Dr Reddy’s grants employee stock options
By Our Corporate Bureau | 27 Aug 2002
Hyderabad: Dr Reddy’s Laboratories Ltd has granted 1,813 stock options to one of its employees at a meeting of the compensation committee of the board held on 26 August 2002.
In a release to Indian stock exchanges, the company said these options were granted at a price of Rs 884 per option, equivalent to the weighted average share price of Dr Reddy’s during the last 30 days on the Bombay Stock Exchange.