Dr. Reddy's Laboratories (DRREDDY) — Announcement

📢 Key Event
Dr. Reddy's terminates Novartis distribution agreement after shareholding change

Dr. Reddy's Laboratories announced termination of its distribution agreement with Novartis India effective August 7, 2026, following Novartis's change in controlling shareholding. The company will continue commercializing the affected brands until September 30, 2026, ensuring uninterrupted supply during the transition period.

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About Dr. Reddy's Laboratories Limited (DRREDDY)

Healthcare · Pharmaceuticals & Biotechnology · Listed on NSE

Market Cap: ₹1,11,568.6 Cr P/E: 20.0 ROE: 16.6% ROCE: 19.7%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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