EX-8 5 rdy0757_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, joint ventures and associates as of March 31, 2025:


Name of the subsidiaries/associates/joint ventures

 

Country of

Incorporation

 

Percentage of

Direct/Indirect

Ownership Interest

Aurigene Discovery Technologies (Malaysia) Sdn. Bhd.

 

Malaysia

 

100%(1)

Aurigene Oncology Limited (formerly, Aurigene Discovery Technologies Limited)

 

India

 

100%

Aurigene Pharmaceutical Services Limited

 

India

 

100%(1)

beta Institute gemeinnützige GmbH

 

Germany

 

100%(6)

betapharm Arzneimittel GmbH

 

Germany

 

100%(6)

Cheminor Employees Welfare Trust

 

India

 

Refer to below footnote(12)

Cheminor Investments Limited 

 

India

 

100%

Chirotech Technology Limited (dissolved on September 18, 2024).

 

United Kingdom

 

100%

Clean Renewable Energy KK 2A Private Limited (from July 31, 2024)

 

India

 

26.99%(10)

Dr. Reddy’s (Beijing) Pharmaceutical Co. Limited

 

China

 

100%(7)

Dr. Reddy’s and Nestlé Health Science Limited (formerly, Dr. Reddy’s Nutraceuticals Limited) (refer note 36.A for details)

 

India

 

51%(15)

Dr. Reddy’s Bio-Sciences Limited

 

India

 

100%

Dr. Reddy’s Employees ESOS Trust

 

India

 

Refer to below footnote(12)

Dr. Reddy’s Farmaceutica Do Brasil Ltda.

 

Brazil

 

100%

Dr. Reddy’s Finland Oy (from December 20, 2024)

 

Finland

 

100%(7)

Dr. Reddy’s Formulations Limited

 

India

 

100%

Dr. Reddy’s Laboratories (Australia) Pty. Limited

 

Australia

 

100%(7)

Dr. Reddy’s Laboratories (EU) Limited

 

United Kingdom

 

100%(7)

Dr. Reddy’s Laboratories (Proprietary) Limited

 

South Africa

 

100%(7)

Dr. Reddy’s Laboratories (Thailand) Limited

 

Thailand

 

100%(7)

Dr. Reddy’s Laboratories (UK) Limited

 

United Kingdom

 

100%(3)

Dr. Reddy’s Laboratories Canada, Inc.

 

Canada

 

100%(7)

Dr. Reddy’s Laboratories Chile SPA.

 

Chile

 

100%(7)

Dr. Reddy’s Laboratories Inc.

 

U.S.A.

 

100%(7)

Dr. Reddy’s Laboratories Jamaica Limited (from September 25,2023)

 

Jamaica

 

100%(7)

Dr. Reddy’s Laboratories Japan KK

 

Japan

 

100%(7)

Dr. Reddy’s Laboratories Kazakhstan LLP

 

Kazakhstan

 

100%(7)

Dr. Reddy’s Laboratories LLC

 

Russia

 

100%(7)

Dr. Reddy’s Laboratories LLC, Ukraine

 

Ukraine

 

100%(7)

Dr. Reddy’s Laboratories Louisiana LLC (divested on March 21, 2025)

 

U.S.A.

 

100%(4)

Dr. Reddy’s Laboratories Malaysia Sdn. Bhd.

 

Malaysia

 

100%(7)

Dr. Reddy’s Laboratories New York, LLC

 

U.S.A.

 

100%(4)

Dr. Reddy’s Laboratories Philippines Inc.

 

Philippines

 

100%(7)

Dr. Reddy’s Laboratories Romania Srl

 

Romania

 

100%(7)

Dr. Reddy’s Laboratories SA

 

Switzerland

 

100%

Dr. Reddy’s Laboratories SAS

 

Colombia

 

100%(7)

Dr. Reddy’s Laboratories Taiwan Limited

 

Taiwan

 

100%(7)

Dr. Reddy’s New Zealand Limited.

 

New Zealand

 

100%(7)

Dr. Reddy’s Research Foundation

 

India

 

Refer to below footnote(12)

Dr. Reddy’s Srl

 

Italy

 

100%(8)

Dr. Reddy’s Venezuela, C.A. (dissolved on June 5, 2024)

 

Venezuela

 

100%

Dr. Reddy's Denmark ApS (from October 4, 2024)

 

Denmark

 

100%(7)

Dr. Reddy's Netherlands B.V. (formerly Dr.Reddy’s Research and Development B.V.)

 

Netherlands

 

100%(9)

DRES Energy Private Limited

 

India

 

26%(10)

DRL Impex Limited

 

India

 

100%(11)

Idea2Enterprises (India) Pvt. Limited

 

India

 

100%

Imperial Owners and Land Possessions Private Limited (Formerly, Imperial Credit Private Limited) (entity under liquidation)

 

India

 

100%

Industrias Quimicas Falcon de Mexico, S.A. de CV

 

Mexico

 

100%

Kunshan Rotam Reddy Medicine Company Limited

 

China

 

51.33%(2)(10)(14)

Kunshan Rotam Reddy Pharmaceutical Co. Limited

 

China

 

51.33%(2)(10)

Lacock Holdings Limited

 

Cyprus

 

100%(7)

Nimbus Health GmbH

 

Germany

 

100%(6)

North Star OpCo Limited (from September 30, 2024)

 

United Kingdom

 

100%(13)

North Star Sweden AB (from September 30, 2024)

 

Sweden

 

100%(13)

Northstar Switzerland SARL (from September 30, 2024)

 

Switzerland

 

100%(7)

O2 Renewable Energy IX Private Limited

 

India

 

26%(10)

Promius Pharma LLC

 

U.S.A.

 

100%(4)

Reddy Holding GmbH

 

Germany

 

100%(7)

Reddy Netherlands B.V.

 

Netherlands

 

100%(7)

Reddy Pharma Iberia SAU

 

Spain

 

100%(7)

Reddy Pharma Italia S.R.L.

 

Italy

 

100%(5)

Reddy Pharma SAS

 

France

 

100%(7)

Svaas Wellness Limited

 

India

 

100%


 

(1)

Indirectly owned through Aurigene Oncology Limited (Formerly, Aurigene Discovery Technologies Limited).

 

(2)

Kunshan Rotam Reddy Pharmaceutical Co. Limited and Kunshan Rotam Reddy Medicine Company Limited are subsidiaries 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.

 

(3)

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

 

(4)

Indirectly owned through Dr. Reddy’s Laboratories Inc.

 

(5)

Indirectly owned through Lacock Holdings Limited.

 

(6)

Indirectly owned through Reddy Holding GmbH.

 

(7)

Indirectly owned through Dr. Reddy’s Laboratories SA.

 

(8)

Indirectly owned through Reddy Pharma Italia S.R.L.

 

(9)

Indirectly owned through Reddy Netherlands B.V.

 

(10)

Accounted using equity method as per IAS 28, “Investment in Associates and Joint Ventures”.

 

(11)

Indirectly owned through Idea2Enterprises (India) Pvt. Limited. 

 

(12)

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

 

(13)

Indirectly owned through North Star Switzerland SARL.

 

(14)

Indirectly owned through Kunshan Rotam Reddy Pharmaceutical Co. Limited.