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Standalone Financial Statements Annual Report 2014 - 15<br />

NOTES TO FINANCIAL STATEMENTS<br />

(All amounts in Indian Rupees millions, except share data and where otherwise stated)<br />

36. OctoPlus B.V., Netherlands (formerly OctoPlus N.V.);<br />

37. OctoPlus Development B.V., Netherlands;<br />

38. OctoPlus PolyActive Sciences B.V., Netherlands;<br />

39. OctoPlus Sciences B.V., Netherlands;<br />

40. OctoPlus Technologies B.V., Netherlands;<br />

41. OctoShare B.V., Netherlands;<br />

42. OOO Dr. Reddy’s Laboratories Limited, Russia;<br />

43. OOO DRS LLC, Russia;<br />

44. Promius Pharma LLC, USA;<br />

45. Reddy Antilles N.V., Netherlands;<br />

46. Reddy Cheminor S.A., France (under liquidation);<br />

47. Reddy Holding GmbH, Germany;<br />

48. Reddy Netherlands B.V., Netherlands;<br />

49. Reddy Pharma Iberia SA, Spain;<br />

50. Reddy Pharma Italia S.p.A, Italy;<br />

51. Reddy Specialities GmbH, Germany; and<br />

52. Reddy US Therapeutics Inc., USA (till 3 July 2013).<br />

Joint ventures<br />

<br />

2.27: RELATED PARTY DISCLOSURES (CONTINUED)<br />

Kunshan Rotam Reddy Pharmaceutical Company<br />

Limited (“Reddy Kunshan”), China<br />

Enterprise over which the Company exercises joint control with other joint venture<br />

partners and holds 51.33% of equity shares<br />

DRANU LLC, USA Enterprise over which the Company’s step down subsidiary exercises joint control with<br />

other joint venture partner and holds 50% of equity shares<br />

DRSS Solar Power Private Limited, India Enterprise over which the Company exercises joint control with other joint venture<br />

partners and holds 26% of equity shares<br />

b. List of other related parties with whom transactions have taken place during the current and/or previous year:<br />

Dr. Reddy's Institute of Life Sciences Enterprise over which whole-time directors have significant influence<br />

Ecologic Chemicals Limited Enterprise controlled by whole-time directors<br />

Stamlo Hotels Private Limited Enterprise controlled by whole-time directors<br />

Green Park Hotels and Resorts Limited Enterprise controlled by relative of a whole-time director<br />

K Samrajyam Mother of Chairman<br />

G Anuradha Spouse of Chief Executive Officer<br />

Deepti Reddy Spouse of Chairman<br />

G Mallika Reddy Daughter of Chief Executive Officer<br />

G V Sanjana Reddy Daughter of Chief Executive Officer<br />

Dr. Reddy’s Foundation Enterprise over which whole-time directors and their relatives have significant influence<br />

Pudami Educational Society Enterprise over which whole-time directors and their relatives have significant influence<br />

c. List of Key Management Personnel* of the Company<br />

• K Satish Reddy (whole-time director); • Dr. Raghav Chari;<br />

• G V Prasad (whole-time director); • Dr. KVS Ram Rao;<br />

• Abhijit Mukherjee; • M V Ramana;<br />

• Alok Sonig; • Samiran Das;<br />

• Dr. Amit Biswas; • Sandeep Poddar;<br />

• Dr. R Ananthanarayanan (till 30 November 2014); • Saumen Chakraborty; and<br />

• Dr. Cartikeya Reddy; • Umang Vohra.<br />

• Dr. Chandrasekhar Sripada;<br />

* In accordance with the provisions of AS 18 “Related Party Disclosures” and the Companies Act, 2013, members of the Company’s Management Council<br />

and Company Secretary are considered as Key Management Personnel.<br />

141

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