Dr. Reddy’s reports $32.4K IRS penalty for subsidiary
The company assessed the IRS penalty as having no material impact on its financials, operations or other activities.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Dr. Reddy’s Laboratories Limited disclosed that its step-down wholly owned subsidiary, Dr. Reddy’s Laboratories, Inc., received an IRS transcript on October 2, 2026, dated September 25, 2026, classifying $32,350.20 as a penalty for misclassifying the fiscal-year reference when making a tax payment. The company assessed the penalty as having no material impact on its financials, operations or other activities.
Key Figures
Key Terms
step-down wholly owned subsidiary financial
fiscal year reference financial
Regulation 30 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How much was the IRS penalty reported by RDY?
AI-generated analysis. How Rhea-AI works. Not financial advice.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
October, 2026
Commission File Number 1-15182
DR. REDDY’S LABORATORIES LIMITED
(Translation of registrant’s name into English)
8-2-337, Road No. 3, Banjara Hills
Hyderabad, Telangana 500 034, India
+91-40-49002900
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F x Form 40-F ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ______
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ______
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ¨ No x
If “Yes” is marked, indicate below the file number assigned to registrant in connection with Rule 12g3-2(b): 82-________.
EXHIBITS
Exhibit Number |
| Description of Exhibits |
|
| |
99.1 | Intimation dated October 3, 2026 |
| 2 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| DR. REDDY’S LABORATORIES LIMITED (Registrant) | ||
|
| ||
Date: October 3, 2026 | By: | /s/ K Randhir Singh | |
|
| Name: | K Randhir Singh |
|
| Title: | Company Secretary |
| 3 |
Exhibit 99.1
| Dr. Reddy's Laboratories Ltd. 8-2-337, Road No. 3, Banjara Hills Hyderabad – 500 034, Telangana, India
CIN: L85195TG1984PLC004507
Tel: + 91 40 4900 2900 Fax: + 91 40 4900 2999 Email: mail@drreddys.com Web: www.drreddys.com |
October 3,2026
National Stock Exchange of India Ltd. (Scrip Code: DRREDDY)
BSE Limited (Scrip Code: 500124)
New York Stock Exchange Inc. (Stock Code: RDY)
NSE IFSC Ltd (Stock Code: DRREDDY)
Dear Sir/Madam,
Sub: | Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 |
This is to inform that Dr. Reddy’s Laboratories, Inc. (“DRL Inc”), a step-down wholly owned subsidiary of the Company, received final transcript dated September 25, 2026, from Department of the Treasury, Internal Revenue Service, Cincinnati, OH, US (“IRS”) on Oct 2,2026 classifying an amount $32,350.20 as a penalty levied by IRS. The details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule III Para A Sub Para 20 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are as hereunder:
Name of the authority | Department of Treasury, Internal Revenue Service, Cincinnati, OH, US |
Nature and details of the action(s) taken, initiated or order(s) passed | Penalty amount of $32,350.20 due to misclassification of Fiscal year reference at the time of tax payment. |
Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority | Transcript dated Sept 25,2026 was received by DRL Inc. on Oct 2,2026. |
Details of the violation(s)/ contravention(s) committed or alleged to be committed | Penalty due to misclassification of Fiscal year reference at the time of tax payment. |
Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible | Based on our evaluation, there is no material impact on financials, operations or other activities of the Company. |
This is for your information and record.
Thanking you.
Yours faithfully,
For Dr. Reddy’s Laboratories Limited
K Randhir Singh
Company Secretary, Compliance Officer and Head-CSR