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DRIVIN G ROWTH - Dr. Reddy's

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166<br />

statement pursuant to section 212 of the companies act, 1956 relating to<br />

subsidiary companies<br />

Reddy Netherlands BV<br />

Kunshan Rotam Reddy<br />

Pharmaceutical Co. Ltd.<br />

Zenovus Biotech Pvt. Ltd.<br />

Aurigene Discovery<br />

Technologies Ltd.<br />

Cheminor Investments<br />

Ltd.<br />

Reddy Cheminor S.A.<br />

Reddy US Therapeutics Inc.<br />

Reddy Pharmaceuticals<br />

Singapore Pte. Ltd.<br />

<strong>Dr</strong>. Reddy’s<br />

Laboratories Inc.<br />

<strong>Dr</strong>. Reddy’s Farmaceutica<br />

Do Brasil Ltda.<br />

Reddy Antilles N.V.<br />

OOO JV Reddy Biomed<br />

Ltd.<br />

Reddy Pharmaceuticals<br />

Hongkong Ltd.<br />

Compact Electric<br />

Ltd.<br />

DRL Investments<br />

Ltd.<br />

Name of the subsidiary<br />

The Financial Year of the<br />

subsidiary company ended on 31.03.2002 31.03.2002 31.12.2001 31.12.2001 31.12.2001 31.12.2001 31.03.2002 31.12.2001 31.03.2002 31.03.2002 31.03.2002 31.03.2002 31.03.2002 31.12.2001 31.12.2001<br />

Number of shares in the subsidiary company held by <strong>Dr</strong>. Reddy Laboratories Limited at the above date<br />

Equity Shares 104 800000 11625000 380000 500000 400000 400750 * * 2494 134513 10004 10000 ** *<br />

Preference Shares 8 700,070 – – – – – – – – 8 – – – –<br />

Equity Holding 100% 100% 100% 76% 100% 100% 100% * * 99.76% 100% 100% 100% 51% *<br />

STATEMENT UNDER SECTION 212 | FINANCIALS | ANNUAL REPORT 2001-2002<br />

Preference Holding 0% 100% – – – – – – – – 0% – – – –<br />

The net Aggregate of profits (losses) of the subsidiary company for it’s financial year so far as they concern the members of <strong>Dr</strong>. Reddy’s Laboratories Limited<br />

a) Dealt with in the account of<br />

<strong>Dr</strong>. Reddy’s Laboratories Limited<br />

for the year ended 31.03.2002 Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil<br />

b) Not dealt with in the account of<br />

<strong>Dr</strong>. Reddy’s Laboratories Limited Rs. Rs. US$ Roubles US$ E US$ S$ US$ E Rs. RMB NLG<br />

for the year ended 31.03.2002 (21,307) (7,810,489) 89,910 45,645,000 (14,998) (217,815) 845,339 (97,962) 158,038 124,929 (2,137) – – (2,654,841) (79,111)

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