At Dr. Reddy's, our Board of Directors, management and employees are committed to upholding high standards of corporate governance and business ethics. We firmly believe that timely disclosures, transparent accounting policies, rigorous internal control systems and a strong and independent Board go a long way in preserving shareholder trust while maximizing long-term shareholder value.
The Securities and Exchange Board of India (SEBI) through Clause 49 of the listing agreement with the stock exchange regulates corporate governance for listed companies. Dr Reddy’s is in full compliance with Clause 49. It is also in full compliance with the applicable corporate governance standards of the New York Stock Exchange (NYSE).
The compliance report of Dr Reddy’s on corporate governance during the year 2006-2007 can be found in our Annual Report, under ‘Management Discussion and Analysis’ and ‘Additional Shareholder Information’.
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