Dr Reddys announces cessation of subsidiary in Louisiana
Dr. Reddy's Laboratories Inc., USA, a wholly owned subsidiary of the Company, has successfully completed the sale of all issued and outstanding membership interests in its wholly owned subsidiary viz; Dr. Reddy's Laboratories Louisiana LLC, including the manufacturing facility located in Shreveport, Louisiana, USA, on March 21, 2025.
Consequently, Dr. Reddy's Laboratories Louisiana LLC has ceased to be a wholly owned subsidiary of Dr. Reddy's Laboratories Inc. and a step-down wholly owned subsidiary of Dr. Reddy's Laboratories effective from 21 March 2025.
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First Published: Mar 24 2025 | 1:48 PM IST