Dr Reddys - Allotment Of Equity Shares Under ESOP

Dr Reddys Laboratories Ltd has informed that pursuant to Dr. Reddys Employees Stock Option Scheme, 2002, the Compensation Committee of the Company has allotted 137,672 equity shares of Rs 5 each of the Company on June 21, 2007, to Directors/Employees who have exercised their Stock Options.