DRIVIN G ROWTH - Dr. Reddy's

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Related parties
16. In our opinion, and according to the information and explanations given to us, the transactions for purchase of goods and
materials and for sale of goods, materials and services made in pursuance of contracts or arrangements entered in the register
maintained under section 301 of the Companies Act, 1956, and aggregating during the year to Rs 50,000 or more in respect of
each party, have been made at prices which are reasonable having regard to prevailing market prices for such goods, materials or
services or the prices at which transactions for similar goods, materials or services have been made with other parties.
Fixed deposits
17. The Company has not accepted any deposits from the public and consequently the provisions of section 58A of the Companies
Act, 1956, and the rules made thereunder are not applicable, to the Company.
Staff welfare
18. The Company has been regular in depositing Provident Fund and Employees’ State Insurance dues during the year, with the
appropriate authorities.
19. According to information and explanations given to us by management and on the basis of the examination of the books of
account carried out by us, no personal expenses of employees have been charged to the Profit and Loss Account, other than those
payable under contractual obligations or in accordance with generally accepted business practice.
Taxation
20. According to the information and explanations given to us, there are no undisputed amounts payable in respect of income tax,
wealth tax, sales tax, customs duty and excise duty which are outstanding as at March 31, 2002 for a period of more than six
months from the date they became payable.
Others
21. The Company is not a sick industrial company within the meaning of clause (o) of sub-section (1) of section 3 of the Sick Industrial
Companies (Special Provisions) Act, 1985.
For BHARAT S RAUT & CO. For A RAMACHANDRA RAO & CO.
Chartered Accountants Chartered Accountants
PRADIP KANAKIA A RAMACHANDRA RAO
Partner Partner
Hyderabad
June 4, 2002
DR. REDDY’S LABORATORIES LTD. | FINANCIALS | ANNUAL REPORT 2001-2002