Dr Reddys Labs promoter pledge addtl shares

Image
Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 7:34 PM IST

Pharma major Dr Reddys Laboratories today said its promoter has pledged additional 84,000 shares for an undisclosed amount.

Dr Reddys Holdings Private, a promoter group company have pledged an additional 84,000 shares of the company taking the total percentage of shares pledged to 7.06 per cent as on March 9, the company said in a filing to the Bombay Stock Exchange.

Earlier, the promoter had pledged over 1.16 crore shares representing 6.92 per cent stake in the company.

Shares of Dr Reddys Laboratories were trading at Rs 388, up 2.80 per cent on the BSE.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 12 2009 | 2:03 PM IST

Next Story