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DRIVIN G ROWTH - Dr. Reddy's

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dematerialised form may contact their respective Depository Participant (DP) for availing<br />

the nomination facility.<br />

SIMULTANEOUS DEMATERIALISATION OF SHARES SENT FOR TRANSFER<br />

The Company provides facility of simultaneous transfer and dematerialisation of equity<br />

shares. Upon receipt of the share certificate for transfer and upon completion of the due<br />

process, the investor is intimated through an option letter about the dematerialisation<br />

option. If the investor so desires, s(he) may send his/her dematerialisation request within a<br />

period of 15 days from the date of option letter— failing which share certificate will be<br />

dispatched to the investor. The investors who wish to exercise the option of<br />

dematerialisation their shares are required to submit Dematerialisation Request Form<br />

(DRF) duly filled, along with the original option letter to the Depository Participant (DP).<br />

SHARE TRANSFER SYSTEM<br />

<strong>Dr</strong>. Reddy’s has a well-equipped investor cell at the registered office of the Company, which<br />

endeavours to provide efficient and timely services to the shareholders in share transfers<br />

and related operations. Every six months, a practicing Company Secretary audits the<br />

system, and a certificate of compliance is issued.<br />

The number of shares transferred in physical form during the last two financial years are<br />

given in Table 6.<br />

Table 6<br />

|<br />

Shares transferred in physical form<br />

2001-2002 2000-2001<br />

Number of transfers 428 684<br />

Number of shares 82,633 230,091<br />

DEMATERIALISATION OF SHARES<br />

<strong>Dr</strong>. Reddy’s scrip forms part of the compulsory dematerialisation segment for all investors<br />

with effect from February 15, 1999. To facilitate easy access for investors to the<br />

dematerialised system, the Company has agreement with both the depositories in the<br />

country viz., National Securities Depository Limited (NSDL) and Central Depository<br />

DR. REDDY’S LABORATORIES LTD. | ADDITIONAL SHAREHOLDERS INFORMATION | ANNUAL REPORT 2001-2002<br />

97

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