Dr. Reddy’s laboratories of Major Dr. Reddy have said on Monday that there was no reduction or a 25 percent workforce to reduce operating costs.
Reacting the reports in one section of the media, the company based in Hyderabad said: “We want to clarify that these news are in fact incorrect. We categorically deny the claim of a cost reduction of 25 per center and the other claimed in what was said.” ”
“The company does not comment on market speculation and currently there is no such event or information that requires a dissemination under regulation 30 of Sebi listing regulations,” the drug manufacturer reported to the bours.
Posted on April 14, 2025