Dr. Reddy’s Laboratories Ltd.'s Board of Directors Approves Bonus Debentures Issue

HYDERABAD, India--(BUSINESS WIRE)--The Board of Directors of Dr. Reddy’s Laboratories Limited (NYSE: RDY) today approved a scheme for the issue of bonus debentures by restructuring the general reserves of the company. The scheme is, however, subject to the approval by the company’s shareholders, the Reserve Bank of India and the Andhra Pradesh High Court.

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