February 16, 2009 / 12:51 PM / 10 years ago

Dr Reddys says founders pledge 5.94 pct of equity

MUMBAI, Feb 16 (Reuters) - Indian drug maker Dr Reddys Laboratories Ltd (REDY.BO) on Monday said its founders have pledged about 10 million shares, or 5.94 percent of the company’s equity, as on Feb 16.

Earlier, the founders had pledged 6.19 percent of the company, Dr Reddys said in a statement to the stock exchange. (Reporting by Aniruddha Basu; Editing by John Mair)

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