Good Health Can’t Wait.

More documents

Recommendations

Info

Good Health Can’t Wait. Dr. Reddy’s Laboratories Limited (A) (B) ( C) (D) (E) (F) (G) (H) S. NO CSR PROJECT OR ACTIVITIES IDENTIFIED 10 Community Sanitation Units 11 Support Naandi foundation's work on Health & Education 12 Capacity Building of Health Service providers SECTOR IN WHICH THE PROJECT IS COVERED Health Education & Health 13 CSR salaries and training Capacity Building 14 Capacity Building of Sector professionals through CSIM-Hyderabad PROJECTS OR PROGRAMS (1) LOCAL AREA OR OTHER (2) SPECIFY THE STATE & DISTRICTS WHERE PROJECTS OR PROGRAMS WAS UNDERTAKEN In vicinity of plant locations AMOUNT OUTLAY (BUDGET) PROJECT OR PROGRAM WISE FOR FY2015 AMOUNT SPENT ON THE PROJECTS OR PROGRAMS (1) DIRECT EXPENDITURE ON PROJECTS ** (2) OVERHEADS ** CUMULATIVE EXPENDITURE UPTO THE REPORTING PERIOD 800,000 709,725 709,725 Direct AMOUNT SPENT: DIRECT OR THROUGH IMPLEMENTING AGENCY Across India 10,000,000 10,258,152 10,258,152 Implementing Agency - Naandi Foundation Health Across India 30,000,000 17,441,786 17,441,786 Implementing Agency - Dr. Reddy's Foundation for Health & Education Capacity Building NA 5,000,000 4,539,518 4,539,518 Direct In Telangana State 840,000 840,000 840,000 Implementing Agency - CSIM, Hyderabad 15 School WASH Program Health In Telangana & Andhra 10,000,000 Nil Nil Project to Commence in FY2016 16 School Energy & Data Enablement 17 Others Health & education 18 Disaster Response (Plantation for Hud Hud Cyclone restoration) 19 Disaster Response (Vizag Zoo restoration support) 20 Disaster Response (Contribution to Prime Minister National Relief Fund) 21 support for medicines for general hospital and rural health services (Sri Satya Sai Central Trust) Education In Telangana State 10,000,000 Nil Nil Project to Commence in FY2016 Environmental sustainability Environmental sustainability Disaster response Health Across India 62,707,040 26,923,644 26,923,644 Direct & Implementaion Agencies In vicinity of plant 1,500,000 475,000 475,000 Direct locations In the vicinity of Plant 880,000 880,000 Direct Locations. - 500,000 479,322 479,322 Direct State of Karnataka (Bangalore, Puttaparthy) 4,000,000 3,888,000 3,888,000 Direct Total 371,647,040 291,664,994 291,664,994 ** For FY2015, the data on overheads is not separately accounted. Currently a uniform methodology for distinguishing the direct expenditure and standardization is being developed. 6. In case the company has failed to spend the two per cent of the average net profit of the last three financial years or any part thereof, the company shall provide the reasons for not spending the amount in its Board report: During the financial year, our efforts focused on creating additional infrastructure to expand our programs and on enriching the monitoring and impact measuring systems so as to ensure that CSR Funds are optimally utilized. 7. A responsibility statement of the CSR Committee that the implementation and monitoring of CSR Policy, is in compliance with CSR objectives and Policy of the company: The implementation and monitoring of CSR Policy is in compliance with the CSR objectives and Policy of the Company. G V Prasad Co-Chairman & CEO Ravi Bhoothalingam Chairman of CSR Committee 94
Statutory Reports • Board’s Report Annual Report 2014 - 15 ANNEXURE - V The details of stock options as on 31 March 2015 under the Dr. Reddy’s Employees Stock Option Scheme, 2002 and the Dr. Reddy’s Employees ADR Stock Option Scheme, 2007 are as under: EMPLOYEES STOCK OPTION SCHEMES SL. NO. DESCRIPTION DR. REDDY’S EMPLOYEES STOCK OPTION SCHEME, 2002 DETAILS DR. REDDY’S EMPLOYEES ADR STOCK OPTION SCHEME, 2007 1 Total Options granted 7,082,446 618,714 2 Pricing formula Dr. Reddy’s Employees Stock Option Scheme, 2002 provides for the grant of options in two categories: Category A: 505,939 stock options out of the total of 4,349,102 reserved for grant of options having an exercise price equal to the fair market value of the underlying equity shares on the date of grant; and Category B: 3,843,163 stock options out of the total of 4,349,102 reserved for grant of options having an exercise price equal to the par value of the underlying equity shares (i.e., ` 5 per option). The fair market value of a share on each grant date falling under Category A above is defined as the weighted average closing price of the company’s equity shares for 30 days prior to the grant, in the stock exchange where there is highest trading volume during that period. Dr. Reddy’s Employees ADR Stock Option Scheme, 2007 provides for the grant of options in two categories: Category A: 382,695 stock options out of the total of 1,530,779 reserved for grant of options having an exercise price equal to the fair market value of the underlying equity shares on the date of grant; and Category B: 1,148,084 stock options out of the total of 1,530,779 reserved for grant of options having an exercise price equal to the par value of the underlying equity shares (i.e., ` 5 per option). The fair market value of a share on each grant date falling under Category A above is defined as the closing price of the Company’s equity shares on the trading day immediately preceding the date of grant, in the stock exchange where there is highest trading volume during that period. 3 Options vested as at 31 March 2015 43,425 6,730 4 Total Options exercised 2,702,360 346,758 5 Total number of shares arising as a result of exercise of options 2,702,360 346,758 6 Total Options lapsed 3,794,632 173,606 7 Variation of terms of Options 1. Members of the Company approved the amendment in Dr. Reddy’s Employees Stock Option Scheme, 2002 at the Annual General Meeting held on 28 July 2004. The amendment enabled the Company to grant Stock Options in two categories of par value and fair market value. Before this amendment, the Scheme provided for grant of options at fair market value only. 2. Members of the Company further approved the amendment in Dr. Reddy’s Employees Stock Option Scheme, 2002 at the Annual General meeting held on 27 July 2005. The amendment enabled the Company to grant options in the following categories: Category A: 300,000 stock options out of the total of 2,295,478 reserved for grant of options having an exercise price equal to the fair market value of the underlying equity shares on the date of grant; and Category B: 1,995,478 stock options out of the total of 2,295,478 reserved for grant of options having an exercise price equal to the par value of the underlying equity shares (i.e., ` 5 per option). 1. Members of the Company approved the amendment in Dr. Reddy’s Employees ADR Stock Option Scheme, 2007, at the Annual General Meeting held on 22 July 2008, to exercise the right to recover from the relevant employees, the fringe benefit tax, in respect of options granted to or vested or exercised by the eligible employees under provisions of the Income Tax Act, 1961. 95
Page 1 and 2:
ANNUAL REPORT 2014-15 Good Health C
Page 3 and 4:
Our Brand We are in the business of
Page 5 and 6:
Corporate Overview Annual Report 20
Page 7 and 8:
Page 9 and 10:
Page 11 and 12:
Page 13 and 14:
Page 15 and 16:
Page 17 and 18:
Page 19 and 20:
Page 21 and 22:
Page 23 and 24:
Page 25 and 26:
Page 27 and 28:
Page 29 and 30:
Statutory Reports • Business Resp
Page 31 and 32:
Page 33 and 34:
Page 35 and 36:
Page 37 and 38:
Page 39 and 40:
Page 41 and 42:
Page 43 and 44:
Statutory Reports • Management Di
Page 45 and 46: Statutory Reports • Management Di
Page 57 and 58: Statutory Reports • Corporate Gov
Page 73 and 74: Statutory Reports • Additional Sh
Page 87 and 88: Statutory Reports • Board’s Rep
Page 95: Statutory Reports • Board’s Rep
Page 111 and 112: Standalone Financial Statements Ann
Page 147 and 148:
Standalone Financial Statements Ann
Page 149 and 150:
Page 151 and 152:
Page 153 and 154:
Page 155 and 156:
Page 157 and 158:
Page 159 and 160:
Page 161 and 162:
Page 163 and 164:
Page 165 and 166:
Consolidated Financial Statements A
Page 167 and 168:
Page 169 and 170:
Page 171 and 172:
Page 173 and 174:
Page 175 and 176:
Page 177 and 178:
Page 179 and 180:
Page 181 and 182:
Page 183 and 184:
Page 185 and 186:
Page 187 and 188:
Page 189 and 190:
Page 191 and 192:
Page 193 and 194:
Page 195 and 196:
Page 197 and 198:
Page 199 and 200:
Page 201 and 202:
Page 203 and 204:
Page 205 and 206:
Page 207 and 208:
Page 209 and 210:
Page 211 and 212:
Page 213 and 214:
Page 215 and 216:
Page 217 and 218:
Page 219 and 220:
Page 221 and 222:
Page 223 and 224:
Page 225 and 226:
Page 227 and 228:
Notice Annual Report 2014 - 15 NOTI
Page 229 and 230:
E-Voting Annual Report 2014 - 15 IN
Page 231:
Dr. Reddy’s Laboratories Limited
Page 235 and 236:
The future belongs, not to those wh
show all

Good Health Can’t Wait.

Create successful ePaper yourself

Delete template?

Save as template?