EX-8 7 drr0310_ex8.htm EXHIBIT 8

 

EXHIBIT 8

 

Dr. Reddy’s Laboratories Limited

 

Dr. Reddy’s Laboratories Limited is the parent company. Tabulated below is the list of subsidiaries and joint ventures as of March 31, 2021:

 

Name of the subsidiary/joint venture  Country of Incorporation  Percentage of
Direct/Indirect Ownership
Interest
Aurigene Discovery Technologies (Malaysia) Sdn. Bhd.  Malaysia  100%(3)
Aurigene Discovery Technologies, Inc.  U.S.A.  100%(3)
Aurigene Discovery Technologies Limited  India  100%
Aurigene Pharmaceutical Services Limited (from September 16, 2019)  India  100%(3)
beta Institut gemeinnützige GmbH  Germany  100%(8)
betapharm Arzneimittel GmbH  Germany  100%(8)
Cheminor Investments Limited  India  100%
Cheminor Employees Welfare Trust  India  Refer to below footnote(16)
Chirotech Technology Limited  United Kingdom  100%(2)(5)
Dr. Reddy’s Research Foundation  India  Refer to below footnote(16)
Dr. Reddy's Employees ESOS Trust (from July 27, 2018)  India  Refer to below footnote(16)
Dr. Reddy’s Farmaceutica Do Brasil Ltda.  Brazil  100%
Dr. Reddy’s Laboratories (EU) Limited  United Kingdom  100%(10)
Dr. Reddy’s Laboratories (Proprietary) Limited  South Africa  100%(10)
Dr. Reddy’s Laboratories (UK) Limited  United Kingdom  100%(5)
Dr. Reddy’s Laboratories Canada, Inc.  Canada  100%(10)
Dr. Reddy's Laboratories Chile SPA.  Chile  100%(10)
Dr. Reddy’s Laboratories, Inc.  U.S.A.  100%(10)
Dr. Reddy’s Laboratories Japan KK  Japan  100%(10)
Dr. Reddy’s Laboratories Kazakhstan LLP  Kazakhstan  100%(10)
Dr. Reddy’s Laboratories Louisiana, LLC  U.S.A.  100%(6)
Dr. Reddy’s Laboratories Malaysia Sdn. Bhd.  Malaysia  100%(10)
Dr. Reddy’s Laboratories New York, LLC  U.S.A.  100%(1)
Dr. Reddy's Laboratories Philippines Inc. (from May 9, 2018)  Philippines  100%(10)
Dr. Reddy’s Laboratories Romania S.R.L.  Romania  100%(10)
Dr. Reddy’s Laboratories SA  Switzerland  100%
Dr. Reddy's Laboratories Taiwan Limited  Taiwan  100%(10)
Dr. Reddy's Laboratories (Thailand) Limited (from June 13, 2018)  Thailand  100%(10)
Dr. Reddy’s Laboratories, LLC  Ukraine  100%(10)
Dr. Reddy’s New Zealand Limited  New Zealand  100%(10)
Dr. Reddy’s S.R.L.  Italy  100%(11)
Dr. Reddy's Bio-Sciences Limited  India  100%
Dr. Reddy's Laboratories (Australia) Pty. Limited  Australia  100%(10)
Dr. Reddy's Laboratories S.A.S.  Colombia  100%(10)
Dr. Reddy's Research and Development B.V. (formerly Octoplus B.V.)  Netherlands  100%(12)
Dr. Reddy's Venezuela, C.A.  Venezuela  100%(10)
Dr. Reddy’s (WUXI) Pharmaceutical Company Limited  China  100%(10)
Dr. Reddy’s (Beijing) Pharmaceutical Co. Limited (from August 19, 2020)  China  100%(10)
DRANU LLC  U.S.A.  50%(14)(17)
DRES Energy Private Limited  India  26%(15)
DRL Impex Limited  India  100%(13)
Dr. Reddy's Laboratories B.V. (formerly Eurobridge Consulting B.V.)  Netherlands  100%(12)
Dr. Reddy’s Formulations Limited (from March 11, 2021)  India  100%
Idea2Enterprises (India) Private Limited  India  100%
Imperial Credit Private Limited  India  100%
Industrias Quimicas Falcon de Mexico, S.A. de CV  Mexico  100%
Kunshan Rotam Reddy Pharmaceutical Co. Limited  China  51.33%(4)
Lacock Holdings Limited  Cyprus  100%(10)
OOO Dr. Reddy's Laboratories Limited  Russia  100%(10)
OOO DRS LLC  Russia  100%(9)
Promius Pharma, LLC  U.S.A.  100%(6)
Reddy Holding GmbH  Germany  100%(10)

 

 

 

 

Name of the subsidiary/joint venture  Country of Incorporation  Percentage of
Direct/Indirect Ownership
Interest
Reddy Netherlands B.V.  Netherlands  100%(10)
Reddy Pharma Iberia S.A.U.  Spain  100%(10)
Reddy Pharma Italia S.R.L.  Italy  100%(7)
Reddy Pharma SAS  France  100%(10)
Svaas Wellness Limited (formerly Regkinetics Services Limited)  India  100%

 

(1)Indirectly owned through Dr. Reddy’s Laboratories, Inc. (from October 29, 2020), formerly a subsidiary of Dr. Reddy’s Laboratories SA. Also, conversion from corporation to limited liability company is effective October 30, 2020.

 

(2)Entity under liquidation.

 

(3)Indirectly owned through Aurigene Discovery Technologies Limited.

 

(4)Kunshan Rotam Reddy Pharmaceutical Co. Limited is a subsidiary as per Indian Companies Act, 2013, as the Company holds a 51.33% stake. However, the Company accounts for this investment by the equity method and does not consolidate it in the Company’s financial statements.

 

(5)Indirectly owned through Dr. Reddy’s Laboratories (EU) Limited.

 

(6)Indirectly owned through Dr. Reddy’s Laboratories Inc.

 

(7)Indirectly owned through Lacock Holdings Limited.

 

(8)Indirectly owned through Reddy Holding GmbH.

 

(9)Indirectly owned through OOO Dr. Reddy's Laboratories Limited.

 

(10)Indirectly owned through Dr. Reddy’s Laboratories SA.

 

(11)Indirectly owned through Reddy Pharma Italia S.R.L.

 

(12)Indirectly owned through Reddy Netherlands B.V.

 

(13)Indirectly owned through Idea2Enterprises (India) Pvt. Limited.

 

(14)DRANU LLC is consolidated in accordance with guidance available in IFRS 10, “Consolidated financial statements”.

 

(15)Accounted in accordance with IFRS 11, “Joint Arrangements”.

 

(16)The Company does not have any equity interests in this entity, but has significant influence or control over it.

 

(17)Pursuant to the sale of the membership interests in DRANU, LLC, it ceased to be a joint venture effective March 31, 2021.