BSECompany Update6d ago · 7 Aug 2026, 11:02 pm

Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2105

Dr Reddys Laboratories Ltd · 500124

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Dr Reddys Laboratories Ltd has terminated its agreement with Novartis India Limited due to a change in controlling shareholding of NIL. The company will continue to commercialize the affected brands until September 30, 2026.

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Growth Catalyst3/10
Governance Concern1/10
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Dr Reddys Laboratories Ltd - 500124 - Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015

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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 August 7, 2026 National Stock Exchange of India Ltd. (Scrip Code: DRREDDY) BSE Limited (Scrip Code: 500124) New York Stock Exchange Inc. (Stock Code: RDY) NSE IFSC Ltd. (Stock Code: DRREDDY) Dear Sir/Madam, Ref: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 This is to inform you that the Company has terminated the agreement dated February 11, 2022, with Novartis India Limited (NIL) with respect to the distribution and promotion of select brands in India. This termination follows a change in the controlling shareholding of NIL. The Company will continue to commercialize the brands covered thereunder until September 30, 2026. 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