Grant of Employee Stock Options

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 Web: www.drreddys.com July 22, 2026 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 vide resolution by circulation dated July 22, 2026, has approved the grant of stock options to the eligible employee under the Employees Stock Option Schemes of the Company: Sl. Type of Number Value Exercise ESOP Scheme No. Option(s) of options Price per granted share 1 Indian Stock 15,933 Fair Market Rs. 1,206/- Dr. Reddy’s Employees Options Value Stock Option Scheme, 2018 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. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026) S.No Particulars Details 1. Brief details of options Grant of 15,933 stock options under Dr. Reddy’s granted Employees Stock Option Scheme, 2018, to the eligible employee of the Company. 2. Whether the scheme is in Yes terms of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (if applicable) 3. Total number of shares 15,933 covered by these options 4. Pricing formula/ Exercise Rs. 1,206/- per stock option Price / Grant Price 5. Options vested / vesting 100% vesting at the end of 3 years schedule 6. Time within which option According to respective vesting schedule may be exercised 7. Brief details of significant Stock options granted are governed under the Dr. terms Reddy’s Employees Stock Option Scheme, 2018, which is administered and implemented by the Nomination, Governance & Compensation Committee 8. Options exercised Not Applicable 9. Money realized by exercise of options 10. The total number of shares arising as a result of exercise of option 11. Options lapsed 12. Variation of terms of options 13. Subsequent changes or cancellation or exercise of such options 14. Diluted earnings per share pursuant to issue of equity shares on exercise of options