Dr Reddy's declares ₹8 final dividend for FY26
Dr Reddy's Laboratories Ltd has scheduled its 42nd AGM for July 23, 2026, via video conferencing. The Board recommended a final dividend of ₹8 per share for FY26, payable by July 30, 2026. The meeting includes the adoption of audited financial statements, re-appointment of directors, and appointment of statutory auditors.

*this image is generated using AI for illustrative purposes only.
Dr Reddy's Laboratories Ltd has scheduled its 42nd Annual General Meeting (AGM) for Thursday, July 23, 2026, at 11:00 a.m. IST through video conferencing. The Board of Directors has recommended a final dividend of ₹8 per equity share of the face value of ₹1 each for the financial year ended March 31, 2026. The dividend, if declared, will be paid on or before July 30, 2026, to members whose names appear on the Register of Members as of the end of the day on July 10, 2026.
The Notice and Integrated Annual Report for Financial Year 2025-26 were sent electronically on June 30, 2026. The AGM will transact ordinary business, including the adoption of audited financial statements for the financial year ended March 31, 2026. Shareholders will consider the re-appointment of Mr. K Satish Reddy, Director, who retires by rotation. The meeting will also seek approval to appoint M/s. Deloitte Haskins & Sells, LLP, as Statutory Auditors for a period of five consecutive years, replacing M/s. S. R. Batliboi & Associates LLP. The proposed audit fee for the financial year ending March 31, 2027, is ₹8,86,00,000 plus applicable taxes.
Special business includes the re-appointment of Dr. K P Krishnan as an Independent Director for a second term of five consecutive years effective from January 7, 2027, to January 6, 2032. Additionally, the appointment of Mr. Srikanth Velamakanni as an Independent Director for a term of five years effective from July 1, 2026, to June 30, 2031, will be put to vote. The company also seeks ratification for the remuneration payable to cost auditors, M/s. Sagar & Associates, amounting to ₹9,00,000 plus applicable taxes for the financial year ending March 31, 2027.
E-voting for the AGM commences on July 19, 2026, at 9:00 a.m. IST and concludes on July 22, 2026, at 5:00 p.m. IST. The cut-off date to determine shareholder eligibility for voting and dividend entitlement is July 16, 2026. The facility for attending the AGM virtually will be available for 1,000 members on a first-come, first-served basis, excluding large shareholders, promoters, and institutional investors.
Key AGM Dates and Details
| Event | Date and Time |
|---|---|
| AGM Date | Thursday, July 23, 2026, at 11:00 a.m. IST |
| Cut-off Date | Thursday, July 16, 2026 |
| E-voting Start | Sunday, July 19, 2026, at 9:00 a.m. IST |
| E-voting End | Wednesday, July 22, 2026, at 5:00 p.m. IST |
| Dividend Record Date | Friday, July 10, 2026 |
| Dividend Payment Date | On or before Thursday, July 30, 2026 |
The company has stated that the notice and the Integrated Annual Report have been sent electronically to members. Physical copies have not been dispatched. Shareholders can access the documents on the company's website.
Historical Stock Returns for Dr Reddys Laboratories
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.27% | +2.97% | +2.79% | +5.85% | +4.41% | +23.54% |
What strategic rationale is driving the switch from M/s. S. R. Batliboi & Associates LLP to M/s. Deloitte Haskins & Sells, LLP as statutory auditors?
How will the appointment of Mr. Srikanth Velamakanni, with his technology background, influence Dr. Reddy's digital transformation and AI initiatives?
Will the company maintain the current dividend payout ratio of ₹8 per share in the upcoming financial year given the proposed audit fee increase?































