | % of votes in favour on votes polled |  |  | % of Votes against on votes polled |
|  | (1) |  |  | (2) |  |  | (3)=[(2)/(1)]*100 |  |  | (4) |  |  | (5) |  |  | (6)=[(4)/(2)]*100 |  |  | (7)=[(5)/(2)]*100 |
Promoter and Promoter Group |  | E-Voting |  |  |  |  |  |  | 44461128 |  |  |  | 100.0000 |  |  |  | 44461128 |  |  |  | 0 |  |  |  | 100.0000 |  |  |  | 0.0000 |
|  | Poll |  |  | 44461128 |  |  |  | 0 |  |  |  | 0.0000 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
|  | Postal Ballot (if applicable) |  |  |  |  |  |  | 0 |  |  |  | 0.0000 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
|  | Total |  |  | 44461128 |  |  |  | 44461128 |  |  |  | 100.0000 |  |  |  | 44461128 |  |  |  | 0 |  |  |  | 100.0000 |  |  |  | 0.0000 |
Public- Institutions |  | E-Voting |  |  |  |  |  |  | 90885450 |  |  |  | 84.7784 |  |  |  | 90726574 |  |  |  | 158876 |  |  |  | 99.8252 |  |  |  | 0.1748 |
|  | Poll |  |  | 107203568 |  |  |  | 0 |  |  |  | 0.0000 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
|  | Postal Ballot (if applicable) |  |  |  |  |  |  | 0 |  |  |  | 0.0000 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
|  | Total |  |  | 107203568 |  |  |  | 90885450 |  |  |  | 84.7784 |  |  |  | 90726574 |  |  |  | 158876 |  |  |  | 99.8252 |  |  |  | 0.1748 |
Public- Non Institutions |  | E-Voting |  |  |  |  |  |  | 245993 |  |  |  | 1.6221 |  |  |  | 243963 |  |  |  | 2030 |  |  |  | 99.1748 |  |  |  | 0.8252 |
|  | Poll |  |  | 15165005 |  |  |  | 0 |  |  |  | 0.0000 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
|  | Postal Ballot (if applicable) |  |  |  |  |  |  | 0 |  |  |  | 0.0000 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
|  | Total |  |  | 15165005 |  |  |  | 245993 |  |  |  | 1.6221 |  |  |  | 243963 |  |  |  | 2030 |  |  |  | 99.1748 |  |  |  | 0.8252 |
|  | Total |  |  | 166829701 |  |  |  | 135592571 |  |  |  | 81.2760 |  |  |  | 135431665 |  |  |  | 160906 |  |  |  | 99.8813 |  |  |  | 0.1187 |
Whether resolution is Pass or Not. | Yes |

Details of Invalid Votes
Category |  | No. of Votes |
Promoter and Promoter Group |  |  | 0 |
Public Institutions |  |  | 0 |
Public - Non Institutions |  |  | 0 |