Dr. Reddy's Laboratories incorporates wholly owned subsidiary

15 Mar 2024 Evaluate

Dr. Reddy's Laboratories has incorporated wholly owned subsidiary (WOS) namely ‘Dr. Reddy’s Nutraceuticals’ on March 14, 2024, having registered office in Hyderabad, Telangana. The Certificate of Incorporation has been issued by the Ministry of Corporate Affairs, Government of India, on March 14, 2024.

The proposed wholly owned subsidiary will carry on the business related to medical nutrition, specialized nutrition, nutraceuticals, vitamins, minerals, herbals and supplements, and related foods or drugs. The business of the proposed WOS is not outside the main line of business of the Company. 

Dr. Reddy's Laboratories is a multinational pharmaceutical company based in Hyderabad, Telangana in India. It manufactures and markets a wide range of pharmaceuticals in India and overseas.

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